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  3. Fincantieri won a contract worth $1.3 billion from the U.S. Navy
Fincantieri won a contract worth $1.3 billion from the U.S. Navy

Fincantieri won a contract worth $1.3 billion from the U.S. Navy

The order is part of a multi-billion contract awarded to a consortium led by defense group Lockheed Martin as part of U.S. foreign military sales program, Fincantieri announced with a statement.

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The Multi-Mission Surface Combatant is a lethal and highly-maneuverable, multimission surface combatant, which features the flexibility of the Freedom-variant LCS steel mono-hull, built by the same team for the US Navy (nine LCS vessels have been delivered and there are currently seven ships in various stages of construction), an increased range of 5,000 nautical miles and speeds in excess of 30 knots, making it capable of littoral and open ocean operation, and able to confront modern maritime and economic security threats, the builder said.

Chief Executive Giuseppe Bono said the contract helped Fincantieri “to consolidate an unparalleled reputation also in the U.S. market, known to be very complex.”

Lockheed Martin and FMM, along with other suppliers, are already cooperating in the U.S. Navy’s ‘Littoral Combat Ship’ program, Fincantieri’s statement said.

Maritime Business World 

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