FARAD S.A. is proud to announce the signing of a new direct contract with Naval Group Hellas, Naval Group’s subsidiary in Greece, during the DEFEA 2025 (Defence Exhibition Athens).

This agreement marks an important milestone in the long-standing collaboration between FARAD S.A. and Naval Group, one of Europe’s foremost naval defence companies. 

The five-year agreement establishes FARAD S.A. as an official maintenance provider for the three new FDI (Frégate de Défense et d’Intervention) frigates of the Hellenic Navy. Under this contract, FARAD S.A. will deliver a broad range of technical maintenance services, covering multiple ship systems and equipment, to ensure the vessels’ continuous operational readiness and long-term performance.

During the signing, Benoit Chapalain, CEO of Naval Group Hellas, stated:
“We just signed our new direct contract with FARAD S.A. For us at Naval Group, it is absolutely logical to maintain and develop our ongoing cooperation with FARAD S.A., which is already involved in the construction of the FDI, and to further expand it in future projects of newbuildings and services. The involvement of FARAD S.A., through this new contract, in the forthcoming In-Service Support activities of the FDI is another significant illustration of Naval Group’s ambitious Hellenic Industrial Participation plan.”

Panagiotis Fanouriadis, Commercial Manager at FARAD S.A., added:
“This agreement is the result of a solid, long-standing relationship between FARAD S.A. and Naval Group and demonstrates our continued dedication to delivering top-tier engineering and maintenance solutions. It also underlines the important role Greek industry can play in supporting complex naval programmes. We take great pride in deepening our cooperation with Naval Group and contributing to the operational strength of the Hellenic Navy.”

FARAD S.A.will contribute its extensive expertise not only in the design and production of high-performance heat exchangers but also in delivering integrated maintenance and engineering services across multiple naval systems. 

The company remains committed to supporting the maritime and defence sectors through dependable service, innovation, and strategic industrial cooperation.