Fincantieri Finishing $300M Shipyard Renovations, a Big Bet on the US Navy’s Frigate Plans

Building 34 E1681842275366

MARINETTE, Wisc. — Right now, the single 4,000-ton Multi-Mission Surface Combatant vessel only fills up a fraction of the space in cavernous “Building 34” of Fincantieri Marinette Marine’s Wisconsin-based shipyard. But the company is finishing up $300 million in shipyard renovations, hoping it’ll pay off if and when 34 is just about full and hosting two new 7,000-ton frigates every year for the US Navy.

More News & Insights

Screenshot 2024 02 26 At 12.58.14

US vetoes UN resolution calling for immediate ceasefire in Gaza after proposing a temporary halt in fighting

The United States has vetoed a resolution at the United Nations calling for an immediate ceasefire in Gaza, an anticipated move that, while supportive of Israel, comes amid signs of American…

Screenshot 2024 02 26 At 12.56.14

U.S. charges yakuza leader with trying to sell nuclear material to Iran

A Japanese yakuza boss sought to sell nuclear material to an undercover U.S. law enforcement agent who was posing as an associate of an Iranian general, U.S. prosecutors said Wednesday. It was…

Screenshot 2024 02 26 At 12.53.49

Kyiv has right to strike Russian targets ‘outside Ukraine’, says Nato chief

Ukraine has the right to strike “Russian military targets outside Ukraine” in line with international law, the Nato secretary-general has said for the first time since the start of the…

Receive BENS news and insights in your inbox.