France and Italy sign naval agreement
France and Italy have signed an intergovernmental agreement that reaffirms support for the Naviris joint venture.
Naviris is a 50/50 joint venture of France’s Naval Group and Italy’s Fincantieri, established in January 2020.
The organisation will manage naval projects, including mid-term modernisation of the Franco-Italian Horizon class frigates, common R&D, export opportunities and the development of a European Patrol Corvette.
The newly signed agreement renders the long term alliance launched by these two industrial groups fully operational.
Hervé Guillou and Giuseppe Bono, CEOs of Naval Group and Fincantieri respectively, said: ‘We welcome this intergovernmental agreement, which reinforces our joint-venture Naviris. We are delighted to be able to count on the support of both the Italian and French governments together with the Navies of our two countries to carry out our mission effectively.’
Related Equipment in Defence Insight
You may also like
More from Naval Warfare
-
![Ireland orders Thales towed array sonar]()
Ireland orders Thales towed array sonar
Ireland has a large Exclusive Economic Zone (EEZ) which extends 370km (200nm) offshore and contains 75% of the transatlantic subsea cables which carry $10 trillion in financial transactions daily. The country is investing to increase protection and surveillance of these waters.
-
![South Korea advances next-gen naval concepts for future force needs]()
South Korea advances next-gen naval concepts for future force needs
HHI and Hanwha Ocean outline highly autonomous and unmanned-enabled designs as the ROKN explores force structure for the 2030s and beyond.
-
![US representatives plan to invest $1.6 billion in US Coast Guard inventory in FY2026]()
US representatives plan to invest $1.6 billion in US Coast Guard inventory in FY2026
The FY26 Homeland Security Bill Markup of the House Committee on Appropriations included resources for the procurement of ships, aircraft and unmanned systems.
-
![US Navy seeks industry partners to address pressing research needs]()
US Navy seeks industry partners to address pressing research needs
The Office of Naval Research will host an Industry Engagement Day in August aiming at building new partnerships and advancing its science and technology initiatives in multiple areas.
-
![Raytheon awarded $1.2 billion in contracts for AN/SPY-6(V) radars for the US Navy]()
Raytheon awarded $1.2 billion in contracts for AN/SPY-6(V) radars for the US Navy
Under the most recent contract, the US Navy will receive four additional AN/SPY-6(V) radars, increasing the number of radars under contract to 42. The radars are considered key for expanding the navy’s capability for air defence.
