European procurement agency signs deal to progress the first phase of the European Patrol Corvette project
A major step has been taken in the EPC programme. (Image: Naviris)
The first phase of the EPC project has commenced project with signature of MMPC contract between Organisation for Joint Armament Cooperation (OCCAR) and partner countries and their industrial groupings.
The consortium of Fincantieri (Italy), Naval Group (France), Navantia (Spain) and other beneficiaries from Greece, Denmark and Norway was coordinated by Navris, an alliance of Fincantieri and Naval Group.
The overall value of this first phase is €87 million (US$97 million) and €60 million will be funded by the European Commission in the form of grants while the remaining €27 million will be funded by the member states of Italy, France, Spain, Denmark, Greece and Norway.
The contract will provide for the initial design of EPC will include at first two main versions: the Long Range Multipurpose and the Full Combat Multipurpose.
A statement from the companies described the programme as ‘representing a step forward in the European defence cooperation [that] will strongly contribute to the European sovereignty in the second line vessels domain [by] increasing efficiency and lowering delays to go from the military need to the delivery to Navies.’
Related Programmes in Defence Insight
European Patrol Corvette (EPC)/Buques de Protección Marítima (BPM) [Spain]
More from Naval Warfare
-
France’s naval modernisation drives opportunities for European defence industry
Ahead of Euronaval 2026, major submarine, frigate and aircraft carrier programmes are driving investment, while future corvette replacements and growing interest in uncrewed vessels offer further opportunities for industry into the 2030s and beyond.
-
Canada assesses security equipment changes for Polar Icebreaker Imnaryuaq
The Canadian Department of National Defence is evaluating communications and reconnaissance changes for CCGS Imnaryuaq’s expanded maritime security role, while retaining its 2032 acceptance target.
-
All eyes on Royal Navy’s Type 93 market engagement as industry prepares bids
Responses are due by 29 October as the Royal Navy tests the market, with BAE Systems’ Herne and MSubs’ Excalibur setting up a contest where payloads may decide the winner.