Fincantieri, Edge nab $500M-plus maintenance deal for UAE Navy fleet

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Fincantieri, Edge nab $500M-plus maintenance deal for UAE Navy fleet

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 venture, known as Maestral, which was created in May 2024, will oversee “comprehensive maintenance management of the UAE Navy to meet key operational and logistic needs” and support the UAE Navy’s “transformation journey…

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Fincantieri-Edge joint venture to manage UAE Navy fleet - General News

Tawazun Council, the UAE's defence and security acquisition authority, has assigned to Maestral, the Abu Dhabi-based shipbuilding joint venture between Fincantieri and Edge, an In-Service Support Strategic Partnership Project for the entire Navy fleet of t... (ANSA)

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MAESTRAL, EDGE-Fincantieri Joint Venture, Secures €500 Million UAE Navy Support Contract — Global Defense Insight

EDGE Group and Fincantieri, global leaders in advanced technology and shipbuilding, have announced that their Abu Dhabi-based joint venture, MAESTRAL, will be awarded a major In-Service Support Strategic Partnership Project by Tawazun Council. The agreement, valued at approximately €500 million over five years, will involve comprehensive maintenance management for the UAE Navy fleet, enhancing operational performance. This strategic partnership,…

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Fincantieri sets sail in the United Arab Emirates with Edge

During Idex 2025 Maestral, the joint venture between Fincantieri and Edge, obtained a 500 million contract for maintenance services for the entire fleet of the United Arab Emirates Navy. All the details Half a billion euro order for Maestral, the joint venture between Fincantieri and Edge, in the United Arab Emirates. The Trieste-based shipbuilding group and Edge Group, one of the world's leading advanced technology and defense groups, today ann…

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MAESTRAL, the EDGE-Fincantieri joint venture, to be awarded €500mln UAE Navy support contract

MAESTRAL will be the Strategic Partner of the UAE Navy for the comprehensive fleet maintenance management

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Fincantieri, one of the world's leading shipbuilding complexes, and EDGE, one of the world's leading advanced technology and defense groups, announced today that the Tawazun Board has assigned to MAESTRAL, their Abu Dhabi-based shipbuilding joint venture (JV), an important “In-Service Support (ISS) strategic partnership project” for the entire fleet of the United Arab Emirates Navy. The Tawazun Council is an independent government body that work…