New contract for Fincantieri: Italian Navy orders two new Multipurpose Combat Ships
Italy, June 26 -- Fincantieri strengthens its strategic role in the Italian Navy's fleet renewal program with a new contract for the construction of two PPA- Multipurpose Combat Ships, set to replace the vessels previously earmarked for the Indonesian Navy.The contract extension, originally launched under the most recent "Naval Act," is managed by OCCAR (Organisation Conjointe de Cooperation en matiere d'Armement) within the Temporary Business Grouping (RTI) formed by Fincantieri, as lead contractor, and Leonardo, as partner. For Fincantieri, the value of the contract for the two new units is approximately 700 million euros, which includes works already carried out on the previous units now destined for Indonesia.The two new PPA-Multipurpos...
To read the full article or to get the complete feed from this publication, please
Contact Us.