Search

Fincantieri Wins $537 Million Mod For Third New Frigate

Fincantieri Wins $537 Million Mod For Third New Frigate
Rendering of the Fincantieri Marinette Marine’s USS Constellation (FFG-62) guided-missile frigate. (Image: Naval Sea Systems Command briefing slide at the Navy League’s annual Sea Air Space Expo from 2021).

The Navy awarded Fincantieri Marinette Marine a $637 million modification on June 16, exercising a contract option for the third Constellation-class guided-missile frigate, the future USS Chesapeake (FFG-64). The Navy previously awarded Fincantieri a $554 million modification for the detail design and construction (DD&C) of the second frigate, the future USS Congress (FFG-63), last year (Defense Daily, May 21,2021). The service first awarded the company a $795 million contract for the design, construction and delivery of the first of 10…

Subscriber-only content. Please log in below.

Not a subscriber or registered user yet?

Please contact us at clientservices@accessintel.com or call us at 888-707-5814 (Monday – Thursday 9:00 a.m. – 5:30 p.m. and Friday 9:00 a.m. – 3:00 p.m. ET.), to start a free trial, get pricing information, order a reprint, or post an article link on your website.



Congress Updates

Hegseth Pushes For Reconciliation With At Least $350 Billion For Defense ‘Regardless’ Of Midterms Outcome

Defense Secretary Pete Hegseth said Wednesday the Trump administration plans to continue its push for at least $350 billion in defense funds via the reconciliation process “regardless of what happens […]


Bipartisan Push in Senate to Hasten Export of 155 mm, GMLRS, HIMARS for Ukraine

A small, bipartisan group of senators is backing the Fast Tracking European Investment in Ukraine’s Defense Act, S. 5175, to hasten the export of allied buys of U.S. munitions for […]


Rep. Himes Signals Increased Contractor Oversight, if Democrats Win House

Rep. Jim Himes (D-Conn.), the ranking member of the House Permanent Select Committee on Intelligence, plans to increase the committee’s contractor oversight if the Democrats win control of the House […]


CBO Estimates Loss of One-Half to Two-Thirds of U.S. Missile Interceptors Since June Last Year

A new Congressional Budget Office report estimates the cost of the Iran war through Aug. 1 as $38 billion and says that the U.S. has likely depleted between one-half and […]