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European Patrol Corvette

PESCO project developing a next-generation European patrol corvette.

The European Patrol Corvette is a PESCO project adopted in 2019 to develop a new class of modular naval surface combatants for European navies. Led by Italy, France, Spain and Greece, the programme is co-funded by the European Defence Fund with €60M for the first phase and €154.5M for the second phase, involving Fincantieri, Naval Group, and Navantia.

Program detail

Agency
PESCO / OCCAR
Acronym
EPC
Budget
€87M (Phase 1) + €288M (Phase 2)
Phase
Development
Domain
Maritime

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Frequently asked

What is European Patrol Corvette?
The European Patrol Corvette is a PESCO project adopted in 2019 to develop a new class of modular naval surface combatants for European navies. Led by Italy, France, Spain and Greece, the programme is co-funded by the European Defence Fund with €60M for the first phase and €154.5M for the second phase, involving Fincantieri, Naval Group, and Navantia.
Which agency runs European Patrol Corvette?
European Patrol Corvette is run by PESCO / OCCAR and is also known as EPC.
What is the budget for European Patrol Corvette?
European Patrol Corvette has a budget of €87M (Phase 1) + €288M (Phase 2), currently in its Development phase.

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Sources & citations1

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  1. 1

    First phase valued at €87 million with €60 million EU contribution; second phase EDF budget of €154.5 million

    European Patrol Corvette: Launching of the first phase of the EPC project
    Reported2023-10-24