TRIESTE, Italy, March 3 (UPI) -- Fincantieri of Italy has announced its delivery of a third FREMM multimission frigate to the Italian Navy.
The Carlo Margottini is 474 feet long, 65 feet in the beam and has a speed of more than 29 knots.
"Today's ceremony seals a corporate performance and a system performance that is absolutely remarkable," said Giuseppe Bono, Fincantieri's chief executive officer said Thursday. "Thanks to close collaboration of the OCCAR program office with the Navy, today we can deliver the third unit to be fully operational in nine months, which allows the program to comply with the Italian Navy's tight schedule and its high requirements."
OCCAR is a European organization made up of a number of European Union states. Its purpose is to manage through-life issues of joint procurement of military equipment. The FREMM frigate is a Franco-Italian project.
Fincatieri said the Carlo Margottini was delivered with its combat management system in an anti-submarine warfare configuration.
Horizon Sistemi Navali, a joint venture company of Fincatieri and Selex ES, is building a total of 10 FREMM frigates for Italy.