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 …

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.

TYSONS CORNER, VA, July 2, 2018 — Lockheed Martin (NYSE: LMT) and its shipbuilding partners have hosted U.S. Navy Secretary Richard Spencer on a tour around the Wisconsin shipyard where the team builds Freedom-variant littoral combat ships for the service branch, ExecutiveBiz reported Friday. Spencer visited the Fincantieri Marinette Marine shipyard to …

TYSONS CORNER, VA, April 17, 2018 — An industry team led by Lockheed Martin (NYSE: LMT) has hosted the christening ceremony for the U.S. Navy’s 17th Littoral Combat Ship at a shipyard in Marinette, Wisconsin, ExecutiveBiz reported Monday. The company said Saturday the future USS Indianapolis ship will continue to undergo …

Deputy Under Secretary of the Navy for Policy Jodi J. Greene and members of Lockheed Martin, the U.S. Navy and Fincantieri Marinette Marine come together to lay the keel for LCS 21, the future USS Minneapolis-Saint Paul.

The U.S. Navy has awarded five companies separate contracts to provide a conceptual design of the service’s future guided missile frigate. The Naval Sea Systems Command received six proposals for the firm-fixed-price contracts as part of the FFG(X) ship program, the Defense Department said Friday. NAVSEA selected Austal‘s U.S. subsidiary, Fincantieri …

Australia’s defense ministry has issued requests for tender on a $26.7 billion frigate shipbuilding program to down-selected offerors BAE Sytems, Fincantieri and Navantia. The ministry said Friday it seeks to procure nine warships that will conduct maritime warfare operations, such as anti-submarine missions, under the Future Frigate project. “The three shortlisted designers must demonstrate and develop an …