Detail design work has now kicked off on the FFG(X) guided-missile frigate program after the Navy received no protests over its decision to award the potential 15-year, $5.6B design and construction contract to a Wisconsin-based subsidiary of Fincantieri, USNI News reported Wednesday.

Ryan Smith, a defense industry veteran, has been named CEO of Fincantieri’s marine systems business for North America.

A Wisconsin-based subsidiary of Fincantieri has won a potential 15-year, $5.6B contract from the U.S. Navy to design and build up to 10 FFG(X) guided-missile frigates. Naval Sea Systems Command received four offers for the fixed-price incentive contract, which has a base value of $795.1M and covers engineering and class services, post-delivery availability support, training equipment, crew familiarization and provisioned item orders, the Department of Defense said Thursday.

Fincantieri‘s North American subsidiary has received a potential $86.3 million contract to support maintenance of main propulsion diesel engine and diesel generator on the U.S. Navy‘s Mine Countermeasure-1 class ships. The multiple award, firm-fixed-price, indefinite-delivery/indefinite-quantity contract has a $15.7 million initial value and the base period will run through January 2018, the Defense Department …

TYSONS CORNER, VA, April 20, 2016 — BAE Systems, Fincantieri or Navantia has the potential to produce new frigates for the Australian navy under a $27 billion program, ExecutiveBiz reported Tuesday. Defense News reported Monday the Australian defense ministry will choose from the three companies to begin work on the frigates in …

Italian 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 …

Six companies have won two-year contracts worth potentially $59.5M combined to six companies to conduct studies for the U.S. Navy's large unmanned surface vessel development program.

The U.S. Navy is set to award an initial $1.2B contract for the contruction of its next-generation small multimission frigate in an initiative to accelerate a shipbuilding program that was supposed to commence later this year, Breaking Defense reported Tuesday.

The U.S. Navy plans to award in July a contract to design and build its first next-generation frigate, Defense News reported Tuesday. The competitors for the FFG(X) program are Huntington Ingalls Industries (NYSE: HII); Austal USA; Fincantieri; and the team of General Dynamics’ (NYSE: GD) Bath Iron Works subsidiary and Navantia.

Lockheed Martin (NYSE: LMT) has won a potential $124.9M contract to integrate and test a combat system on guided missile frigate vessels for the U.S. Navy. The service branch received three offers for the cost-plus-incentive-fee, cost-plus-fixed-fee, firm-fixed-price contract via FedBizOpps, the Department of Defense said Monday.