Fincantieri, here are plans and moves on the underwater sector
What the CEO of Fincantieri, Pierroberto Folgiero, said during the hearing before the Defense commission of the Chamber of Deputies, as part of the examination of the DPP for Defense for the three-year period 2023-2025.
Fincantieri aims to become a leader in the underwater sector.
“We are applying to be the head of the national diving center” which will be inaugurated on 12 December. This was said by the CEO of Fincantieri, Pierroberto Folgiero, during the hearing before the Defense commission of the Chamber of Deputies, as part of the examination of the multiannual programmatic document for defense for the three-year period 2023-2025.
Fincantieri's top manager then recalled how the new industrial plan launched this year focuses on strengthening the diving sector, considered to have great potential. Fincantieri estimates indicate a potential turnover of 400-420 billion by 2030. “We are acquiring engineering skills for diving – observes Folgiero – and also production capacity”. Folgiero therefore reveals that Fincantieri is still dependent on foreign countries for the construction of submarines and in particular on its commercial partner ThyssenKrupp Marine for the bow but is working to try to internalize this production too in order to speed up production times. Just the day before, the CEO of the Trieste naval group renewed his interest in Tkms, a company for which Germany is studying how to valorise it. ( Here is Startmag 's in-depth analysis of what the German Tkms commissioned by Fincantieri does ).
“If we become the best in the world on submarines and frigates, we will become suppliers to all the navies in the world” reiterated Folgiero.
And it is in this direction that the latest move of the Trieste naval group fits in: on 1 December Fincantieri announced the definition of the main terms and conditions for the purchase of 100% of the shares of Remazel Engineering from Advanced Technology Industrial Group SA . With the acquisition of Remazel, a leading engineering company in the design and construction of offshore equipment, cranes and turbine components, Fincantieri accelerates into the underwater sector.
All the details.
UNDERWATER, NEW GEOPOLITICAL DOMAIN
“Diving is the new geopolitical domain where not only defense issues in the strict sense need to be managed, but also the safety of cable ducts and energy infrastructures. It is a domain that must be seen from 360 degrees for the civil and military aspects and must be managed by creating an industry that brings together skills by focusing on technology. It is a truly new space that must be managed and designed for a growth curve in terms of product development and business system, combining the requirements of the Navy with those of the energy player and other sectors. We believe in it very much and will invest very soon” CEO Folgiero explained at the hearing.
“We have a very significant expense for research and development because we spend around 160 million for the naval domain”, which also concerns the underwater world, he added, recalling the four submarines already delivered and the two under construction.
FINCANTIERI'S STRATEGY FOR UNDERWATER
Furthermore, “We want to open a permanent table of discussion with the actors of this domain in a path that allows us to connect the dots to draw the trajectory of growth and development on this very interesting domain, as space was forty years ago. There will be a lot of innovation, a lot of technology, many SMEs, supply chain design, product development, stimulation of innovation. The objective is to respond to the technical and technological needs of both the military part, a great enabler of innovation, and the civil part, I am thinking for example of the protection of the seabed" underlined Folgiero.
“The ship is no longer an object but a system of systems, that is, everything that is in the ship but also underneath” highlights the number one of Fincantieri, adding that “This vision enables the technologies that serve to enhance technologies and preside over the marine world . Today, thinking, designing and technologically occupying the underwater space means finding ourselves at a crossroads where 400 billion in business will pass along lines that are apparently distant from each other but which have the underwater in common."
PARTNERSHIP WITH LEONARDO RELAUNCHED
“We are working very well with Leonardo to amplify the export capacity of this industrial base” indicates the CEO of the shipbuilding group, Pierroberto Folgiero, in a hearing before the Defense Commission of the Chamber on the three-year defense program
Folgiero recalled that Fincantieri is "enthusiastically relaunching the industrial partnership with Leonardo ( Orizzonte Sistemi Navali, Osn) and we are filling it with content". There is a new approach to the construction of military ships with Leonardo which leads "to reducing costs and shortening construction times" for the Navy, Folgiero further observes.
THE CALL TO DEFENSE
Finally, “Today it takes five years for a submarine, let's try to speed up.” The defense plan indicates a fourth vessel for the submarine program by 2028. “If we advance the funds we will be able to accelerate” Folgiero replied to those who asked him about a possible advance for the new order. “We are progressively investing in all construction sites to make them future-proof”, in this sense, he added, the stability “of the financial framework is a fundamental element for managing the modernization process of the construction sites”.
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/fincantieri-underwater/ on Sun, 03 Dec 2023 06:51:29 +0000.