Fincantieri

Fincantieri Buys Torpedo Firm WASS, Eyes $100 Billion Undersea-Defence Market

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...

Fincantieri, Leonardo Team Up to Work on Underwater Drones

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...

Fincantieri and Naval Group Sign a Joint Venture Agreement the “Poseidon” Project Takes Shape

  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...
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