🎤France-Italy: "La Tribune, Rome negotiates for two German submarines during negotiations between Fincantieri and Naval Group

While negotiations continue between Naval Group and Fincantieri, Italy is in talks with Germany for the purchase of two U-212A class submarines. This was reported by "La Tribune", explaining that the operation should be completed within this year. Fincantieri's CEO, Giuseppe Bono, said he had bought "a piece of France". "The Italians play on all tables" writes the newspaper. France wants to close the deal before the March 4 elections, which could be won by a right-wing coalition.

French fears arise from the balance of power between Italy and France, or between Fincantieri and Naval Group, the giant of the French shipbuilding industry. The cooperation between the two countries, still in the study phase by a specific Italian-French commission, involves the construction of military ships by Fincantieri and Naval GroupBut someone will have to mount weapons systems on the hulls. For the French there is no problem, there is the giant Thales which sells defense systems all over the world, which is a 35% strong shareholder of Naval. For Italy there is Leonardo, with the difference that, at least from a capital participation point of view, the former Finmeccanica has no weight. However, there is hope linked to Sistemi Navali (OSN), controlled by Fincantieri (51%) and by Leonardo itself (49%).

🎤France-Italy: "La Tribune, Rome negotiates for two German submarines during negotiations between Fincantieri and Naval Group