ROME, Feb. 5 (UPI) -- Ferretti Group, an Italy-based yacht maker now owned by China's Weichai, has unveiled a new security division, with its first fast patrol vessel expected in May.
Ferretti announced on Wednesday the creation of Ferretti Security and Defence. The company says the new division will focus on designing naval platforms as the Italian Navy, Coast Guard, and police increase patrols along the country's coasts.