EDGE and Fincantieri have signed a new Memorandum of Understanding (MoU) that extends and builds upon an earlier agreement in the rapidly evolving underwater domain. The enhanced cooperation, which follows the one signed in November 2024 in Paris, aims to...
To read the full article, please log in or enter your email below:
EDGE and Fincantieri have signed a new Memorandum of Understanding (MoU) that extends and builds upon an earlier agreement in the rapidly evolving underwater domain.
The enhanced cooperation, which follows the one signed in November 2024 in Paris, aims to further strengthen the partnership between the two companies, through their Abu Dhabi-based shipbuilding joint venture MAESTRAL. EDGE and Fincantieri's cooperation will be focused on the design, development and creation of unmanned systems for critical underwater infrastructure protection and seabed mapping, next-generation submarines, drone-carrier ships, and lightweight torpedoes.
The agreement comes amidst a rapidly evolving landscape for national defence. New threats and vulnerabilities are changing global dynamics, intensifying geopolitical rivalries, and increasing demand for investment in maritime defence. Critical underwater infrastructure has become a target due to its exposure to threats and can only be protected with advanced technological solutions, highlighting the pressing need for governments to invest in this sector.
"Through MAESTRAL, EDGE and Fincantieri are advancing world-class underwater capabilities that will play a pivotal role in the future of subsea security and maritime defence," said Hamad Al Marar, Managing Director & CEO of EDGE Group. "This partnership marks a significant step in positioning the UAE at the forefront of this strategically important domain, strengthening its role as a regional pioneer with globally competitive expertise. As underwater technologies become increasingly vital to national security, we are committed to driving innovation, enhancing sovereign capabilities, and setting new industry standards in this high-potential sector."
"Since 1909 Fincantieri has a long-standing history in submarine construction, and has already established itself as a pioneer in the underwater sector, leveraging decades of systems integration expertise and cutting-edge innovation with a 'dual' focus either in the military and in the civilian space," said Pierroberto Folgiero, Fincantieri CEO and Managing Director. "The underwater domain is projected to reach $400bn by 2030 as defence public needs for countries globally are rapidly evolving. Through MAESTRAL, we are pleased to support the UAE's ambitious naval strategy and alongside a trusted partner like EDGE, we will seek to deliver ground-breaking underwater solutions to meet future needs for its national capabilities."
LEAV Aviation has partnered with AirFi to introduce a new inflight entertainment, connectivity, and retail system from March 2025. The…
AAR CORP. has extended its exclusive Serviceable Engine Products agreement with FTAI Aviation Ltd. for the CFM56 used serviceable material…
Integrated and Reliable Data Distribution Systems for Naval Platforms Developed by HAVELSAN, the Platform Data Distribution System (PDDS) and Submarine…
Israel Aerospace Industries (IAI) has showcased the RobDozer, a remotely operated military bulldozer, during a demonstration in the United States…
HAVELSAN has signed a cooperation agreement with Egypt’s Kader Advanced Industrial Factory, affiliated with the Arab Organization for Industrialization, to…
Vojensky technicky ustav, s.p. (VTU), the Czech Republic’s military technical institute, has selected Exail to provide Advans inertial navigation systems…
ASELSAN will participate in LAAD 2025 in Rio de Janeiro, Brazil, from 1-4 April, as it seeks to strengthen its…
Hyundai Heavy Industries (HHI) has launched the second 3,200-ton frigate for the Philippine Navy. The vessel, named BRP Diego Silang,…
Japan Airlines (JAL) has confirmed an order for 17 Boeing 737-8 aircraft, expanding its 737 MAX backlog to 38 firm…
The USS Pinckney (DDG 91) has successfully completed Flight Test Other 40 (FTX-40), also known as Stellar Banshee, which evaluated…
DIMOS has expanded its pallet mover range for airport logistics, introducing two new models equipped with integrated scales and lift…
The first AH-64E Apache attack reconnaissance helicopter for the Australian Army has reached the final assembly stage at Boeing’s production…
Sentrycs has been selected to supply counter-UAS (C-UAS) technology for a national security project in Africa following a competitive evaluation…
Rafael Advanced Defense Systems Ltd. has reported record financial results for 2024, with a 27% increase in sales, reaching $4.8…
Embraer will showcase high performance, multi-role aircraft as well as comprehensive solutions for air, land, sea, space, and cyber at…
Semi Conductor Devices (SCD), which develops and manufactures a range of cooled and uncooled infrared detectors and high-power laser diodes,…
Indra is coordinating the NG MIMA (Next Generation Military Integrated Modular Avionics) project, a European initiative aimed at developing a…
Boeing has reached a record high in its production of Patriot Advanced Capability-3 (PAC-3) seekers, delivering over 500 units in…
Exail has successfully delivered critical navigation equipment to the Finnish Navy, marking a major step forward in the Squadron 2020…
ZeroAvia has been awarded a Small Business Innovation Research (SBIR) grant by AFWERX to study the feasibility of integrating hydrogen…
RENK Group AG has announced a collaboration with NXP Semiconductors to enhance the digitalisation of its product portfolio. The partnership…
The organisers of Indo Aerospace 2024 Expo & Forum will visit the international airshow at Avalon Airport in Victoria, Australia,…
At the 2025 Airbus Summit, the company outlined its updated plans for future commercial aviation, including preparations for a next-generation…
The inter airport Southeast Asia (IASEA) 2025 has commenced at Marina Bay Sands, Singapore, bringing together industry professionals, global solution…
A new European research project, PACIFIC (Particle emissions, Air Quality and Climate Impact related to Fuel Composition and Engine Cycle),…
Airbus has introduced a pilot programme to trial a “Book and Claim” approach for Sustainable Aviation Fuel (SAF), aiming to…
Boeing has completed what is believed to be the first recorded flight test of multiple quantum sensors, demonstrating an aircraft’s…
CAE New Zealand has been awarded a contract by the Royal New Zealand Air Force (RNZAF) to provide maintenance and…
New Zealand’s Search and Rescue Services (SRSL) has ordered four Airbus H145 helicopters to support its emergency medical services (EMS)…
NEC Corporation has received an order from Japan’s Immigration Services Agency (ISA) to supply walkthrough gates incorporating facial recognition technology…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2025 GBP all rights reserved.