Fincantieri, one of the world’s largest shipbuilding groups and reference player in the naval shipbuilding industry, and Finmeccanica, Italy’s leading manufacturer in the high technology sector, have been awarded the contract for the construction and equipment of one multipurpose amphibious unit (LHD) for the Italian Navy, the company said in its press release.
The total value of the contract is over 1.1 billion euros, with Fincantieri’s share amounting to approx. 853 million euros and Finmeccanica's to about 273 million euros. The delivery of the unit is scheduled in 2022.
The contract with the consortium (Raggruppamento Temporaneo di Impresa – RTI), consisting of Fincantieri, agent, and Finmeccanica, through its subsidiary Selex ES, principal, was signed on behalf of the Ministry of Defence by the Central Unit for Naval Armament (NAVARM) of the General Secretariat.
The consortium (RTI) was established in accordance with the tight cooperation agreement in the field of naval vessels construction signed between Fincantieri and Finmeccanica last October. Pursuant to the agreement, Fincantieri acts as a sole interface to the client, while at the same time allowing to enhance Finmeccanica’s products range in the naval field and the technical and commercial synergies between the two largest national groups in the naval field.
In general, this multi-year programme for the renewal of the Navy’s fleet (known as the “Defence Act”) employs a total funding of 5.4 billion euros and, in addition to the aforementioned LHD unit, foresees the construction of six patrol vessels, with four more in option, and one logistic support unit.