Naviris, a 50/50 owned joint venture by Fincantieri and Naval Group, has signed its first contract regarding research and technology (R&T) with OCCAR, the European Joint Armaments Cooperation organisation. Naviris, as prime contractor, will coordinate technical activities managed by Fincantieri and Naval Group and will own the intellectual property of all the research findings.

Spain has officially joined the Permanent Structured Cooperation on Defence and Security (PESCO) European Patrol Corvette (EPC) project.

The first board meeting of Naviris, the joint venture between Fincantieri and Naval Group, took place. This partnership cements the shared desire of the two companies to build a future of excellence for the shipbuilding industry and Navies.

Following the announcement made on 14 June 2019, when the operational terms for the incorporation of a 50/50 owned joint venture between Naval Group and Fincantieri were settled out, today the two companies announced the name of the new company: NAVIRIS.