Saudi Arabia, UAE Eye Fincantieri Submarine Acquisitions; Achille Fulfaro Comments

IngallsShipItalian shipbuilder Fincantieri plans to hold submarine acquisition talks with government customers in Saudi Arabia and the United Arab Emirates, Defense News reported Sunday.

Awad Mustafa writes Saudi Arabia also wants to purchase more than a dozen German-built Type 209 submarines worth $3.4 billion combined.

German newspaper Bild originally reported the details of that transaction.

Achille Fulfaro, Fincantieri Middle East naval executive and general manager of Etihad Ship Building, said the two countries will assess small- to medium-sized submarines, according to Defense News.

“With the experience of the Italian navy and with the existing cooperation with the UAE, we can create a program for the development of small submarines, ” Fulfaro said.

Fulfaro also said the potential order could be for submarines weighing between 300 and 1, 000 metric tons, according to the report.

Mustafa writes that Fincantieri plans to develop the fleet at the Abu Dhabi-based facilities of Etihad, a joint venture with Al Fattan Shipyard and Melara Middle East.

Check Also

GDLS

General Dynamics to Maintain Army Stryker Vehicles Under $428M Contract

General Dynamics' (NYSE: GD) land systems business has won a potential five-year, $428.2M contract to perform field-level maintenance work on the U.S. Army's Stryker combat vehicles.

Tahera Zamanzada Director Salesforce

Salesforce’s Tahera Zamanzada: Cloud Key to Enhancing Customer Experience, Advancing Digital Transformation

Tahera Zamanzada, director of digital strategy for the global public sector at Salesforce (NYSE: CRM), said the COVID-19 pandemic has prompted government agencies to advance digital transformation and deliver better customer service through the adoption of cloud platforms.