Fincantieri predicts strong growth despite ding to US warship business

ROME — Italian shipyard Fincantieri will boost revenue by 40%, hit profits of €500 million ($593 million) and double its defense production in Italy by 2030 as global defense spending booms, the firm has said.

In a new business plan covering 2026-2030, the Italian state-controlled yard said it expected annual revenue to rise from €9 billion in 2025 to €12.5 billion in 2030, while it will book €50 billion worth of orders over the period globally, including in the United States, adding to a current €60 billion order backlog.

By 2035, revenue will double, reaching €18 billion, the firm said.

Fincantieri has long split its focus between navy ships, offshore vessels and cruise ships, spreading technology between the sectors and relying on upticks in one business area to balance dips in others.

As conflicts rage around the world and as pressure is placed on Europe to re-arm, pushing governments open their wallets, Fincantieri is enjoying robust defense orders, starting with a supply of new ships and submarines to the Italian navy.

As foreign customers place orders, including PPA vessels to Indonesia and Fremm frigates to Egypt, Fincantieri has handed over vessels being built for Italy to accelerate deliveries, then added new orders to fill the gap for the Italian navy.

More work can be expected from Italy as the country signs up for €14.9 billion in EU loans to boost defense spending to reach NATO’s new target of 5%of GDP.

CEO Pierroberto Folgiero has meanwhile bet on the undersea business with a string of acquisitions including buying torpedo maker WASS from Italy’s Leonardo last year.

This week WASS signed a €200 million deal with Saudi Arabia to sell its MU90 Lightweight Torpedo.

The new orders are balancing the cancelling of Constellation frigate orders in the United States which Fincantieri was working on at its U.S. yard.

To handle new work, Fincantieri’s new business plan envisages the doubling of defense production capacity at its Italian yards, while part of its cruise ship work is relocated to Romania.

“The Defense segment plays a central role in our strategy: the expected increase in demand, together with the doubling of production capacity across our Italian shipyards, will enable us to further strengthen our positioning within the major national and international programs,” said Folgiero in a statement released with the industrial plan.

Editor’s note: This story was updated after publication to reflect that the company expects some of the projected new business to come from the United States.

Tom Kington is the Italy correspondent for Defense News.

罗马——意大利造船厂芬坎蒂尼表示，随着全球国防开支的激增，到 2030 年，该公司收入将增长 40%，利润将达到 5 亿欧元（5.93 亿美元），并在意大利将其国防产品产量翻一番。

在涵盖 2026 年至 2030 年的新商业计划中，这家意大利国有造船厂表示，预计年收入将从 2025 年的 90 亿欧元增至 2030 年的 125 亿欧元，同时预计在此期间在全球范围内（包括美国）将获得价值 500 亿欧元的订单，这将使其目前的订单积压额达到 600 亿欧元。

该公司表示，到 2035 年，收入将翻一番，达到 180 亿欧元。

芬坎蒂尼集团长期以来一直将业务重心分散在海军舰艇、海上船舶和游轮上，在各个领域之间推广技术，并依靠一个业务领域的增长来平衡其他领域的下滑。

随着世界各地冲突不断，欧洲面临重新武装的压力，各国政府纷纷慷慨解囊，芬坎蒂尼集团也因此获得了强劲的国防订单，首先是向意大利海军供应新的舰艇和潜艇。

随着外国客户下单，包括向印度尼西亚订购PPA船舶，向埃及订购FREMM护卫舰，芬坎蒂尼集团已将为意大利建造的船舶交付给意大利，以加快交付速度，然后又增加了新订单，以填补意大利海军的缺口。

意大利将签署欧盟提供的 149 亿欧元贷款协议，以提高国防开支，达到北约 GDP 5% 的新目标，预计意大利将承担更多责任。

与此同时，首席执行官皮埃罗贝托·福尔杰罗(Pierroberto Folgiero)押注于海底业务，进行了一系列收购，包括去年从意大利莱昂纳多(Leonardo)手中收购鱼雷制造商WASS。

本周，WASS公司与沙特阿拉伯签署了一项价值2亿欧元的协议，向其出售MU90轻型鱼雷。

新订单弥补了美国取消星座级护卫舰订单的影响，芬坎蒂尼集团此前一直在其美国船厂建造该型护卫舰。

为了应对新的工作，芬坎蒂尼集团的新商业计划设想将其意大利船厂的国防生产能力提高一倍，同时将其部分邮轮工作转移到罗马尼亚。

“国防领域在我们的战略中扮演着核心角色：预计需求的增长，加上我们在意大利各造船厂产能的翻番，将使我们能够进一步巩固我们在主要国内和国际项目中的地位，”福尔杰罗在与工业计划一同发布的声明中表示。

编者按：本文发表后进行了更新，以反映该公司预计部分新增业务将来自美国。

汤姆·金顿是《防务新闻》驻意大利记者。