Fincantieri, one of the world’s leading shipbuilding groups, and C.A.B.I. Cattaneo (hereafter CABI), a leading Italian company in the design, development and supply of underwater vehicles for Naval Special Forces, have signed a Memorandum of Understanding (MoU) for the assessment of commercial and industrial cooperation in the field of underwater vehicles and their integration with larger vessels.
The agreement was signed by Pierroberto Folgiero and Alberto Villa, CEO of Fincantieri and CABI, respectively, in the presence of Admiral Enrico Credendino, Chief of the Italian Navy.
The MoU, which may be followed by an additional cooperation agreement to be finalized within the year, will allow underwater vehicles to be integrated with Fincantieri surface and underwater vessels, improving, thanks to this new synergy, the products that can be offered in the target global markets.
In particular, the design, construction, fit-out and setting to work of the main vessels will be the responsibility of Fincantieri, which will be the Design Authority, while CABI will take on the same role for the underwater vehicles.
The companies believe that this agreement, which may be extended to other specialist companies, can strengthen their positioning in relation to potential overseas customers.
Indeed, the offering will be strengthened through the marketing of a single capacity package where, for the first time, in addition to the Fincantieri platform, there will be underwater vehicles produced by CABI, functionally and physically integrated right from the initial stages of the design of the mother ship.
Note: Representative Image Shown.
MRO services provider AAR hosted an internship graduation ceremony on Aug. 8 for the 10 high school students who spent…
The Polish Government has finalised a Foreign Military Sales (FMS) Letter of Offer and Acceptance (LOA) to acquire 96 Boeing…
Korean Air and U.S. defence contractor L3Harris Technologies recently hosted an 'L3 Industry Day' at the Air Force Hotel in…
Worldwide Flight Services (WFS), part of the SATS Group, has secured a five-year licence to manage ramp handling operations at…
Elbe Flugzeugwerke GmbH (EFW), a joint venture between ST Engineering and Airbus, has been granted Continuing Airworthiness Management Organisation (CAMO)…
Walter Cho, Chairman and CEO of Korean Air and Hanjin Group, has been honoured with the top management award by…
airBaltic has placed an order for an additional 10 Airbus A220-300 aircraft, bringing its total order to 90. This marks…
The Israel Ministry of Defense, in collaboration with the Tehkumah Authority, the IDF, and the Hof Ashkelon Regional Council, has…
Virgin Australia has finalised an agreement with Embraer for the purchase of eight E190-E2 small narrowbody aircraft, as part of…
The French Navy's CAMCOPTER S-100 Unmanned Air System (UAS) Squadron was deployed to ensure the security of the waters surrounding…
Air Transport Services Group (ATSG) subsidiary Cargo Aircraft Management (CAM) has leased a Boeing 767-300 converted freighter to New York-based…
Advanced air mobility (AAM) company Volocopter has conducted the world's first electric vertical take-off and landing (eVTOL) flight test within…
Lockheed Martin delivered the first of five C-130J Super Hercules tactical airlifters to the New Zealand Ministry of Defence and…
In June, U.S. Army Special Operations Aviation Command (USASOAC) awarded Boeing a $115 million contract to produce two more MH-47G…
Scoot, the low-cost subsidiary of Singapore Airlines (SIA),will receive its third and fourth Embraer E190-E2 aircraft in Singapore in September…
Ramiro Alfonsín will assume the role of Chief Commercial Officer, LATAM Airlines Group, from Nov. 7. He was earlier Vice…
U.S. and Netherlandshave formalized a Letter of Offer and Acceptance (LoA) agreement to purchase Lockheed Martin’s Joint Air-to-Surface Standoff Missile…
Air India Express has become the first Indian airline to launch a Virtual Interline platform, offering flyers a wider range…
Vard, Norwegian subsidiary of the Fincantieri Group and among the leading companies in the construction of specialized vessels, has signed…
Boeing has delivered the first MH-139A Grey Wolf production aircraft to the U.S. Air Force. The aircraft, part of a…
Embraer has signed an US$ 1 billion syndicated credit agreement for five years. The deal is an extension of a…
Hong Kong's Cathay Group has placed a firm order with Airbus for 30 A330-900 widebody aircraft. The newly-ordered aircraft will…
Türkiye's leading defence company Aselsan has made a significant leap in Defense News' annual “Top 100 Defence Companies List," climbing…
United Aircraft, Shenzhen-based manufacturer of uncrewed aircraft systems (UAS), is seeking international partners for its tilt-rotor UAV (R6000) that will…
Boeing has handed over the first MH-139A Grey Wolf production helicopter to the U.S. Air Force. This aircraft is part…
Airbus has been selected by the French Space Agency (CNES) to design and construct two next-generation microwave radiometers for the…
Liquidators for Air Vanuatu (Operations) Limited (In Liquidation) have announced that the airline will resume a reduced service via scheduled…
Saudia, the national carrier of the Kingdom of Saudi Arabia, has been recognised as the leading global airline for on-time…
Orizzonte Sistemi Navali (OSN), a joint venture between Fincantieri (51%) and Leonardo (49%), has received notification from the Italian Navy…
Israel Aerospace Industries (IAI) has secured a contract to supply airborne radios for the Israeli Defense Forces (IDF). These radios…
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
2024 GBP all rights reserved.