Fincantieri

Regulatory Filings • May 24, 2024

Informazione Regolamentata n. 1616-46-2024	Data/Ora Inizio Diffusione 24 Maggio 2024 15:14:25		Euronext Milan
Societa'	:	FINCANTIERI
Identificativo Informazione Regolamentata	:	191248
Utenza - Referente	:	FINCANTIERIN04 - Dado
Tipologia	:	2.2
Data/Ora Ricezione	:	24 Maggio 2024 15:14:25
Data/Ora Inizio Diffusione	:	24 Maggio 2024 15:14:25
Oggetto	:	FINCANTIERI is awarded contract from the US Navy for the fifth and sixth Constellation-class frigates
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EMARKET SDIR

PRESS RELE Trieste, May 24 2

FINCANTIER IS AWARDED CONTRACT FROM THE US NAVY FOR THE FIFTH AND SIXTH CONSTELLATION-CLASS FRIGATES

The Department of Defense announces that Fincantieri's US subsidiary, Fincantieri Marinette Marine (FMM), has been awarded a contract worth over 1 billion US dollars to build the fifth and sixth Constellation-class frigates for the US Navy.

The contract for the lead frigate and 9 options, signed in 2020, has a cumulative value of 5.5 billion US dollars, including post-delivery availability support and crew training. Fincantieri secured this high-profile tender, distinguishing itself among several major U.S. shipyards thanks to a project considered as the most innovative and cutting-edge. The Group's proposal is based on the FREMM frigate platform, globally recognized as the most technologically advanced, and the backbone of a 10-unit program for the Italian Navy which Fincantieri is completing at present at its Italian shipyards.

Construction on the first frigate, the future USS Constellation, is currently ongoing at the newly revamped Wisconsin shipyard in Marinette.

FMM is the spearhead of Fincantieri Marine Group (FMG), which controls two other shipyards also located in the Great Lakes (Wisconsin) - Fincantieri Bay Shipbuilding and Fincantieri Ace Marine. The company serves commercial and government customers in the US. FMM is committed to the Littoral Combat Ships program for the US Navy and the Multi-Mission Surface Combatants (MMSC) program for the Kingdom of Saudi Arabia as part of the US Foreign Military Sales plan.

Fincantieri is one of the world's largest shipbuilding groups, the only one active in all high-tech marine industry sectors. It is leader in the construction and transformation of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems.

With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing 10,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating in four continents and with almost 21,000 employees.

www.fincantieri.com

FINCANTIERI Press Office Investor Relations Tel. +39 040 3192473 Tel. +39 040 3192111 press.office@fincantieri.it investor.relations@fincantieri.it

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