Greece: 4th FDI Frigate Procurement

September 18, 2025
Written by E.Tsiliopoulos

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The Greek government tonight moved forward with the decision to procure a fourth FDI frigate for the Hellenic Navy, which will be named Themistocles, with all four FDI HN frigates slated for upgrades to the Standard 2++ configuration. The Hellenic Parliament now has to vote to approve this decision. This formality is expected to take place next week.

Under the draft law of the Ministry of National Defense “Approval of draft defense contracts for the amendment of contracts no. 016B/21 and 017B/21 concerning the procurement of ‘FDI HN’ frigates and their follow-on support” the following are stipulated:

* Approval is granted for the draft of Amendment Contract No. 1 to Contract No. 016B/21 (Article 1 of Law 4891/2022) for the procurement of three (3) frigates with an option for the purchase of one (1) additional frigate, including related items and services, between the Ministry of National Defense and the manufacturer Naval Group. This Amendment Contract includes: a) the upgrade of the three (3) original frigates (HN1 Kimon, HN2 Nearhos, HN3 Formion) and b) the exercise of the purchase option for the fourth frigate (HN4) Themistocles. The total cost is €922 million.

* Approval is granted for the draft of Amendment Contract No. 1 to Contract No. 017B/21 (Article 2 of Law 4891/2022) for the follow-on support (FOS) of the frigates, including related items and services, between the Ministry of National Defense and the manufacturer Naval Group. This Amendment Contract includes: a) the extension of the initial three-year FOS period for the first three frigates, as specifically defined and b) the provision of FOS for the fourth frigate (HN4) as well as the upgraded three (3) original frigates (HN1, HN2, HN3). The total cost is €60 million.

The €982 million expenditure will be disbursed in installments from the current year through 2030. The government’s goal is to have the contract signed by the end of 2025. The 4th FDI HN frigate will have the pennant number F-600 and will cost approximately €810 million including ILS, studies, documentation, initial set of on board and of base spare parts.

> The procurement of Themistocles is not accompanied by a contract for its MBDA weapons loadout (ASTER, EXOCET), as was the case with the previous three. Logically, this is expected to be arranged in the near future.

France has also agreed to Greece’s request for 25% industrial returns, valued at approximately €200 million, to benefit Greek defense companies.

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