Fincantieri’s week in the spotlight
Events of the past week have proved a mixed bag for Fincantieri after its thwarted attempt to purchase shipbuilder STX France and successful conclusion of a €5 billion deal for the construction of naval ships for Qatar.
The two deals, unconnected as they are, have been played out in public as Italy’s diplomatic sector moved into action to trumpet the success of one deal while attempting to play down a potential European defence industry crisis with the other.
On 2 August at a meeting between Qatar’s foreign minister, Mohammed bin Abdulrahman al Thani, and Angelino Alfano, Italian minister of foreign
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
More from Naval Warfare
-
US turns to allies to tackle navy shipbuilding backlog
A White House memorandum acknowledges US Navy shipbuilding backlogs and a weakened industrial base, opening a formal path for South Korean and Japanese yards to help rebuild capacity.
-
US Navy’s $275 billion BBGN plan hinges on shipyard transformation
The US Navy’s planned nuclear-powered warship carries a US$275 billion price tag, but the greater story lies in the industrial overhaul needed to build it, from AI-enabled design to digital twins and modular construction.
-
Industry sees opportunity in Australia’s shift to networked undersea warfare
Australia’s new defence innovation strategy indicates a shift from platform-centric to network-centric undersea warfare, with Ocius and Anduril Industries pointing to fast-growing opportunities for local industry.