BY: David B. Larter
The U.S. Navy’s newest surface combatant has Italian heritage, the Navy announced Thursday. In a major win for Wisconsin’s Marinette Marine shipyard, the Navy selected Fincantieri’s so-called FREMM design, an acronym that stands for “European multi-purpose frigate,” in its original Italian. The shipyard, which is also on the hook for building the remaining mono-hull littoral combat ships and a frigate version of it for Saudi Arabia, is now a major player in U.S. Navy shipbuilding.
The detailed design and construction contract, worth $795.1 million, covers the design work and the first ship, as well as options for up to nine others. The total value of the contract if all options are exercised will be $5.58 billion. The contract is expected to be rebid after the first 10 ships.
SOURCE: https://www.defensenews.com
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