RTX Raytheon advances with the development of new Barracuda mine neutraliser
The new Barracuda version has been engineered to perform enhanced subsea and seabed warfare missions.
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
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