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> Greece

Greece to acquire new corvettes

The decision was reached by the Supreme Naval Council of the Hellenic Navy

Newsroom November 9 06:30

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The Supreme Naval Council of the Hellenic Navy decided today to acquire new corvettes. The decision was reached in the context of the programme by the Navy for the renewal of the fleet together with the procurement of the Belharra by the Navy and the modernization of the MEKO frigates.

According to information, the Italian and French proposals are considered the most dominant, while there is also the Dutch one – however, we are at the beginning of the procurement process: A meeting of the Chiefs of General Staff Council will follow on the matter, and then the Directorate of Equipment will take over to negotiate with the interested parties, so that the Government Council for Foreign Affairs and Defence (KYSEA) will finally decide.

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The Ministry of National Defence has committed funds totalling approximately 2.5 billion euros, which will be allocated to the purchase of three corvettes and the upgrade of the four MEKO-class frigates, an amount that is expected to increase over time, as during the development process of both programmes it is estimated that hidden costs will appear, which are impossible to predict at the start of the process.

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