September 29, 2025
On the opening day of the Seafuture trade fair in La Spezia, Italy, Greece took a significant step forward in its defence cooperation by signing a preliminary agreement for the sale of two naval vessels to the Hellenic Navy.
The agreement was signed by the National Armaments Directors of Italy and Greece and involves the transfer, through Fincantieri, of two ships currently in service with the Italian Navy. Italian Defence Minister Guido Crosetto, Greek Defence Minister Nikos Dendias, and Admiral Enrico Credendino, Chief of Staff of the Italian Navy, attended the ceremony.
This move underscores the strategic partnership between the two countries, highlighting the value and reputation of Italian naval technology and Fincantieri’s expertise in shipbuilding.
The final agreement, pending standard authorisations, will include a comprehensive support package to be managed by Fincantieri through its extensive after-sales network. Italy is also expected to replace the two vessels with new orders in the near future, ensuring continuity in its naval capabilities.
Pierroberto Folgiero, CEO and General Manager of Fincantieri, stated:
“Our flagship naval vessels represent a globally recognised platform of excellence and a powerful vehicle for geopolitical exports. This preliminary agreement confirms both the international significance of Italy’s defence industry and the strategic strength of our partnership with the Italian Navy. It also reinforces Fincantieri’s central role in advancing industrial cooperation between allied nations and supporting the international presence of Italian Defence.”
This agreement reflects the growing military and industrial cooperation between Greece and Italy, positioning both countries as key players in European maritime security.
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