# Leonardo and Fincantieri Restructure Naval JV

Leonardo and Fincantieri are restructuring their Orrizonte Sistemi Navali (OSN) joint venture to restore OSN’s role as overall warship integrator and target a reduction in FREMM frigate build time from 54 to 36 months. The change comes as the companies pursue substantial naval work, including Italy’s €3.7 billion DDX destroyer contract and Portugal’s approximately €3.9 billion order for three FREMM EVO frigates. The article identifies no open solicitation, but the shift may affect supplier coordination and sourcing as OSN’s integration responsibilities change.

- OSN’s stated schedule goal is to cut frigate delivery time by 18 months; suppliers involved in naval production may need to assess how integration responsibilities and delivery planning could change.
- Italy’s DDX contract covers development, production, and initial in-service support for two destroyers. Portugal’s three-frigate order has deliveries planned for 2029–2030.
- Companies seeking work should evaluate their fit with OSN’s future sourcing and integration needs; the report does not announce a solicitation or specific bidding deadline.

**Jurisdictions:** international
**Industries:** Defense & Military
**Published:** November 04, 2026

### Government Entities
- Italian Navy
- Hellenic Navy
- Organisation Conjointe de Coopération en matière d’Armement (OCCAR)

### Vendors
- Orrizonte Sistemi Navali (OSN) (Joint venture and awardee of the DDX contract)
- Fincantieri (51% joint-venture owner and FREMM EVO frigate contractor)
- Leonardo (49% joint-venture owner)

### Key Quotes
> The ships we have built together with Leonardo for the Italian Navy have a proven track record and are therefore well-positioned to benefit from the increased demand for military naval capabilities worldwide.
> — Pierroberto Folgiero, CEO of Fincantieri

### Sources
- [Leonardo, Fincanteri revamp joint venture, aiming to trim frigate build time by 18 months - Breaking Defense](https://breakingdefense.com/2026/11/leonardo-fincanteri-revamp-joint-venture-aiming-to-trim-frigate-build-time-by-18-months) - Breaking Defense