Fincantieri Secures Major Frigate Contracts for Indonesia and Egypt
What happened
Fincantieri signed a contract to sell six FREMM frigates to Indonesia, which also included the refurbishment and sale of two Maestrale-class frigates due to retirement from the Italian Navy. The company stated that its confirmed sales of the frigate class now total 20, including two vessels for Egypt and two for the United States. Leonardo will work on the Indonesian FREMMs, likely supplying the combat system.
From defensenews.com
Why it matters
The acquisition of these large orders allows Fincantieri to claim global leadership in the surface ships sector. The contracts involve major naval assets, with the United States having previously announced a $553.9 million contract for its second FREMM vessel.
From defensenews.com
Who's involved
- FincantieriItalian shipbuilding company securing sales contracts for frigates.
- EgyptCountry that has confirmed sales contracts for two FREMM frigates.
- ItalyCountry where Fincantieri operates its industrial base.
- IndonesiaIsland country that acquired six FREMM frigates and two refurbished vessels.
- Italian NavyItalian military branch whose two Maestrale-class frigates are being sold to Indonesia.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- IndonesiaSpeculative
Indonesia might see increased costs related to the acquisition of six new FREMM frigates and two refurbished vessels.
- FincantieriSpeculative
Fincantieri could see increased revenue from securing international sales and boosting domestic order volume.
- Italian NavySpeculative
The Italian Navy might see a change in operational costs due to the disposal of two Maestrale-class frigates.
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Indonesian Navy to acquire six new FREMM frigatesIndonesian Navy to acquire six FREMM frigates and two Maestrale-class vesselsReported
- Indonesia secures six FREMM frigates from FincantieriIndonesia acquires six FREMM frigates and two refurbished vesselsReported
- How will the successful international sales of FREMM frigates affect the Italian Navy?Two Maestrale frigates due for retirement sold to IndonesiaReported
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The entities involved
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Fincantieri
Italian shipbuilding company
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Egypt
country in Northeast Africa and Southwest Asia
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Italy
country in southern Europe