Fincantieri, Edge nab $500M-plus maintenance deal for UAE Navy fleet
February 19, 2025
A picture taken in February 2019 in Monfalcone shows Fincantieri’s logo on a crane at the company’s shipyard. (Miguel Medina/AFP via Getty Images)
ROME — The United Arab Emirates has handed a five-year, €500 million ($524 million) contract to a joint venture between local group Edge and Italy’s Fincantieri to carry out maintenance and upgrades for its naval fleet.
The joint…