Valued at approximately €764 million, including around €335 million in optional components, the agreement reinforces a long-term partnership that began with the initial delivery of the FREMM vessels. The signing took place between Giovanni Sorrentino, CEO of OSN, and Joachim Sucker, Director of OCCAR.
Sub-contracts are being finalised with Fincantieri and Leonardo, worth roughly €265 million (including €130 million in options) and €190 million (including €78 million in options) respectively. Additional partners include MBDA, Elettronica, TMDS, and several small and medium-sized Italian firms in the naval and electronics sectors.
The TLSM2 contract, lasting five and a half years, aims to boost the operational readiness and maintenance capacity of the FREMM fleet. It introduces a more integrated and innovative cooperation model between industry partners and the Italian Navy.
Central to the agreement is the integration of industrial personnel into naval processes, facilities, and digital platforms, particularly for materials management and preventive maintenance. Use of the Navy’s digital systems and collaboration with naval personnel is considered essential for the programme’s success.
Engineering support is also key, targeting optimisation of the entire support system both onshore and at sea. Maintenance will be aligned with scheduled downtimes to ensure operational continuity.
The contract renewal highlights the enduring collaboration among OSN, Fincantieri, Leonardo, OCCAR, and the Italian Navy, reflecting their shared focus on technological excellence and national capability development. It also underscores the shift towards long-term support as a strategic pillar of naval operations.
Pierroberto Folgiero, CEO and Managing Director of Fincantieri, stated: “After-sales support has become as strategically important as shipbuilding itself. It is a key factor in ensuring the long-term operational continuity and effectiveness of naval assets.”
He added: “A strong synergy has developed between the Italian Navy and Fincantieri—a relationship built on structured, ongoing collaboration and mutual trust, which now stands out as a hallmark of Italy’s industrial system.”
Carlo Gualdaroni, Co-General Manager Business of Leonardo and Chairman of OSN, said: “This programme illustrates our commitment to designing and supplying high-tech integrated solutions and capabilities for naval applications. Together with our partners, we are ensuring a constant presence in support of the Italian Navy’s operations.”
He continued: “Delivering these services guarantees the operator can make the most of the advanced technologies on the field. We will continue to work in synergy with the Italian Navy, according to the principles of efficiency and effectiveness.”
Giovanni Sorrentino, CEO of OSN, commented: “The signing of this contract represents a key milestone in strengthening both the operational capability and long-term sustainability of our naval units. It reflects a shared vision between the Armed Forces and industry, focused on ensuring efficiency, innovation, and continuity in logistical support.”
The agreement with Fincantieri is classified as a related-party transaction of greater importance, while for Leonardo the sub-contract qualifies as a transaction of lesser importance. Both comply with existing legal and regulatory standards and benefit from exemptions for transactions involving subsidiaries and jointly controlled entities.
