A new contract with Naval Group, for the manufacturing and supply of additional torpedo tubes for the international naval programs of the French group, has been signed by METLEN, through M Technologies. This new assignment expands an active industrial cooperation and strengthens the participation of Greek production in the global supply chain of the naval defense industry.
The agreement concerns the international activity of Naval Group. Its significance lies in the assignment of additional manufacturing work to Greece, based on the expertise, productive adequacy, and international competitiveness of M Technologies. Its repeated selection by Naval Group constitutes practical recognition of METLEN's reliability as an international industrial partner. Production will take place in Greece, utilizing the specialized industrial infrastructure of M Technologies and its expertise in complex metal structures, certified welds, and high-precision manufacturing for critical naval systems. This new assignment confirms the company's ability to meet the high technical, qualitative, and production requirements of a leading international shipbuilding group.
The new contract is a continuation of the Memorandum of Understanding signed by the two companies on March 19, 2026, at the facilities of M Technologies in Volos. The memorandum set the framework for expanding cooperation in surface ship and submarine programs for international markets. The assignment of the additional torpedo tubes follows up on this framework with a specific production object, creating conditions for further cooperation in future naval programs. At the same time, the agreement enhances domestic added value and the export orientation of the Greek defense industry. It contributes to the maintenance of specialized jobs, the development of expertise, and the integration of Greek production capabilities into international value chains. METLEN has already developed industrial cooperation with Naval Group for the manufacturing of specialized components and systems for FDI frigates.
In February 2026, it announced the successful delivery of two complex platform systems for an FDI frigate of the French Navy. This was followed by the signing of the Memorandum of Understanding in Volos, with the new contract for manufacturing torpedo tubes acting as a continuation of this collaboration.
www.bankingnews.gr
Readers’ Comments