Greece Spends €3 Billion in French Defence Deal.

Greece Spends €3 Billion in French Defence Deal.

October 7, 2021
Procurement

A few weeks back, when the US, UK and Australian governments announced their surprise military pact, France wore the brunt of the new alliance, with the Australian Government subsequently scrapping its €50 billion nuclear submarine deal with them.

At the same time, the Greek Navy sought bids to upgrade their fleet. Through a tender process, they received supply bids from six countries, including France, the U.S, the Netherlands and the U.K.

The French proposal carried the heftiest price tag, so as the Navy reviewed all proposals, France submitted an improved offer, and sealed the deal to win the contract.

The contract comes in at €3 billion and includes up to six warships, with half of those works starting in 2025. Greece also agreed earlier this month to purchase six more Rafale fighter jets from France.

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Photo by jimmy teoh

 

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