Core Points - Fincantieri Marine Group has reached a significant agreement with the U.S. Navy to reshape the Constellation-class Program, aligning with the Navy's focus on technological excellence and sustainability [1][2] - The agreement ensures continuity for two Constellation-class frigates under construction while discontinuing contracts for four others, reflecting the Navy's evolving strategic priorities [3] - Fincantieri has invested over $800 million in its U.S. shipyards to enhance production efficiency and technological innovation, supporting the U.S. maritime industrial base [4] Company Developments - Fincantieri is expected to receive new orders for various classes of vessels, including amphibious and icebreaking ships, to meet the immediate interests of the U.S. Navy [2] - The company currently employs approximately 3,750 skilled workers in the U.S., having recently increased its workforce by 850 to strengthen its industrial base [5] - CEO George Moutafis emphasized the importance of the agreement in providing stability for Fincantieri's teams and the Wisconsin System of Yards, allowing continued investment in innovation and skills [6] Strategic Positioning - Fincantieri positions itself as a key player in the U.S. Navy's future development model, confirming its strategic role in supporting the Navy's evolving needs [8] - The company aims to collaborate with stakeholders in the supply chain to execute the new path forward, further developing skills and expertise in its American facilities [8] - Fincantieri is recognized as one of the world's largest shipbuilding groups, active in all high complexity marine industry sectors, and is a leader in sustainable innovation and digital transformation [9]