Fincantieri and TKMS Sign MoU to Expand Submarine Underwater Cooperation
Italian shipbuilder Fincantieri and German defense firm ThyssenKrupp Marine Systems signed a Memorandum of Understanding to deepen industrial cooperation in submarines and underwater sectors. The MoU seeks to address fragmentation in the European naval industry, explore joint commercial and procurement opportunities, and enhance technological development, building on prior collaboration while keeping both companies independent.