The U.S. Navy awarded a Lockheed Martin-led team, which includes Fincantieri Marinette Marine (FMM), a multi-billion dollar order for the construction of four Multi-Mission Surface Combatants ships, as part of the country’s Foreign Military Sales program. These ships will be for the Kingdom of Saudi Arabia.
Fincantieri will build the ships at the Marinette yard in Wisconsin. The now-definitized contract has a total value of approximately $1.3 billion dollars (USD) for Fincantieri Marinette...