Fincantieri Marine Group

Posted October 14, 2020
  • Continued steady production of LCS, adding additional work with similar ships called the MMSC to Saudi Arabia through the approved foreign military sales in support of the Navy and the US government.
  • Secured the contract to build the first-in-class frigate, the FFGX, for the US Navy, with options for nine additional ships-$5.5B contract which will bring up to 1,000 new jobs to the New North region over the next 5-7 years.
  • Implemented 5 Week Welding and Shipfitting Boot Camps with 200 hours of paid training for recent high school graduates with the option of being hired as full time employees
  • Protected the health and safety of our workforce

Special thank you to our top investors. For a full list of New North investors, go to Our Investors