Fincantieri to Build Seven Ships for Qatar
(Source: Fincantieri; issued June 16, 2016)
Qatari Minister of Defence Khalid bin Mohammed Al Attiyah and Italian Defense Minister Roberta Pinotti sign a government-to-government framework agreement covering the industrial contract for the order of seven naval vessels for the Qatari Navy. (IT MoD photo)
The signing took place between the Commander of Qatar Emiri Naval Forces, Staff Major General Mohammed Nasser Al Mohannadi and the CEO of Fincantieri, Giuseppe Bono, in the presence of the Ministers of Defence of the two countries, Khalid bin Mohammed Al Attiyah and Roberta Pinotti.
The contract, amounting for Fincantieri to approx. 4 billion euros, envisages the supply of seven surface vessels, of which four corvettes of over 100 meters in length, one amphibious vessel (LPD - Landing Platform Dock), and two patrol vessels (OPV - Offshore Patrol Vessel) as well as support services in Qatar for further 15 years after the delivery of the vessels. All the units will be entirely built in Fincantieri Italian shipyards starting from 2018, ensuring 6 years of work and an important impact on the main Italian defense companies.
Fincantieri has prevailed over other naval shipbuilders thanks to a project recognized as the most advanced and innovative of all. This was also achieved based on the experience gained by Fincantieri in the construction of high-tech vessels for some of the most prestigious foreign navies.
Giuseppe Bono, CEO of Fincantieri, stated: “This is a day to remember for Fincantieri, because winning the global competition for such a programme was far from easy. We have achieved a remarkable result, which allows the company to become a world leader also in the defense sector, as in cruise and offshore. With this contract Fincantieri creates a true partnership with the Qatar Emiri Naval Forces, which now position themselves as technologically advanced.
“The backlog increase will guarantee work for another ten years at least, ensuring continuity to the activities in the shipyards, creating the conditions to contribute to the country’s growth and increase the value for the shareholders.” Bono concluded: “We achieved this goal thanks to the support of the “Italian System”, finally responding to the great ambitions of the major national companies, and to the key role played in this deal by our Government and our Navy, that supported us actively until the final closing of the agreement”.
Headquartered in Trieste (Italy), the Fincantieri Group has built more than 7,000 vessels in over 230 years of maritime history. With around 19,500 employees, of whom more than 7,800 in Italy, 21 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.
(EDITOR’S NOTE: The total package is worth €3.8 billion, two-thirds of which will go to Fincantieri, which is keen to underline its status as prime contractor.
The other third will go to Leonardo-Finmeccanica, which will fit out the ships with combat systems, radars and other sensors, guns and other equipment.
Finally, missile house MBDA will receive a separate contract worth about €1 billion to supply Aster air-defense missiles as well as long-range anti-ship missiles and short-range anti-aircraft missiles.
In addition to the ships, Italian industry will provide training services as well as 15 years of logistic support.
Work on the ships is due to begin in 2018 and deliveries are to be completed by 2024.
The contract will secure or provide direct and indirect jobs for 10,000 people, according to Fincantieri CEO Giuseppe Bono.)
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Leonardo-Finmeccanica Welcomes the Agreement to Supply Seven New Ships to Qatar
(Source: Leonardo-Finmeccanica; issued June 16, 2016)
Leonardo is confirmed as a key player in the naval sector after the recent contracts with Italy and Bahrain
The company is a historic partner of the country, having already supplied systems for air traffic control, maritime defence systems and civil and military helicopters
ROME --- Within the framework of the agreement between the Italian and Qatari governments for the Qatar Navy modernisation plan, Leonardo-Finmeccanica will supply Fincantieri with the latest generation of naval systems and sensors for the 7 new ships to be supplied to the Qatar Emiri Naval Forces.
The 7 units - including 4 corvettes, 1 Landing Platform Deck and 2 Off-shore Patrol Vessel - are to be deployed for maritime surveillance and patrolling duties in territorial waters and in the exclusive economic zone.
Mauro Moretti, Chief Executive Officer and General Manager of Leonardo-Finmeccanica, said: “The degree of excellence reached by our offering has achieved another, significant success for which the value is twofold. On one hand, it has been chosen in a geographical area of exceptional strategic value, in terms of business opportunities and fostering partnerships – on the other, it strengthens our position on international markets, highlighting how customers understand the value of our technological offering in the naval sector. The agreement is a sign of the great effort of institutions, and in particular of the Minister of Defence Roberta Pinotti, and strengthens our cooperation with Fincantieri, as a testament to the ability of Italian industry.”
Leonardo will be responsible for the integrated supply of the new naval units’ combat system, main radars and on-board sensors and defence sub-systems, including 76/62 medium calibre and 30mm small calibre weapon systems, the anti-torpedo protection system, the Thesan mine avoidance sonar and, in cooperation with MBDA, the missile system. The supply also includes long-term, integrated logistics support activities.
The company has been cooperating with Qatar for over 20 years, supplying the air traffic control and management system of the new Doha international airport, helicopters both for civil and military applications, defence systems for the safety of territorial waters. Furthermore, the contract signed in 2015 for the supply of the radar system for air surveillance and defence to Qatar’s Armed Forces has recently come into effect.
Leonardo-Finmeccanica is among the top ten global players in Aerospace, Defence and Security and Italy’s main industrial company. As a single entity from January 2016, organised into business divisions (Helicopters; Aircraft; Aero-structures; Airborne & Space Systems; Land & Naval Defence Electronics; Defence Systems; Security & Information Systems), Leonardo-Finmeccanica is listed on the Milan Stock Exchange (LDO). At 31 December 2015, Finmeccanica recorded consolidated revenues of 13 billion Euros and has a significant industrial presence in Italy, the UK and the U.S.
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MBDA Italia Awarded by Qatar Emiri Naval Force for the Supply of Operational Capabilities for Their New Naval Units
(Source: MBDA Italy; issued June 16, 2016)
The programme will be comprehensive and will include training, test stations and maintenance facilities as well as integrated logistical support. The award to MBDA Italia is within the framework of a Government to Government agreement signed today in Rome by the Minister of Defence for Italy, Roberta Pinotti and the Minister of Defence for Qatar, Khalid Bin Muhammad Al Attiyah.
Antonio Perfetti, Managing Director MBDA Italia and Executive Group Director Sales & Business Development MBDA, commented: “This award will give the opportunity to further increase the Company’s order book and will open up new opportunities in Qatar, that once again confirms the trust placed in MBDA Italia for its defence requirements. This important achievement has been possible thanks to the close cooperation between MBDA Italia, Fincantieri and Leonardo – Finmeccanica, demonstrating the value of Italian industrial synergies.”
With a significant presence in five European countries and within the USA, in 2015 MBDA achieved a turnover of € 2.9 billion with an order book of € 15.1 billion. With more than 90 armed forces customers in the world, MBDA is a world leader in missiles and missile systems. MBDA is owned jointly by Airbus Group (37.5%), BAE Systems (37.5%), and Leonardo-Finmeccanica (25%).
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