FINCANTIERI GROUP: WASS SECURES CONTRACT TO SUPPLY TORPEDOES TO THE INDIAN NAVY

Fincantieri, through its subsidiary WASS Submarine Systems, a leader in the design and development of advanced underwater defense systems, has secured a significant order from the Indian Navy for the supply of Black Shark Advanced (BSA) heavyweight torpedoes, to be deployed on the six Scorpène-class submarines in service with the Indian fleet. With a total value of over 200 million euros, this agreement represents the largest contract in the history of WASS, secured in the year of its 150th anniversary.

Deliveries are scheduled between 2028 and 2030, with production taking place at the WASS facility in Livorno, a center of excellence in underwater systems.

The Black Shark Advanced (BSA) is already in service with the navies of Italy and other 6 countries, confirming its status as an international benchmark for performance, reliability, and reduced lifecycle costs. The BSA stands out for its innovative operational capabilities and advanced technological features, representing Italian leadership in the underwater defence sector.

In addition to the heavyweight torpedoes, the contract includes the supply of launching network for Scorpène submarines, maintenance equipment, and related spare parts, ensuring comprehensive and integrated support for the Indian Navy. This operation represents a unique opportunity for WASS to expand its footprint in the Indian market in which fincantieri is increasingly focused, creating the base for cross-selling synergies.

Pierroberto Folgiero, Chief Executive Officer and General Manager of Fincantieri, commented: “This agreement marks a key strategic step for Fincantieri in India, a market of central importance in our long-term international growth strategy and one of the most dynamic naval hubs globally. Strengthening our presence in India means building enduring industrial and institutional partnerships in a region that plays an increasingly pivotal role in global maritime security. We are proud to deepen our cooperation with the Indian Navy and to position Fincantieri as a trusted long-term partner in this strategic geography.”