Italy and Greece have signed a preliminary agreement for the transfer of two naval units from the Italian Navy to the Hellenic Navy, with shipbuilder Fincantieri acting as the facilitator. The agreement was signed on September 29.
The deal will be subject to customary approvals. According to Fincantieri, it will also include a support package to be managed by the company. The two vessels, which remain in service with the Italian Navy, are expected to be replaced by new orders in the future.
Fincantieri Chief Executive Officer Pierroberto Folgiero said, “This preliminary agreement is further evidence of the international relevance of the Italian system in both militarily and industrially and confirms the importance and strategic strength of the partnership with the Italian Navy.”
The agreement was described by Italian officials as a step forward in defence cooperation between Italy and Greece, enhancing interoperability and joint industrial development in the maritime sector.
