Leonardo JV Wins 3.7B Euro Warship Deal
Fincantieri and Leonardo have signed a 3.7 billion euro contract to build two destroyers for the Italian Navy. The joint venture will deliver the advanced vessels in 2033 and 2035.
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LEONARDO SPA and FINCANTIERI SPA secured a €3.7 billion ($4.21 billion) contract on Thursday afternoon for two new-generation destroyers for the Italy navy. The deal reinforces domestic defense manufacturing through a joint venture, supplying advanced naval platforms to counter modern maritime threats. The contract bolsters order books for both Italian defense contractors over the next decade.
