# 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.

- Type: Contract
- Announced: 2020-04-30
- Where: Marinette, Wisconsin, United States
- Value: $5.50B
- Jobs: 1,000
- Status: announced
- Products: frigates
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fincantieri Marinette Marine](https://endata.com/companies/8634.md)
- [United States Navy](https://endata.com/companies/15467.md) (customer)

## Sources

- [journalstandard.com](https://journalstandard.com/story/news/2020/05/02/fincantieri-marinette-marines-new-u-s-navy-contract-benefit-state/3069012001/), 2020-05-02: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.