Fincantieri Marinette Marine awarded $5.5B Navy frigate contract

The U.S. Navy has awarded Fincantieri Marinette Marine a $5.5 billion contract to build the first new frigate with options for up to nine more, expected to add about 1,000 new workers at the Marinette shipyard.

“The U.S. Navy announced Thursday it had awarded Fincantieri Marinette Marine a contract to build the service's first new frigate and options for up to nine more, a deal that will keep the company's shipbuilders working for the next two decades and lead to the hiring of about 1,000 new workers.”journalstandard.com

• 1 source
• journalstandard.comFincantieri Marinette Marine's new U.S. Navy contract to benefit statePaul SrubasMay 2, 2020

Summarized from public sources; check the original articles before acting on it.