The MARS Program consists of
three classes of support ships,
including the six double-hulled Fleet
Tankers currently under consideration. The double-hulled tankers are
required in the short term to comply
with new international environmental standards.
Following the delivery of the six
tankers, a class of Fleet Solid Support
Ships will be procured as well as
Joint Sea Base Logistic Vessels.
Italian Navy to Get
More Type 212 Subs
The Italian House of Representatives Defense Committee has
approved procurement of the second batch of two Type 212A-class
submarines for the Italian Navy. A
construction contract for the submarines will likely be in place by
the end of the year.
The second two units are part of
a $1.45 billion overall contract that
called for construction of the first
two subs (Batch I) and options for
two additional units (Batch II). The
first subs — Salvatore Todaro and
Scire — were built at Fincantieri’s
Muggiano Shipyard and commissioned in June 2005 and May 2006,
The second two units also will be
built at Muggiano and include technology upgrades in the command-and-control systems in order to
mitigate obsolescence issues. Those
submarines will be delivered to the
sea service by 2016.
The costs of the two latest submarines will be spread over the
2008-2016 timeframe, with the
final payment occurring when the
last unit is delivered.
Finmeccanica SpA of Rome and
Parsippany, N.J.-based DRS Technologies have signed a merger
agreement where Finmeccanica
would acquire 100 percent of DRS
stock for $81 per share in cash.
The merger still needs to be
approved by DRS shareholders as
well as receiving regulatory approvals
and meeting other merger conditions. The transaction is expected to
close by the fourth quarter of the year
if all requirements are met.
This merger, valued at approximately $5.2 billion, furthers
Finmeccanica’s U.S. holdings and
will enable the company to participate in more business opportunities
in the United States and abroad.
For Finmeccanica, DRS will
provide an ever-growing expertise
in electronic systems and technical
services and lead Finmeccanica’s
defense electronics efforts in the
United States. ■
AMI International Inc., Bremerton, Wash.,
is an international consulting and naval
intelligence services company located on
the Web at www.amiinter.com.