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On 24th October 2023, with a ceremony held at OCCAR premises in Rome, OCCAR (Organisation for Joint Armament Cooperation) has signed with a Consortium...
The overall value of this first phase is 87 M€ and is strongly supported by the European Commission through the European Defence Fund
First phase of European Patrol Corvette (EPC) project kicks off
Phase 1 of the Modular and Multirole Patrol Corvette contract has been launched by OCCAR, ushering in new European naval capabilities.
A total budget of €87 million ($92 million) has been allocated for the project’s first phase, split between €60 ($63 million) in European Commission (EC) grants and €27 million ($28 million) from member states Italy, France, Spain, Denmark, Greece and Norway.