Fincantieri

M&A Activity • Jul 20, 2018

Informazione Regolamentata n. 1616-55-2018		Data/Ora Ricezione 20 Luglio 2018 14:09:11	MTA
Societa'	:	FINCANTIERI
Identificativo Informazione Regolamentata	:	106512
Nome utilizzatore	:	FINCANTIERIN02 - Pasanisi
Tipologia	:	2.2
Data/Ora Ricezione	:	20 Luglio 2018 14:09:11
Data/Ora Inizio Diffusione presunta	:	20 Luglio 2018 14:09:12
Oggetto	:	FINCANTIERI Fincantieri Marinette Marine the US government awards contract within the MMSC program for Saudi Arabia
Testo del comunicato

Vedi allegato.

FINCANTIERI MARINETTE MARINE: THE US GOVERNMENT AWARDS CONTRACT WITHIN THE MMSC PROGRAM FOR SAUDI ARABIA

Trieste, July 20, 2018 – The United States government awarded to a Lockheed Martin-led team, which includes Fincantieri Marinette Marine (FMM), an Undefinitized Contract Action (UCA), to advance work in support of the construction of four Multi-Mission Surface Combatants ships, as part of the Foreign Military Sales program for the Kingdom of Saudi Arabia. Fincantieri will be the builder at the Marinette yard in Wisconsin.

The UCA, awarded in an amount of up to 450 million dollars, will fund detailed design and planning in support of construction, which will be performed by Lockheed Martin and Fincantieri Marinette Marine. The Multi-Mission Surface Combatant is a lethal and highly maneuverable multi-mission surface combatant, which features the flexibility of the Freedom-variant Littoral Combat Ship steel mono-hull, built by the same team, an increased range of 5,000 nautical miles and speeds in excess of 30 knots, making it capable of littoral and open ocean operation, and able to confront modern maritime and economic security threats.

Giuseppe Bono, CEO of Fincantieri, commented: "This prestigious award proves the farsightedness of our decision to enter the US market. Since then, over the past ten years we have become a reference builder not only for the US Navy, but also for several foreign Navies, while contributing to the development of the industrial base and of the economic fabric in the Midwest".

Lockheed Martin and FMM, together with the naval architect Gibbs & Cox and over 800 suppliers in 42 states, are already cooperating for the US Navy's LCS program, one of the most ambitious in the world within the surface ships.

Fincantieri Marine Group (FMG), which owns Fincantieri Marinette Marine and two more yards again in the Great Lakes region, Fincantieri Bay Shipbuilding and Fincantieri Ace Marine, since 2008 has invested more than 130 million dollars to modernize the Wisconsin shipyards, hiring and training more than 1,000 people.

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Fincantieri is one of the world's largest shipbuilding groups and number one by diversification and innovation. It is leader in cruise ship design and construction and a reference player in all high-tech shipbuilding industry's sectors, from

naval to offshore vessels, from high-complexity special vessels and ferries to mega-yachts, ship repairs and conversions, systems and components production and after-sales services.

Headquartered in Trieste (Italy), the Group has built more than 7,000 vessels in over 230 years of maritime history. With more than 19,500 employees, of whom more than 8,300 in Italy, 20 shipyards in 4 continents, today Fincantieri is the leading Western shipbuilder. It has among its clients the major cruise operators, the Italian and the U.S. Navy, in addition to several foreign navies, and it is partner of some of the main European defense companies within supranational programmes.

www.fincantieri.com

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FINCANTIERI S.p.A. – Media Relations

Antonio Autorino	Laura Calzolari	Cristiano Musella	Micaela Longo
Tel. +39 040 3192473	Tel. +39 040 3192527	Tel. +39 040 3192225	Tel. +39 040 3192247
Mob. +39 335 7859027	Mob. +39 334 6587922	Mob. +39 366 9254543	Mob. +39 366 6856280

antonio.autorino@fincantieri.it laura.calzolari@fincantieri.it cristiano.musella@fincantieri.it micaela.longo@fincantieri.it

Emanuele Macaluso

Tel. +39 040 3192667

Mob. +39 344 2737019

emanuele.macaluso@fincantieri.it

FINCANTIERI S.p.A. – Investor Relations

Cristiano Pasanisi	Matteo David Masi	Alberta Michelazzi
Tel. +39 040 3192375	Tel. +39 040 3192334	Tel. +39 040 3192497
cristiano.pasanisi@fincantieri.it	MatteoDavid.Masi@fincantieri.it	alberta.michelazzi@fincantieri.it