Fincantieri and TKMS partner for Philippine submarine bid
The design for the U212 NFS submarine. (Image: Fincantieri)
The companies have banded together to promote the Fincantieri U212 NFS offering, and hinted that the collaboration may not be a one-bid phenomenon.
Fincantieri and ThyssenKrupp Marine Systems (TKMS) have signed an Industrial Collaboration Agreement (ICA) to bid for a contract for submarines required by the Philippine Navy.
The Philippine Navy has been looking to acquire at least two diesel-electric submarines since 2015 as a priority, as the country has no submarines in its fleet as yet.
The acquisition is scheduled as part of the Horizon 3 modernisation programme, which is set to run from 2023 to 2028, and the Philippine Navy reportedly has US$1.8 billion to spend on the right vessels.
Both Fincantieri and TKMS were already in the bidding process
Our news & analysis is now part of Defence Insight®
A Basic-level or higher Defence Insight subscription is now required to view this content.
You may also like
More from Naval Warfare
-
![US Navy expands non-standard acquisitions to rapidly field emerging technologies]()
US Navy expands non-standard acquisitions to rapidly field emerging technologies
The US Navy is increasing the use of OTA obligations to accelerate the procurement of seabed-subsea, littoral, expeditionary and uncrewed solutions.
-
![Can Portugal solve NATO’s uncrewed systems development challenge?]()
Can Portugal solve NATO’s uncrewed systems development challenge?
NATO has spent more than a decade building one of the world’s most sophisticated maritime uncrewed experimentation ecosystems, but still lacks a way to translate this testing into alliance-wide operational capability. Portugal now believes it has the answer.
-
![Eurosatory 2026: Schiebel’s frigate-first strategy indicates a shift in UAV competition]()
Eurosatory 2026: Schiebel’s frigate-first strategy indicates a shift in UAV competition
Schiebel is pursuing opportunities in the UK and France while leveraging its integration with Naval Group’s FDI frigate programme to create new naval business across Europe.
-
![Eurosatory 2026: Red Cat eyes South American market for USV-led EEZ surveillance]()
Eurosatory 2026: Red Cat eyes South American market for USV-led EEZ surveillance
Success with the US Army’s Black Widow programme may have strengthened Red Cat’s international position, but executives believe the next growth opportunity lies in uncrewed surface vessels.
-
![How Canada plans to use the River-class programme to revitalise its defence industry]()
How Canada plans to use the River-class programme to revitalise its defence industry
The Canadian DND estimates that the construction of destroyers will annually inject C$720 million (US$515 million) into the country’s GDP.
-
![The FDI frigate: a growing success story with more opportunities to come]()
The FDI frigate: a growing success story with more opportunities to come
Designed as a multi-role frigate with both anti-submarine and air defence capabilities, Naval Group’s medium-sized FDI frigate increasingly stands out as a success story in an industry wrought with delays.
