Fincantieri signs Australian participant services contract

September 2nd, 2016 – Fincantieri has signed a contract with the Australian Government to participate in the Competitive Evaluation Process, conducted by the Department of Defence, to deliver 9 Future Frigates - to be built in Adelaide, South Australia - for the Royal Australian Navy (RAN) under the SEA 5000 programme. Fincantieri is one of three shipbuilders short-listed by the Capability Acquisition and Sustainment Group (CASG), part of the Department of Defence, to participate in the evaluation and selection process, which will last about one year. Similar agreements were signed also by Navantia and BAE Systems.

Fincantieri is offering its Italian FREMM Frigate (ASW, Anti-submarine warfare version), which is currently in service and being built for the Italian Navy (see below). Giuseppe Bono, CEO of Fincantieri, commented: “We are fully committed to this programme, which represents one of the most important naval surface shipbuilding projects in the world.

This is the first ever contract signed by Fincantieri with the Australian Department of Defence and we are very excited by the opportunity to participate in the evaluation process and to propose the very best of the Italian shipbuilding design and construction. We hope that this will be only the first step in this important programme, in which our company would be able to put its wealth of experience, know-how, capabilities and transfer of technology at the service of the Australian Government and its Navy”.