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Finally, Greek Corvette Development in partnership with Fincantieri

doc. Al Zubarah/Doha Class Corvette (@Fincantieri)

One of the world’s largest shipbuilding groups, Fincantieri, Italy, together with ONEX Shipyards & Technologies Group, Greece, signed a cooperation agreement for the creation of a corvette manufacturing and maintenance line, which will be carried out at Onex Elefsis Shipyard, Attica, Greece.

Taking place at the Greek Ministry of Development and Investment, Minister Adonis Georgiadis and Deputy Minister Nikos Papathanasis were present at the signing of the agreement between the CEO of Fincantieri, Pierroberto Folgiero, and the President & CEO of ONEX Shipyards & Technologies Group, Panos Xenokostas, said the Greek Ministry of Defense website, December 16, 2022.

The agreement, among other things, provides for the construction of a 2+1 state-of-the-art corvette (two corvettes, with an option for a third ship) at Onex Elefsis Shipyard, along with updating, maintenance, knowledge needed (how to and transfer of technology), and equipment, with a budget of around 80 million euros.

Onex Naval and Maritime Elefsis Shipyards hopes that this collaboration will create 2,500 new jobs in the Greek shipbuilding industry and be an important step in empowering domestic defense production.

Signing of the agreement between Onex and Fincantieri for the Elefsina Shipyard, at the Greek Ministry of Development and Investment, on December 16, 2022. (@Greek Development and Investment Ministry) 
Signing of the agreement between Onex and Fincantieri for the Elefsina Shipyard, at the Greek Ministry of Development and Investment, on December 16, 2022. (@Greek Development and Investment Ministry)

The knowledge that will be acquired through the collaboration of ONEX and Fincantieri will become an important foundation for product development to meet the defense needs of various markets, as well as provide a major impetus for the rebirth of Elefsis Shipyard, Greece.

This agreement is also expected to be the prospect of further cooperation between Fincantieri and ONEX Shipyards & Technologies Group, for future warship and commercial shipbuilding programs.

Last October Fincantieri signed a number of memorandums of understanding (MoU) with potential Greek suppliers, to establish the basis for possible long-term business relationships, in the development of the local industrial ecosystem.

Fincantieri Hope

“Our development strategy is based on a proven model of increasing the effectiveness of local partners through technology transfer, which takes advantage of the synergies and interconnections between production in Italy and Greece with a long-term strategy,” said Fincantieri CEO Pierroberto Folgiero, on the Fincianteri website, on December 17, 2022.

“We also take advantage of the unique features of the Italian defense industry through a network of small and medium companies working with global companies. We want Greek Elefsis Shipyard to be the reference operator”, continues the CEO of Fincantieri.

The wishes of the Onex Shipbuilding

President & CEO, ONEX Shipyards & Technologies Group, Panos Xenokostas believes Greece will join forces with global industry leader Fincantieri, forming a strong American-Italian-Greek alliance based in Greece and its shipyards.

“Today’s agreement for the development of a manufacturing and support base for the production line of Corvette Doha is only the beginning.” “The transfer of knowledge and training of workers at Elefsis Shipyard by Fincantieri is a legacy of national importance,” said the president and CEO of ONEX Shipyards and Technologies Group.

The Greek shipbuilding industry hopes that this cooperation will go beyond the rise of the shipbuilding industry, but further transform Greece into a regional center for the construction and support of defense platforms.

Signing of the agreement between Onex and Fincantieri for the Elefsina Shipyard, at the Greek Ministry of Development and Investment, on December 16, 2022. (@Greek Development and Investment Ministry) 
Signing of the agreement between Onex and Fincantieri for the Elefsina Shipyard, at the Greek Ministry of Development and Investment, on December 16, 2022. (@Greek Development and Investment Ministry)

Doha-class Corvettes

As an illustration, the Doha/Al Zubarah class Corvette warships are multi-functional ships capable of fulfilling various tasks, from reconnaissance with sea rescue capabilities to becoming warships.

The corvettes are capable of operating high-speed vessels such as RHIB (Rigid Hull Inflatable Boat) via lateral cranes or haul roads located at the stern.

The Doha class, which has a flight deck and a hangar to accommodate one NH90 helicopter, has the following characteristics: length 107.0 meters, beam 14.7 meters, depth 8.6 meters, full payload displacement of 3,250 tons, range (at cruising speed) above 3,500 nm, and a shelf life of 21 days.

This warship is driven by the 4xPDE + 2xRG + 2xFCPP propulsion system, accommodates a crew of 98+14 people, with a maximum speed of 28 knots and a cruising speed of 15 knots.

doc. Al Zubarah class corvette (@Fincantieri)
doc. Al Zubarah class corvette (@Fincantieri)

Weapons and effectors include:

VLS for Medium-Term SAM
Short-range SAM Launcher
SSM Launcher
76/62mm SR Main Caliber Multi-Feeding Gun
30mm Secondary Gun
Radar ECM EWS
AAW Feed Launcher
ASW Feed Launcher

Offer from Naval Group

Previously, Greece was mulling a decision on a Corvette acquisition program after the final bids from France and Italy were submitted in early December 2022.

The proposal from Naval Group France concerned basing the Gowind 2800HN on the Gowind 2500 Corvette, while Fincantieri Italy proposed the Doha FCx30 class.

Korvet Gowind
Gowind Corvette (@Naval Group)

The French Naval Group is offering packages for the Greek corvette program that include: four Gowind corvettes, three of which were built by a Greek shipyard and the first in France; technology transfer for local construction; 30% of the contract value for Greece and hundreds of long-term jobs.

Naval Group is also offering long-term partnerships with Greek industry and the national defense ecosystem in the continuation of the Greek medium frigate (FDI) program. high-value work; the financing proposal is based on long-term payments.

But the choice that the Greek government has made is that the construction of the corvette be carried out by Fincianteri.

*Photo cover: Doc. Al Zubarah/Doha Class Corvette (@Fincantieri)

 

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