On 19th March 2026, METLEN and Naval Group signed a Memorandum of Understanding (MoU) at M Technologies - METLEN’s defence arm - facilities in Volos, in the presence of the French Ambassador to Greece, Laurence Auer. The agreement aims to explore future collaboration in the field of submarine and surface ship projects.
This MoU marks a further step in strengthening an already established partnership, positioning METLEN as a strategic partner within Naval Group’s supply chain. Already benefiting from METLEN’s expertise regarding the manufacture of some key element for the FDI frigate on both Hellenic and French programs, Naval Group considers METLEN’s know-how as a key asset, which could lead to broader industrial cooperation across multiple naval platforms in the field of surface ships and submarines for the global markets.
This agreement highlights the shared ambition of both companies to support complex naval systems and contribute to a more resilient and competitive European defence ecosystem. It also reflects the steadily strenghening Franco-Greek industrial ties, further reinforcing bilateral cooperation.
A growing cooperation with the Hellenic industry
Initiated in 2022 for the FDI for Hellenic Navy program, Naval Group’s robust Hellenic Industrial Participation (HIP) involves already more than 70 Greek companies. Beyond the FDI program, this industrial plan has already had numerous and lasting economic benefits for the Hellenic industry by making it possible to integrate Greek companies into Naval Group's supply chain for current and future French and export programs. From that broad perspective, the Hellenic Defence Industrial & Technological Base (DITB) will enhance its position in the global naval defence market.
METLEN continues to invest in the future of defence manufacturing, including the development of a six-plant defence industrial hub in Volos (M Technologies Defence Hub), further strengthening its role in supporting major European programmes. Through strategic investments, M Technologies contributes to enhancing strategic autonomy in defence for Greece and Europe, advancing reindustrialisation and critical technologies.
