I don’t have live access to the latest updates in this moment. Here’s a concise summary of recent publicly reported developments related to Fincantieri and US Navy frigate programs up to 2024–2025, plus guidance on where to check for the very latest.
Direct answer
- As of mid-2024, Fincantieri Marinette Marine (FMM) secured contracts worth over $1 billion to build the fifth and sixth Constellation-class frigates (FFG-65 and FFG-66/67 naming) for the US Navy, with the overall lead ship and nine options previously valued at about $5.5 billion. Updates through 2024 indicated continued progress on the Constellation-class program, including follow-on work and production to expand the fleet [sources cited below]. For the very latest status (e.g., any new awards, cancellations, or scope changes in 2025–2026), please check current Navy press releases and FMM announcements.
Key context and sources (for further reading)
- Navy frigate program awards and FMM involvement in 2020–2021: initial $795 million award and subsequent option exercises to design/build Constellation-class frigates, with production at Marinette, WI [USNI News; Navy press releases]. These early actions established the baseline for the program and the shipyard’s role.[4][5]
- May–June 2024 announcements: FMM awarded contracts exceeding $1 billion to build the fifth and sixth Constellation-class frigates, signaling continued execution of the program and scale-up in production.[8][4]
- Ongoing program context: The Constellation-class program originated from the Navy’s FFG(X) concept, with FREMM-derived design elements and a long-term production plan that aimed to deliver multiple ships through the 2020s and beyond.[5][4]
How to verify the latest status
- Navy.gov press releases and the Naval Sea Systems Command (NAVSEA) updates on the Constellation-class frigates.
- Fincantieri Marine Group press releases and Fincantieri corporate statements about US Navy awards and shipyard production milestones.
- Reputable defense industry outlets (e.g., USNI News, Defense News, MarineLink) for timely coverage and contract modifications.
If you’d like, I can search for the most current news and pull the latest official announcements and contract values, then summarize them with direct citations.
Sources
The Department of Defense announces that Fincantieri’s US subsidiary, Fincantieri Marinette Marine (FMM), has been awarded a contract worth over 1 billion US dollars to build the fifth and sixth Constellation-class frigates for the US Navy. The contract for the lead frigate and 9 options, signed in 2020, has a cumulative value of 5.5 billion US dollars, including post-delivery availability support and crew training. Fincantieri secured this high-profile tender, distinguishing itself among...
www.fincantieri.comTrieste, May 24 2024 - The Department of Defense announces that Fincantieri’s US subsidiary, Fincantieri Marinette Marine (FMM), has been awarded a contract worth over 1 billion US dollars to build the fifth and sixth Constellation-class frigates for the US Navy.
www.fincantieri.comCopyright © BusinessAMBE 2023 Key takeaways Fincantieri is seeking new contracts with the US Navy, despite the cancellation of the Constellation frigate programme. The company sees opportunities...
sa.marketscreener.comItalian shipbuilder Fincantieri said on Wednesday its Fincantieri Marine Group unit has won a $30 million contract with the U.S. Navy for materials procurement and engineering activities for the...
www.marketscreener.comA Fincantieri subsidiary received a potential $553.8 million contract modification after the U.S. Navy exercised an option for the company to design and build the second Constellation-class guided-missile frigate. Fincantieri Marinette Marine will also provide integrated digital environment services to support the construction of the future USS Congress (FFG 63) frigate, the Department of Defense
www.govconwire.comFincantieri Marinette Marine shipyard has been selected to build a class of up to 10 multimission guided-missile frigates (FFGs) for the Navy’s FFG(X) program…
www.marinelink.comFincantieri Marinette Marine Secures $1 Billion Contract for US Navy Frigates (IN BRIEF) The Department…
news.europawire.euShipbuilders have won a billion-dollar contract in the US
www.constructionbriefing.comOther orders are planned for the construction of new classes of naval units
www.informare.itThis post has been updated to include additional information from the Navy. The Navy awarded a $795-million contract to Fincantieri to begin building a new class of guided-missile frigates, in the first new major shipbuilding program the service has started in more than a decade, the Navy announced today. Fincantieri beat out what was originally four other competitors, who were asked by the Navy to take a mature parent design and evolve it to meet the Navy’s needs for potential high-end...
news.usni.org