Onex expands its footprint in the defense sector, as it prepares a new ship production line in collaboration with Fincantieri. Through the said partnership, Elefsis Shipyards will be able to take on more projects from the Navy, while, according to information from BnB Daily, the company is targeting other countries as well, with the ultimate goal of turning the new production line into a highly recognized one in the Eastern Mediterranean.
DEFENSE SECTOR
The collaboration with Fincantieri is crucial, as it is estimated that the defense sector will experience significant growth and lead to an increase in revenues. Beyond the programs with corvettes, Onex and the Italian company are expanding their collaboration on shipbuilding programs related to cutting-edge technology and innovation.
NEW FRIGATES
According to the same information, a proposal is expected to be made to our country to take part in new shipbuilding programs for US Navy frigates, while similar certifications are expected for Elefsis Shipyards to participate in similar programs. These new projects include maintenance, repair, and general overhaul.