Fincantieri and Leonardo Sign Agreement to Enhance Naval Systems Joint Venture
Fincantieri and Leonardo have signed a Letter of Intent (LoI) during Euronaval to bolster the role of their joint venture, Orizzonte Sistemi Navali (OSN). The agreement outlines principles for future collaboration, focusing on strengthening OSN's industrial and commercial presence, developing market opportunities, and leveraging technological capabilities. This initiative aims to solidify OSN's position in integrating naval platforms and combat systems, addressing the increasing complexity of defense programs.
Why it matters
The agreement seeks to enhance OSN's role in naval platform and combat system integration amidst growing defense program complexity.
Source: Naval News — read the original
Source published 5 Nov 2026, 11:06 UTC