NEWSROOM

Fincantieri: Wass Submarine Systems and Magellan Aerospace sign agreement to support Canadian underwater defense capabilities

Trieste, June 4, 2026 - Fincantieri, through its subsidiary WASS Submarine Systems, a leader in the design and development of advanced underwater defense systems, and Magellan Aerospace Corporation (“Magellan”), have signed a Memorandum of Understanding (MoU) to identify and develop areas of industrial cooperation aimed at strengthening Canada’s defense sovereignty and enhancing its underwater defense capabilities. The agreement was signed during CANSEC 2026, the defense exhibition recently held in Ottawa, Canada...