South Korea has put forward three key defense cooperation proposals to Greece, aiming to secure a place in the European Commission’s 800-billion-euro ($938.1 billion) rearmament initiative. The package covers submarine development, manned-unmanned teaming (MUM-T) systems, and tactical vehicle production, all in line with Greece’s long-term modernization plans. Greek authorities have confirmed the proposals match their defense priorities and will undergo further negotiations.
The first offer involves Hanwha Ocean assisting the Hellenic Navy in building new submarines and upgrading its Type 214 Papanikolis-class vessels. At least a quarter of the project would be completed in Greek shipyards, boosting local industry. Hanwha, already a supplier of three Type 214 submarines to Greece, is also behind the KSS-III ballistic missile submarine.
The second proposal comes from Korea Aerospace Industries, offering to produce MUM-T “Loyal Wingman” systems in Greece. These pair autonomous drones with piloted jets for enhanced mission coordination. The technology is being integrated into South Korea’s KF-21 Boramae fighter program, and Greek involvement could include domestic production and Hellenic Air Force integration.
Lastly, South Korea has proposed co-producing new combat vehicles to replace aging Greek Army platforms. This would improve ground mobility while creating manufacturing opportunities within Greece. The initiatives are tied to the EU’s rearmament program, designed to boost European defense capacity, support Ukraine, and strengthen allied forces amid global uncertainties.
