Naval Group: a very attractive offer for the corvettes program of the Hellenic Navy
Based on the sea-proven Gowind® corvette and an optimised delivery schedule, it includes a Hellenic Industry Participation plan with 30% of the program value in Greece and hundreds of jobs in Greece over the next 40 years.
Building on Naval Group’s extensive expertise in terms of transfer of technology, the first corvette will be built in France in 3 years and the following units in Hellenic Shipyards.
The French offer
The French offer for the corvettes is a comprehensive and robust package designed to ensure Greece has the best capabilities in the shortest timeframe with optimised costs and the highest
level of commonalities with the FDI frigates. It includes:
4 Gowind® corvettes with 3 built in Greece by Hellenic Shipyards and the first in 3 years.
A secure transfer of technology for the local construction thanks to Naval Group’s unmatched expertise and track record.
30% of the contract value in Greece and hundreds of long-term jobs.
A long-term partnership with the Hellenic industry and the national defence ecosystem in the continuity of the FDI HN program to create and sustain high value jobs.
A very attractive financing proposal based on long term differed payments.
FDI HN
A secure transfer of technology and optimised delivery schedule
Naval Group boasts unmatched experience in terms of successful in-country construction of both surface ships and submarines. Thanks to its decades of expertise, the Group has developed a robust and reliable process to ensure a successful and secure transfer of technology to its partners. This unique expertise is key to ensuring the program will maximize the involvement of the Hellenic companies and the success of “Made in Greece” while guaranteeing to the Hellenic Navy the quality, on-time delivery and performances of the ships. In that perspective, Naval Group is the best choice for ensuring a risk-free production in Greece by the Hellenic industry.
Construction of the 1st Gowind® corvette in France will ensure operation by Greece in the shortest timeframe with a flag transfer only 3 years after the coming into force of the contract. The following units will be built in Greece by Hellenic Shipyards with the first corvette built in Greece delivered only one year after the first unit and then a pace of 1 Gowind® every 12 months.
The training of Hellenic partners during the production of the first ship will secure the transfer of technology to allow the construction of the corvettes in Greece. This will ensure long-term autonomy for the Hellenic Navy and significant economic benefits for the Hellenic naval and defence industries and for the supply chain in Greece.
A robust Hellenic Industry Participation plan to sustain hundreds of jobs
Naval Group is committed to guaranteeing the success of the corvettes program as well as to support the Hellenic sovereignty by supporting the involvement of the Hellenic industrial ecosystem. With the Hellenic Industry Participation (HIP) plan for the Gowind® HN, Naval Group will ensure economic benefits in Greece of at least 30% of the program value by:
Maximizing Hellenic industrial activity through the involvement of the Hellenic industry in the production in Greece of the GWD corvettes starting with the 2nd ship of the series.
Developing the autonomy on the Follow-On Support (FOS) for the sovereign use of the corvettes.
Extending the industrial participation of Hellenic industrial partners integrated in Naval Group’s supply chain to other programs carried out by Naval Group (domestic and international).
Structuring and increasing the R&D cooperation with Hellenic partners, in particular for European projects.
Developing innovations in the naval/maritime domains.
Gowind & FDI hn
The construction of the three corvettes in Greece thanks to Naval Group’s transfer of technology will sustain more than 1,200 jobs in our partner shipyard while production of equipment in Greece will sustain more than 150 for the construction but also repairs. As the ships will be in service for more than 40 years, the follow-on support will also offer opportunities for up to 500 highly qualified jobs.
Beyond the corvettes program, Naval Group’s Hellenic Industry Participation plan (HIP) will develop new capacities in the Greek industry, sustaining highly qualified jobs and generating longterm economic spin-offs in Greece thanks to a large transfer of production.
Indeed, the French team has designed a very ambitious industrial cooperation plan that will contribute to the revitalization of a profitable naval industry while significantly increasing Greece's autonomy and sovereignty. It will reinforce the international recognition of the excellence of the Greek naval industry while providing the best high-end “Made in Greece” warships to defend the country’s citizens and interests.
Beyond the build of the Gowind® corvettes, the local ecosystem will also gradually acquire the know-how and benefit from the most modern and high-end maintenance tools needed to efficiently maintain the FDI HN frigates as well as the Gowind® HN corvettes throughout their operational life cycle. In addition to ensuring the Hellenic Navy’s sovereignty, this long-term approach will develop the sustainability of the Greek companies by providing them with recurring activities over the ship life-cycle, source of growth potential, employment and benefit over the next decades.
Naval Group to open a subsidiary in Greece
To reinforce the ramp-up of its operations in Greece, Naval Group will open Naval Group Hellas, its 100% subsidiary in Greece in early 2023.
This subsidiary will be the pillar for Naval Group’s long-term footprint in Greece and will be structured with substantial investment for a progressive ramp up of its Hellenic personnel based on training, transfer of technology and transfer of knowledge.
After a progressive ramp-up, the Hellenic staff will constitute the majority of the subsidiary’s workforce, which could sustain up to 100 jobs.The subsidiary will generate and coordinate local industrial activities for the benefit of the Hellenic Navy.
Photos credits: Naval Group