Italy, April 17 -- Fincantieri and Thyssenkrupp Marine Systems signed an Industrial Cooperation Agreement to provide the Philippine Navy with U212 NFS class submarines, according to the company's release.The agreement is part of the Philippine Navy's Horizon III military modernization initiative, which seeks to enhance archipelagic defense through the acquisition of advanced weapon systems, particularly submarines, to secure territorial waters, including the South China Sea. The collaboration combines the expertise of Fincantieri, which is currently building U212 NFS submarines for the Italian Navy, and Thyssenkrupp Marine Systems, which supplies key technologies and components.The partnership aims to deliver an efficient and competitive su...