Major agreements to strengthen Greece’s defence industry were signed at the Greek Pavilion, organised by the Association of Hellenic Manufacturers of Defence Material (SEKPY), at the EURONAVAL 2026 international naval defence exhibition in Paris. On 4 November, Naval Group signed 10 new contracts with Greek companies and two Memoranda of Understanding (MoUs) in research and development, expanding the presence of Greek industry in its international supply chain.
The new agreements form part of Naval Group’s Hellenic Industrial Participation (HIP) programme and cover the construction of FDI frigates, the provision of specialised maintenance and support services, and the development of innovative technologies.
Their signing at SEKPY’s Greek Pavilion, where the association is exhibiting at EURONAVAL for the third consecutive year, highlights the increasingly active role of Greek companies in international defence programmes and the potential to further strengthen domestic production.
Frigate construction
Five of the contracts cover the construction of components and systems for FDI frigates, with Greek companies taking on specialised work:
SALAMIS (Salamis Shipyards) will build new FDI frigate sections (blocks) in Salamis. METLEN will manufacture torpedo doors in Volos. KAFKAS will manufacture emergency shutdown panels and electrical switchboards in Thessaloniki. KASSIDIARIS will manufacture control panels for the propulsion system in Piraeus. B&T COMPOSITES will develop activities in the composites sector related to low-pressure prototypes in Florina.
These agreements strengthen the Greek industry’s role in the production of modern warships and create further opportunities to draw on domestic expertise.
Maintenance services
Five more contracts were also signed for the provision of specialised services:
FOTINAKIS will carry out welding work and prepare technical studies. GELASAKIS will provide local shipping agency services. HERMES will supply mobile cranes for handling heavy equipment. IKRIOMA SKORDILAKIS will provide metal scaffolding. MARITA HELLAS will provide security and firefighting solutions.
PPC INSPECTRA was also represented at the event. Naval Group signed a Memorandum of Understanding with the company in July 2026 covering laboratory testing, inspection and certification services. The first work assignments under the agreement are already under way.
Research and innovation
Two Memoranda of Understanding in research and development (R&D), covering advanced naval defence technologies, are particularly significant.
The first is with FEAC and covers undersea warfare technologies, systems performance throughout their lifecycle, digital twins and signature analysis. The second was signed with SOTIRIA Technology and focuses on drawing on its expertise in marine sensors, magnetometers and seabed warfare technologies.
SEKPY welcomes the signing of the new agreements, which demonstrate the ability of Greek companies to make a meaningful contribution to major international defence programmes. Increasing domestic added value, developing new industrial partnerships and expanding the presence of Greek companies in international markets are key priorities for the association.
SEKPY’s enduring goal is to achieve Greek industrial participation of at least 25% in defence procurement programmes, and the new agreements signed at EURONAVAL 2026 are another step towards that objective.