Italy-Greece naval cooperation: Fincantieri at the heart of the agreement for two FREMM Frigates for the Hellenic Navy

The agreement paves the way for further collaboration strategies between Italy and Greece

8 September 2026

Italy and Greece today signed in Rome the Implementing Arrangement concerning the transfer, through Fincantieri, of two FREMM frigates, Carlo Bergamini and Virginio Fasan, currently in service with the Italian Navy fleet, to the Hellenic Navy. The agreement was signed between the General Directorate of Defence Investments and Armaments (GDDIA) of the Ministry of National Defence and its Italian counterpart, the Italian General Directorate for Armaments, in the presence of Italian Minister of Defence Guido Crosetto, Greek Minister of National Defence Nikos Dendias, and the Chiefs of the respective Navies, Admiral Giuseppe Berutti Bergotto and Admiral Dimitrios-Eleftherios Kataras. Representing Fincantieri were Pierroberto Folgiero, Chief Executive Officer and Managing Director, and Eugenio Santagata, General Manager of the Naval Vessels Division.


Image by Fincantieri.

The Implementing Arrangement follows the Memorandum of Cooperation and the Declaration of Intent signed in September 2025 and further strengthens relations between Italy and Greece. For the Group, the transaction represents a gateway to future opportunities and new cooperation strategies.

Under the agreement, Fincantieri will play a leading role both in the transfer process and in providing support throughout the entire lifecycle of the two vessels, while also contributing to the strengthening of industrial cooperation with Greece. The agreement defines the key aspects relating to the transfer of the two ships, the initial and long-term support activities required to ensure their operational readiness, and the involvement of Greek industry in maintenance activities and the integration of new systems on board the vessels.

Designed and built by Fincantieri for the Italian Navy, the two frigates represent one of the most advanced expressions of the Group’s technological and industrial capabilities. They validate a model that combines innovation, operational support, and long-term international cooperation, while also demonstrating the value of the FREMM platform in terms of adaptability, flexibility, and continuity of naval operations.

Pierroberto Folgiero, Chief Executive Officer and Managing Director of Fincantieri, stated: "The progress of the transfer process also creates new opportunities for industrial synergies between Fincantieri and the Greek industrial ecosystem, generating benefits across the supply chain. The introduction of the FREMM frigates into the Hellenic Navy represents a first step towards broader integration of expertise, technologies and industrial capabilities among countries operating the platform, fostering knowledge sharing and supporting development of further technological advancements".

Fincantieri press release