24
Sun, May

Greece Deepens Push to Tie Defense Procurement to Domestic Industry

Greece Deepens Push to Tie Defense Procurement to Domestic Industry

Hellenic Shipping News

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Greece’s effort to link new defense procurement programs with its domestic defense industry is rapidly emerging as one of the country’s most significant business bets in the coming years, as both Greek and international groups compete for positions in multibillion-euro projects.

Defense Minister Nikos Dendias has repeatedly stressed that every major new procurement contract should include substantial Greek participation, not only in production but also in technical support and long-term maintenance of systems.

He has also underlined that the domestic defense ecosystem could secure projects exceeding 10 billion euros through new European defense initiatives and the rise in military spending across Europe. At the center of government planning is a target of at least 25% Greek industrial participation in new programs, a provision that is gradually reshaping procurement practices.

According to market participants, as reported by the Athens Macedonian News Agency (AMNA), this marks a shift away from the traditional logic of offset agreements toward a model based on real production, co-production, know-how transfer, and lifecycle support.

The strategy spans a wide

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