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Fincantieri Shifts Focus to Defense, Boosts Shipbuilding Investment

2/12/2026

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Summary

Story summary

Fincantieri SpA announced a strategic shift toward defense and military shipbuilding in Italy.
The company will relocate cruise-ship production to Romania and Vietnam.
Fincantieri plans to invest about €1.9 billion through 2030 to double production capacity in Italian shipyards, including €250 million in Romania and Vietnam.
The company expects revenue to reach about €12.5 billion by 2030.
Shares rose 6% in Milan.

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Story summary

Fincantieri SpA announced a strategic shift toward defense and military shipbuilding in Italy.
The company will relocate cruise-ship production to Romania and Vietnam.
Fincantieri plans to invest about €1.9 billion through 2030 to double production capacity in Italian shipyards, including €250 million in Romania and Vietnam.
The company expects revenue to reach about €12.5 billion by 2030.
Shares rose 6% in Milan.