
The Greek Minister of Defence, CEO of Naval Group, and CEO of MBDA signed a Memorandum of Understanding (MoU) on Sept. 28 to start negotiations to provide Greece’s Hellenic Navy with three Defence and Intervention Frigates (FDI HN). The deal is set to cost about $3.5 billion. Under the framework agreement, France’s Naval Group will build the frigates in Lorient, France, where the second similar frigate for France entered production. France has currently contracted Naval Group for five of the…