U.S. Government Awards Lockheed Martin Contract to Begin Production of Multi-Mission Surface Combatant for Kingdom of Saudi Arabia

The U.S. government awarded Lockheed Martin (NYSE: LMT) an Undefinitized Contract Action (UCA) award for the production of the Multi-Mission Surface Combatant for the Kingdom of Saudi Arabia. Lockheed Martin is being awarded a contract totaling $450 million to begin the detailed design and planning for construction of four Multi-Mission Surface Combatants (MMSC) that will be built at Fincantieri Marinette Marine shipyard in Marinette, Wisconsin. The Kingdom of Saudi Arabia (KSA) will acquire four Multi-Mission Surface Combatants as part of a larger agreement between the United States and KSA to…

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VARD to Build Three Ships for Norwegian Coast Guard

Fincantieri’s subsidiary Vard Holdings Limited, one of the major global designers and shipbuilders of specialized vessels, has announced that it has signed a new contract for the construction of three coast guard vessels for the Norwegian Defence Materiel Agency (“NDMA”), the agency directly subordinate to the Royal Norwegian Ministry of Defence whose main task is to develop and modernize the Norwegian Armed forces. The value of the contract exceeds 5 billion Norwegian crowns, equal to about 550 million euro. The effectiveness of the contract is subject to certain conditions being…

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Future USS Sioux City (LCS 11) Completes Acceptance Trial

The future USS Sioux City (LCS 11) concluded its Acceptance Trial May 25 after completing a series of graded in-port and underway demonstrations on the Great Lakes for the Navy’s Board of Inspection and Survey. The acceptance trial is the last significant milestone before delivery of the ship to the Navy. During the trial, the Navy conducted comprehensive tests of the Littoral Combat Ship (LCS) intended to demonstrate the performance of the propulsion plant, ship handling and auxiliary systems. “The successful completion of this Acceptance Trial is an important step…

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Littoral Combat Ship 11 (Sioux City) Completes Acceptance Trials

Littoral Combat Ship (LCS) 11, the future USS SIOUX CITY, completed Acceptance Trials in the waters of Lake Michigan. LCS 11 is the sixth Freedom-variant LCS designed and built by the Lockheed Martin-led industry team, and is slated for delivery to the U.S. Navy later this summer. “LCS 11’s completion of Acceptance Trials means this ship is one step closer to joining the fleet and conducting critical maritime operations for the Navy,” said Joe DePietro, vice president, Small Combatants and Ship Systems at Lockheed Martin. “This ship is agile, powerful…

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Italian Prototype Competitor for U.S. Navy’s FFG(X) Frigate Program Makes Landfall in Norfolk

TS Alpino, a Fincantieri-built frigate sailing under the Italian flag, made landfall in Norfolk. The ITS Alpino, a FREMM-class frigate, is a model of the ship the U.S. Navy is considering for the FFG(X) future frigate program. FREMM frigates are the only ships in the competition that have been proven in combat, having helped to destroy a Syrian chemical weapons facility in April. “The ITS Alpino demonstrates the proven versatility and capability of the FREMM class frigate,” said Vice Admiral Richard Hunt (Ret.), Fincantieri Marinette Marine’s Chief Strategy Officer. “It…

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Fincantieri Delivers FREMM Federico Martinengo

Google translation The frigate “Federico Martinengo” was delivered April 24th to the Italian Navy at Fincantieri’s shipyard in Muggiano (La Spezia). It is the seventh of a series of 10 FREMM vessels of the FREMM program – Multi Mission European Frigates – commissioned to Fincantieri as part of the international Italian-French program, coordinated by OCCAR (the Organization for Joint Armament Cooperation). Orizzonte Sistemi Navali (51% Fincantieri and 49% Leonardo) is the prime contractor for Italy in the FREMM program, which envisions the construction of 10 units, all already ordered. “Federico…

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Navy Lays Keel on Future Littoral Combat Ship Minneapolis-Saint Paul (LCS 21)

The U.S. Navy held a keel laying and authentication ceremony for the future USS Minneapolis-Saint Paul (LCS 21) in Marinette, Feb. 22. The initials of the ship’s sponsor, Jodi Greene, were welded onto a keel plate that will be permanently affixed to the ship. While the keel laying has traditionally represented the formal start of a ship’s construction, advanced modular shipbuilding allows fabrication of the ship to begin months in advance. Today, the keel laying continues to symbolically recognize the joining of the ship’s components and the ceremonial beginning of…

