Fincantieri has been awarded the construction of the Navy's fourth new generation Nfs (near future submarine) submarine worth 500 million euros.

According to a note, the signing also dissolves additional options that complete the maintenance support of the submarines already contracted.

"This project contributes to expanding our presence in the underwater domain, a strategic area where the fundamental challenges of geopolitical balances and technological innovation of the future will be played out," commented CEO and managing director, Pierroberto Folgiero.

(Giancarlo Navach, editing Gianluca Semeraro)