New $344m contract amendment signed for Italian Navy submarine project

The contract amendment incorporates new countermeasure systems developed by group subsidiary WASS, marking their first operational adoption on Italian national submarines.

Fincantieri stated that the amendment also enhances logistics support activities to maintain long-term operational availability and efficiency for the fleet.

The U212 NFS vessels represent an evolution from the earlier U212A class, incorporating lithium-ion propulsion batteries and a new combat management system. Fincantieri Chief Executive Officer Pierroberto Folgiero noted that the underwater business is now one of the company's growth pillars.