South Korea has presented Greece with three major defense cooperation proposals to secure its position in the European Commission’s 800-billion-euro ($938.1 billion) rearmament program.
Seoul’s pitch to Athens encompasses collaborative submarine construction, advanced manned-unmanned teaming systems, and tactical vehicle production, aligning with the NATO member’s own long-term modernization framework.
Greek officials verified that all three proposals align with national defense priorities and require further negotiations to explore potential agreements, Greek news agency Ekathimerini reported.
The first proposal includes Geoje-si-based shipbuilder Hanwha Ocean to assist the Hellenic Navy in developing new underwater vessels and the overhaul of its Type 214 Papanikolis-class fleet.
The plan calls for at least 25 percent of the work to be completed by the local defense industry in Greek shipyards.
Hanwha has already delivered three Type 214 submarines to Greece and is developing the KSS-III (Dosan Ahn Changho class), designed to carry ballistic missiles.
Recognizing South Korea’s proven submarine manufacturing expertise, Greek defense officials have requested detailed co-production and modernization terms, signaling strong interest in bringing this advanced capability to indigenous shipyards.
Meanwhile, state-backed Korea Aerospace Industries has offered to build MUM-T “Loyal Wingman” systems in Greece, technology that teams autonomous combat drones with piloted fighter jets for coordinated missions, enhanced firepower, and sustained communications in airspace.
The company is now integrating the concept into the Republic of Korea Air Force’s KF-21 Boramae next-generation fighter jet program, set to be commissioned through the 2030s.
If approved, Greece’s participation would involve domestic production capabilities and potential integration with Hellenic Air Force units.
The third offer involves supplying and jointly producing new combat vehicles to replace the aging platforms used by the Hellenic Army.
The proposal would modernize Greece’s ground mobility and, similar to the other proposals, create in-country manufacturing opportunities.
Athens has expressed interest in launching this program structure, depending on the Mediterranean state’s future national budget allocations.
The European Commission’s billion-dollar rearmament program, revealed by EU chief Ursula von der Leyen in March, aims to loosen budget rules, offer union-backed loans, redirect existing funds, and boost investment to bolster allied forces in the region.
It also aims to support the defense industry and accelerate the delivery of military equipment to Ukraine amid its war with Russia, as US commitment to the conflict has grown uncertain.
© 2025, GDC. © GDC and www.globaldefensecorp.com. Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to www.globaldefensecorp.com with appropriate and specific direction to the original content.
