Rome: Italian state shipyard Fincantieri has completed the purchase of Italian torpedo firm WASS for a price that could reach €415 million ($428 million) as it strengthens its undersea activity.
Fincantieri started talks last year...
Rome: Leading Italian companies Fincantieri and Leonardo are to work together on underwater drones designed to protect cables and pipelines on the seabed amid a growing awareness of the value and vulnerability of sub-sea...
Following the announcement made on October 23, 2018, Fincantieri and Naval Group signed the Alliance Cooperation Agreement, which sets out the operational terms for the incorporation of a 50/50 owned joint venture.
The agreement, which...