Frigate Sale to Greece Turns Italy’s Active Warships into Fast Cash

The national armaments directors of Italy and Greece signed a preliminary agreement on Monday for the sale of the Bergamini – a general purpose FREMM – and the Fasan – an anti-submarine variant. Both were originally under construction for the Italian navy, representing a strategic move to generate revenue by offloading existing assets. This deal further solidifies Italy’s position as a key player in the international naval defense market, with the country leveraging its expertise in shipbuilding to capitalize on global demand. The sale of these warships showcases Italy’s ability to adapt and innovate, maximizing resources and finding new avenues for growth amidst changing geopolitical dynamics. As Italy continues to navigate a shifting defense landscape, such transactions highlight the country’s agility and proactive approach to enhancing its military capabilities.