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European Patrol Corvette Project Phase One Launch and Modular Multirole Patrol Corvette Contract Signed

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On October 24, 2023, in a formal ceremony conducted at OCCAR premises in Rome, OCCAR (Organization for Joint Armament Cooperation) entered into a contractual agreement with a Consortium, led by Naviris and comprising Fincantieri (Italy), Naval Group (France), Navantia (Spain), as well as other participating entities from Greece, Denmark, and Norway, collectively representing the Modular and Multirole Patrol Corvette (MMPC) project’s initial phase within the framework of the European Patrol Corvette (EPC) initiative.

The total value of this inaugural phase stands at 87 million Euros, with substantial backing from the European Commission (EC) via the European Defence Fund (EDF). Notably, the EC will provide 60 million Euros in the form of grants, while the remaining 27 million Euros will be contributed by the Member States, namely Italy, France, Spain, Denmark, Greece, and Norway, who have elected to endorse this pivotal undertaking. OCCAR will oversee the comprehensive project, acting as the Granting Authority under the EC’s mandate and the Contracting Authority, representing the aforementioned Member States.

Simultaneously, the delegates representing the involved companies formalized a consortium agreement on the same day, aimed at governing the project’s execution and fostering heightened cooperation and synergies among European shipbuilding industries.

Fueled by pioneering and game-changing technologies, this new class of vessels embodies a paradigm shift, exemplifying a collective of intelligent, groundbreaking, cost-effective, environmentally sustainable, interoperable, and versatile ships meticulously crafted to address a vast spectrum of missions within an ever-evolving operational landscape. Tailored to the unique demands articulated by each Navy, these vessels possess the capability to execute a diverse array of missions across a wide array of operational scenarios. From autonomously conducting high-seas surveillance missions to enforcing maritime law and asserting sovereignty in close coastal proximity, these vessels are thoughtfully adapted to the distinctive requirements of various Navies.

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