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Fincantieri has signed a 1.18 billion euro contract for the supply of two patrol vessels (PPA) to the Indonesian Ministry of Defense. The order was signed by the number one of the shipbuilding group, Pierroberto Folgiero, and by the Indonesian Ministry of Defense in the presence of the general director of the Military Ships division of the Italian company, Dario Deste. The Ppa (an acronym that identifies a multi-purpose offshore patrol vessel) is a highly flexible ship capable of carrying out multiple tasks ranging from patrolling with rescue capacity at sea to civil protection operations, but it can also act as a primary combatant ship. line.
Folgiero: this contract is a milestone
«This contract is a milestone in the development of the strategic partnership between our group and Indonesia. We see it as the first of other important opportunities for collaboration with the Indonesian Ministry of Defense, in a logic of long-term partnership thanks to the structural support of our institutions, starting with the Ministry of Defense and the Italian Navy. South-East Asia is a central area from a geopolitical point of view where Fincantieri wants to strengthen its presence, as defined in the industrial plan”, commented Fincantieri CEO Folgiero.
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The ships under construction in Riva Trigoso and Muggiano
The ships covered by the order, originally destined for the Italian Navy, are currently under construction and fitting out at the Integrated Shipyard of Riva Trigoso and Muggiano. The Indonesian Ministry of Defense’s interest in the Ppa Units arises from the Far East naval campaign of the Francesco Morosini, the second ship of the Ppa class of the Italian Navy, which also stopped in Indonesia in July 2023. The operation can trigger further synergies in the operational, industrial and technological fields between the two countries. The units will be able to support Indonesia in protecting national interests and contributing to the stability of the delicate strategic quadrant of the Indo-Pacific.
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Fincantieri prime contractor of the operation
As part of the operation, Fincantieri will act as prime contractor towards the Indonesian Ministry of Defense and will coordinate in particular the other industrial partners, including Leonardo, for the adaptations of the ships’ combat system and the provision of the related logistics services. The relevant agreements will be defined in compliance with applicable legislation, including that relating to transactions between related parties. As always happens in this type of contract, the effectiveness is subordinate to the authorization approvals of the competent institutions.