France and Italy agree on naval cooperation
Following recent tensions between France and Italy, the two governments have launched a joint roadmap to strengthen future naval defence cooperation and sealing the future of the STX France Shipyard.
The cooperative process, announced on 27 September following the French-Italian summit, paves the way for closer relations between the two nations in the naval defence sector.
A ‘balanced agreement’ has been reached by the governments on the shareholding structure of STX France that will involve both Naval Group and Fincantieri gaining equal shares in the shipyard.
Naval Group and Fincantieri welcomed the decision to create a progressive alliance and will
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Naval Warfare
-
![Exercise Freezing Winds brings navies together to ease Finland into NATO]()
Exercise Freezing Winds brings navies together to ease Finland into NATO
The nine-day exercise off the Finnish coast was intended to boost interoperability in challenging weather conditions.
-
![BAE Systems thinks littorally with new ship designs]()
BAE Systems thinks littorally with new ship designs
The shape of littoral combat is evolving, but will the Littoral Strike Craft from BAE Systems meet the needs of navies?
-
![Swedish Navy boosts submarine fleet navigation with ECPINS deal]()
Swedish Navy boosts submarine fleet navigation with ECPINS deal
The agreement between OSI Maritime Systems and the Royal Swedish Navy covers the nation’s entire underwater fleet.
-
![US Navy testing mid-ocean missile restocking system in case of conflict with China]()
US Navy testing mid-ocean missile restocking system in case of conflict with China
US Navy Secretary Carlos Del Toro has revealed plans to mitigate the difficulties of a war in the western Pacific.
-
![US Navy contracts X-Bow to boost rocket motor manufacture]()
US Navy contracts X-Bow to boost rocket motor manufacture
The US has been battling hard to keep up with demand for solid rocket motors (SRMs).
