Fincantieri targets profit growth through defence focus and underwater expansion
The Italian shipbuilder plans to double its core profit by 2030 as it shifts focus toward the defence sector. It also aims to expand its underwater business and increase its global revenue.
Insights:
Fincantieri S.p.A. announced a new defence-centred multi-year strategy today, February 12, 2026, pledging to double its core profit to 1.25 billion euros by 2030. The strategic realignment is intended to materially increase revenue and profit margins by capitalizing on rising demand within the European defence sector and fulfilling new contracts already arriving this year.
The plan sets out a projected revenue increase of approximately 40 percent through 2030, with a long-term target to reach 18 billion euros by 2035. Alongside these long-term goals, the company has revised upward its near-term guidance for 2025, specifically raising targets for both profit margins and net profit. This financial outlook is underpinned by a significant expansion of production capabilities and a focus on high-growth maritime segments.
