Fincantieri, contract with Indonesia Defense for two ships value 1.18 billion | EUROtoday

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Fincantieri has signed a 1.18 billion euro contract for the availability of two patrol vessels (PPA) to the Indonesian Ministry of Defense. The order was signed by the quantity one of many shipbuilding group, Pierroberto Folgiero, and by the Indonesian Ministry of Defense within the presence of the final director of the Military Ships division of the Italian firm, Dario Deste. The Ppa (an acronym that identifies a multi-purpose offshore patrol vessel) is a extremely versatile ship able to finishing up a number of duties starting from patrolling with rescue capability at sea to civil safety operations, however it will probably additionally act as a main combatant ship. line.

Folgiero: this contract is a milestone

«This contract is a milestone within the growth of the strategic partnership between our group and Indonesia. We see it as the primary of different vital alternatives for collaboration with the Indonesian Ministry of Defense, in a logic of long-term partnership due to the structural assist of our establishments, beginning with the Ministry of Defense and the Italian Navy. South-East Asia is a central space from a geopolitical viewpoint the place Fincantieri desires to strengthen its presence, as outlined within the industrial plan”, commented Fincantieri CEO Folgiero.

The ships under construction in Riva Trigoso and Muggiano

The ships covered by the order, originally destined for the Italian Navy, are currently under construction and fitting out at the Integrated Shipyard of Riva Trigoso and Muggiano. The Indonesian Ministry of Defense's interest in the Ppa Units arises from the Far East naval campaign of the Francesco Morosini, the second ship of the Ppa class of the Italian Navy, which also stopped in Indonesia in July 2023. The operation can trigger further synergies in the operational, industrial and technological fields between the two countries. The units will be able to support Indonesia in protecting national interests and contributing to the stability of the delicate strategic quadrant of the Indo-Pacific.

Fincantieri prime contractor of the operation

As a part of the operation, Fincantieri will act as prime contractor in the direction of the Indonesian Ministry of Defense and can coordinate specifically the opposite industrial companions, together with Leonardo, for the variations of the ships' fight system and the availability of the associated logistics companies. The related agreements can be outlined in compliance with relevant laws, together with that referring to transactions between associated events. As all the time occurs in any such contract, the effectiveness is subordinate to the authorization approvals of the competent establishments.