Fincantieri Gets $526 Million Contract
The Department of Defense has announced that Fincantieri Marinette Marine (FMM) has been awarded a $526 million contract to build a fourth Constellation-class frigate.
“We at Fincantieri Marine Group are proud to lead the Constellation program, and along with our partners and suppliers, we remain committed to building tomorrow’s Navy,” said Marco Galbiati, FMM’s CEO.
FMM received the contract for the first-in-class Constellation-class frigate in April 2020, and since then, the Navy has exercised three options for follow-on vessels. Construction on the first frigate began in August 2022 in Marinette, and FMM is scheduled to deliver that ship – the future USS Constellation – in 2026.