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Naval Group signs a framework agreement with Hellenic industry under the FDI HN program with Hellenic company MEVACO

16 Jun 2022

Naval Group signs a framework agreement with Hellenic industry under the FDI HN program with Hellenic company MEVACO
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On the 15th of June 2022, Naval Group and the Hellenic company MEVACO signed a framework agreement related to mechanical systems for the FDI HN (Hellenic Navy) frigates.

Metalwork equipment supplier 

Following the intensive preliminary phase launched a few years ago for the localisation of production activities in Greece, Naval Group has identified MEVACO as a key supplier for mechanical systems and metalwork equipment. Within the scope of the framework agreement, MEVACO will procure part of the mast, hull, and mobile equipment.

The signing of this framework agreement illustrates the Naval Group’s ambitious Hellenic Industry Participation Plan and demonstrates the Group’s commitment to developing and structuring strong industrial cooperation with the Hellenic industry.

Signing agreements 

In addition and following the same process, other agreements are on track to be signed with several other Hellenic companies in the coming months. Naval Group’s objective is to further develop its footprint in Greece through partnerships with Hellenic industry, research, and academic partners.

The Framework Agreement with MEVACO illustrates the French-Hellenic cooperation dynamic also structured by the partnership agreement signed between GICAN (French Marine Industry Group) and SEKPY (association of Hellenic Defence Manufacturers) in February 2020.

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