Fincantieri and the Indonesian Ministry of Defence have signed a 1.18-billion-euro contract, within the framework of collaborative relations initiated by the Italian Ministry of Defence, for the supply of two PPA Units. PPA is a highly flexible ship with an outstanding technological standard. It has the capacity to serve multiple functions, ranging from patrol with sea rescue capacity to Civil Protection operations and first line fighting vessel. The contract was signed by Pierroberto Folgiero, CEO and Managing Director of Fincantieri, and by the Indonesian Ministry of Defence, in the presence of Dario Deste, General Manager of the Naval Vessels Division. The ships subject to the order – originally destined for the Italian Navy – are currently under construction and fitting at the Integrated Shipyard in Riva Trigoso-Muggiano. The interest of the Indonesian Ministry of Defence in PPA Units stems from the Maritime Campaign in the Far East of the Francesco Morosini, the second ship of the Italian Navy’s PPA class, which also stopped over in Indonesia in July 2023.
Pierroberto Folgiero, CEO and Managing Director of Fincantieri, said: “This contract is a milestone for the development of a strategic partnership between our Group and Indonesia. We view this as the first of many significant collaborative opportunities with the Indonesian Ministry of Defence, following a long-term partnership approach thanks to the structural support of our institutions, starting with the Ministry of Defence and the Italian Navy. Southeast Asia is a region of central geopolitical importance where Fincantieri aims to strengthen its presence, as defined in the Business Plan.”
The transaction can catalyze additional synergies in the operational, industrial, and technological fields between the two countries. The Units will be able to support Indonesia in protecting national interests and contribute to the stability of the delicate Indo-Pacific strategic quadrant. As part of the transaction, Fincantieri will act as the prime contractor towards the Indonesian Ministry of Defence and will specifically coordinate the other industrial partners, including Leonardo, for the customization of the ships’ combat system and the provision of related logistic services. The parties will define the relevant agreements in compliance with the applicable legislation, including that relating to transactions between related parties. The effectiveness of the contract is subject to the necessary authorizations from the competent authorities.
The Thaon di Revel class (also known as PPA for ‘Pattugliatore Polivalente d’Altura) is a class of multipurpose offshore ships built by Fincantieri for the Italian Navy. The PPA is a class of 143 m warships, designed with a high level of modularity and automation, will be delivered in a full, a light+ and a light configuration in terms of different sensors and equipments embarked and can perform multiple functions, ranging from patrol with sea rescue capacity to civil protection operations and, in its most highly equipped version, first line fighting vessel. For the contract it signed with Indonesia, the PPAs that will be supplied were originally destined for the Italian Navy, Fincantieri said in its statement. The Italian Navy’s third PPA is configured in the ‘Full’ configuration. the PPA includes a Leonardo 127/64 lightweight gun, a 76/62 mm gun, and two 25 mm remotely controlled cannons, anti-air warfare (AAW) capabilities and this is provided by MBDA Italia’s surface-to-air anti-missile system extended self-defence (SAAM ESD) guided-weapon system with Leonardo’s Kronos Quad C-band AESA radar.
We have signed with the Indonesian Ministry of Defence a 1.18-billion-euro contract, within the framework of collaborative relations initiated by the Italian Ministry of Defence, for the supply of two #PPA Units, confirming our Group's growth strategy in the Defence market.
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— Fincantieri (@Fincantieri) March 28, 2024