Fincantieri and Leonardo have signed additional memoranda of understanding at Elefsis with potential new suppliers with advantages for the economy and national defense
As part of the collaboration with the local industrial ecosystem and the strengthening of the collaboration between Italy and Greece, Fincantieri and Leonardo have signed a series of further memoranda of understanding (MoU) with potential new Greek suppliers, laying the foundations for the definition of possible commercial relationships.
The event took place today in Elefsis, where Onex Elefsis Shipyards is based. This site is the cornerstone of Fincantieri's strategy should the Group, as prime contractor, be awarded the Hellenic Navy corvette program promoted by the Greek Ministry of National Defence.
Thanks to today's result, the involvement of Greek industry continues, not only in reference to the corvette programme. In fact, the Italian team made up of Fincantieri, Leonardo - as system integrator for the Combat Management System and the main naval sensors, systems and artillery - MBDA Italia and Elettronica, is united in supporting the development of a wide-ranging shipbuilding partner with advanced skills and reliable.
After those to start a possible supply chain in Greece, Fincantieri has signed an agreement with ONEX Shipyards & Technologies Group for the creation of a production and maintenance line for corvettes throughout their life cycle, located at the Elefsis shipyards. The agreement:
- establishes the terms of the collaboration for the construction of state-of-the-art 2+1 corvettes at the Onex Elefsis shipyards, together with the necessary upgrades, improvements, transfer of know-how and technology, equipment, which are estimated at around 80 million euros;
- it is expected to create 2.500 new direct and indirect jobs in the shipbuilding sector; • promotes cooperation with multiple benefits for the Greek economy and the defense sector, which can be strengthened in view of future programs for the construction of military and merchant ships.
This agreement is an important step in strengthening national defense production. The know-how that will be acquired through the ONEX – Fincantieri collaboration, which involves the entire Italian industrial ecosystem, will be an important cornerstone for the development of competitive products capable of satisfying the defense needs of the various markets, giving even greater impetus to revival of Elefsis Shipyards.
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Fincantieri is one of the main shipbuilding complexes in the world, the only one active in all sectors of high-tech shipbuilding. It is a leader in the construction and transformation of cruise, military and offshore units in the oil & gas and wind power sectors, as well as in the production of systems and components, in the offer of after-sales services and in ship furnishing solutions. Thanks to the skills developed in the management of complex projects, the Group boasts references of excellence in infrastructures, and is a reference operator in digital and cybersecurity, in electronics and advanced systems.
With over 230 years of history and more than 7.000 ships built, Fincantieri maintains its know-how and management centers in Italy, where it employs 10.000 employees and activates around 90.000 jobs, which double on a global scale thanks to a production network of 18 factories on four continents and over 21.000 direct workers.
www.fincantieri.com
Leonardo, global high-tech company, it is among the first companies in the world in Aerospace, Defense and Security and the main Italian industrial company. Organized into five business divisions, Leonardo boasts a significant industrial presence in Italy, the United Kingdom, Poland and the USA where it also operates through subsidiaries such as Leonardo DRS (defense electronics) and some joint ventures and equity investments: ATR, MBDA, Telespazio, Thales Alenia Space and Avio. Leonardo competes on the most important international markets by leveraging its areas of technological and product leadership (Helicopters; Aircraft; Aerostructures; Electronics; Cyber & Security Solutions and Space). Listed on the Milan Stock Exchange (LDO), in 2021 Leonardo recorded consolidated revenues of 14,1 billion euros and invested 1,8 billion euros in Research and Development. The company has been included in the Dow Jones Sustainability Indices (DJSI) since 2010, confirming itself among the global leaders in sustainability also in 2021. Leonardo is also included in the MIB ESG index.
www.leonardo.com
MBDA is the only European group in the defense sector able to design and produce missiles and missile systems to respond to the most varied operational needs, present and future, for the armed forces. Thanks to the presence in five European countries (France, Germany, Italy, United Kingdom, Spain) and in the United States, MBDA achieved revenues of 2021 billion euros in 4.2 and has an order book of 17.8 billion euros. In total, the group offers a range of 45 missile systems and countermeasures programs already in operational service and more than 15 other projects in development. MBDA is controlled with equal Corporate Governance rules by Airbus (37,5%), BAE Systems (37,5%) and Leonardo (25%).
www.mbda-systems.com
Electronics, at the forefront of Electronic Warfare for 70 years, supplies the armed forces and governments of 30 countries with over 3000 high-tech systems. Elettronica systems are designed for a variety of key operational missions, from strategic surveillance, self-protection, Sigint, electronic defense and operational support for air, naval and land applications. The company boasts a solid record of successful national and international collaborations on all major modern military platforms such as the Tornado fighter, the Eurofighter Typhoon fighter, the NFH-90 helicopter, the Italian PPA platform, the Italian and French ships Horizon and FREMM , and a wide range of projects in different countries around the world. It is a company of the Elettronica Group which also includes CY4GATE, specialized in Cyber EW, Cybersecurity and Intelligence, Elettronica GmbH, a German subsidiary specialized in the design of Homeland Security systems and EltHub, specialized in R&D and fast prototyping.
www.elettronicagroup.com