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Fincantieri Acquire 50% Share of STX France

FINCANTIERI S.p.A., through its subsidiary Fincantieri Europe S.p.A., entered into a purchase agreement for the acquisition of 50% of the share capital of STX France from the French State, represented by the Agence des Participations de l’Etat (APE) on February 2, 2018. The signing takes place after the resolution of the share purchase agreement previously signed between Fincantieri and STX Europe on May 19, 2017 as a consequence of the exercise by the French State of its pre-emption right for the acquisition of the entirety of STX France share capital…

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Fincantieri Announces Plan to Adapt FREMM Frigate for U.S. Navy

Fincantieri Marine Group announced further details on its plans to adapt its “Best‐in‐Class” FREMM frigate, already in service for the Italian Navy since 2012, to design the U.S. Navy’s new guided‐missile frigate, FFG(X). FINCANTIERI will lead an experienced industry team, including Gibbs & Cox and Trident Maritime Systems, to design and build these multi‐mission ships capable of conducting anti‐surface, anti‐submarine, and electronic warfare and air defense operations. As design partners, Gibbs & Cox, will leverage their experience modifying proven hull, mechanical and electrical systems to U.S. Navy standards. Trident Maritime…

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Fincantieri Completes Refit of AFM 61

Fincantieri delivered Offshore Patrol Vessel P61 to the Armed Forces of Malta, following upgrading activities carried out at the Group’s drydocking facility within the Port of Genoa. The aim of the works, which lasted about 6 months, was to improve the reaction capability of the vessel. The upgrade included the installation of a new main propulsion plant, other machinery and equipment as well as the overhaul of most of the ship’s on board systems. Offshore Patrol Vessel P61 is over 53 meters long and was built and delivered by Fincantieri’s…

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Fincantieri Delivers Last Two OPVs for Bangladesh Coast Guard

On October 12th, Fincantieri delivered the last two of four Offshore Patrol Vessels (OPV) in Muggiano (La Spezia) to the Bangladesh Coast Guard (BCG). This was through the upgrading and conversion of the “Minerva” class corvettes, decommissioned by the Italian Navy. These are the “Urania” and “Danaide” vessels, renamed “KARAMUZZAMAN” and “MANSOOR ALI”, which have been retired from the national fleet in March 2016 and shortly after arrived at Fincantieri’s dock in Genova, where the upgrading and conversion activities started. The units have been completed at the Integrated naval shipyard…

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Lockheed Martin and Fincantieri Marinette Marine Awarded Contract to Build LCS 27

The U.S. Navy awarded the Lockheed Martin and Fincantieri Marinette Marine team a contract to build an additional LCS. The contract value is under the 2017 congressional cost cap of $584 million per ship. LCS 27 will be built at Fincantieri Marinette Marine, the Midwest’s only naval shipyard, and is the 14th Freedom-variant LCS ordered by the U.S. Navy to date. “We are excited to continue our partnership with the U.S. Navy to build and deliver these capable ships to the fleet,” said Joe DePietro, vice president of small surface…

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Launch of a French-Italian roadmap to strengthen naval defence cooperation

September 27, 2017 – Naval Group and Fincantieri welcome today’s decision of the French and Italian governments to launch a joint process paving the way for the future creation of a progressive alliance in the naval defense sector. The two groups will play a key role in the steering committee that will be launched within the next few days with the objective to define by June 2018 a roadmap detailing the principles of the future alliance. Furthermore, the agreement reached today by the two Governments on the shareholding structure of…

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Philly Shipyard Member of USCG Heavy Polar Icebreaker Design Team

April 6, 2017 – Philly Shipyard is teaming with Fincantieri Marine Group (FMG) to compete for the detail design and construction of the next generation heavy polar icebreaker for the United States Coast Guard (USCG).  The USCG recently selected five shipyards to each conduct an industry study to help refine the vessel’s key features and performance requirements. Over the next year, FMG and Philly Shipyard, along with the naval architecture and marine engineering firm, VARD, will develop a baseline icebreaker design, cost estimate and project schedule and then refine them…

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