Western navies advance submarine modernization with new defense contracts
Fincantieri and L3Harris Technologies have secured defense contracts to support Italian and US Navy submarine programs.
Defense contractors have secured major agreements to support submarine fleets for the Italian and United States navies.
Italian shipbuilder Fincantieri signed a €317 million ($361 million) contract amendment with the Organisation for Joint Armament Co-operation to accelerate the Italian Navy's U212 Near Future Submarine program. The agreement moves the delivery date of the fourth planned vessel forward by two years to 2032, enabling the navy to accept one submarine per year beginning in 2029.
In the United States, L3Harris Technologies received a contract from General Dynamics Electric Boat to equip Virginia-class and Columbia-class submarines with battery monitoring systems. The equipment will provide crews with real-time operational assessments of battery condition to enhance fleet readiness.
Sources: Naval Technology.