ONEX Shipyards and Technologies president Panos Xenokostas outlined a roadmap for the revival of Greece’s shipbuilding industry, including a timetable for the construction of submarines entirely in Greece, speaking at the “Greece 2030” conference during a panel on national defence and the defence industry attended by Defence Minister Nikos Dendias.Referring to Project Trident – a 1.35 billion euro trilateral initiative involving Greece, the United States and South Korea – Xenokostas said the project was “not a business proposal, nor a plan on paper,” but “a vote of confidence in the West, Western shipyards, Greece and Greek industry.”The programme is structured in three phases with a clear defence focus: support services for the U.S. Sixth Fleet and allied naval forces (Phase I – 150 million euros), dual-use infrastructure and strategic mobility projects (Phase II – 200 million euros), and submarine construction using robotic production lines (Phase III – 1 billion euros).Xenokostas also highlighted the introduction of a 25% domestic participation requirement in defence procurement programmes, describing the measure as a major reform by the Defence Ministry.Submarines built in GreeceXenokostas underlined that if a submarine construction programme were signed today, the Hellenic Navy could receive its first submarine built entirely in Greece in eight years.The model, he said, combines Greek industrial expertise, South Korean shipbuilding technology and U.S. defence systems. “We are closing a 30-year gap,” Xenokostas said, adding that the vertically integrated production model would allow the navy to closely monitor every stage of construction.From consumer to producerXenokostas reiterated what he described as a core principle: “National security cannot be bought or imported. It must be built at home.”He argued that Greece, despite having Europe’s longest coastline, sitting at the crossroads of major geopolitical fault lines and hosting critical energy corridors, has yet to fully leverage its strategic position.“Europe must stop viewing Greece as a consumer and start treating it as a producer and exporter,” he stressed.