{"id":60576,"date":"2020-03-14T00:07:45","date_gmt":"2020-03-14T00:07:45","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2020\/03\/14\/fincantieri-suspends-operations-amid-coronavirus-crisis\/"},"modified":"2026-08-08T00:29:45","modified_gmt":"2026-08-08T00:29:45","slug":"fincantieri-suspends-operations-amid-coronavirus-crisis","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2020\/03\/14\/fincantieri-suspends-operations-amid-coronavirus-crisis\/","title":{"rendered":"Fincantieri suspends operations amid coronavirus crisis"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">As Italy\u2019s coronavirus crisis worsens, state shipbuilder Fincantieri has suspended operations for two weeks at its Italian facilities.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The announcement on Friday came as Italian authorities reported Italy\u2019s death toll from the virus had reached 1,266, while the total number of cases reached 17,660. This week, the Italian government placed the entire country under lockdown, <a href=\"https:\/\/www.defensenews.com\/industry\/2020\/03\/11\/italys-top-two-defense-firms-restricts-business-travel-over-coronavirus\/\" target=_blank>restricting travel <\/a>unless for work reasons and shutting down most shops as it attempts to slow the spread of the virus.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fincantieri said that following a request from unions, it would suspend production in Italy from March 16 to March 29.<\/p>\n\n\n\t<aside class=\"smg-interstitial-link wp-block-smg-interstitial-link\">\n\t\t<a href=\"https:\/\/one.sightlinemg.com\/defensenews\/congress\/2020\/03\/09\/coronavirus-shaking-up-americas-defense-industry\/\" class=\"smg-interstitial-link__inner\">\n\t\t\t\t\t\t\t<div class=\"smg-interstitial-link__media\">\n\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"300\" height=\"206\" src=\"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-1205321878.jpg.jpg?w=300\" class=\"smg-interstitial-link__image wp-post-image\" alt=\"\" \/>\t\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"smg-interstitial-link__content\">\n\t\t\t\t<span class=\"smg-interstitial-link__kicker\">Related<\/span>\n\t\t\t\t<h3 class=\"smg-interstitial-link__title\">Coronavirus shaking up America\u2019s defense industry<\/h3>\n\t\t\t\t\t\t\t\t\t<p class=\"smg-interstitial-link__excerpt\">The U.S. aerospace and defense sector is feeling the impact of the coronavirus, with companies limiting travel, defense trade events scuttled and contingency planning underway.<\/p>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/a>\n\t<\/aside>\n\t\n\n\n<p class=\"wp-block-paragraph\">Fincantieri tried to reduce its exposure to the virus through teleworking and halting of business travel by staff.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Italy\u2019s other major defense company, Leonardo, said this week it could not rule out the \u201ctemporary, partial and targeted suspension of operations of certain departments within production sites.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The firm also said marketing campaigns, supply chains, production and delivery times would likely be affected by the crisis. Leonardo expects to give an up update on impact of the virus on its financial performance soon. It reported revenue of 13.8 billion euros in 2019, up 12.6 percent year over year, thanks to healthy performance by its defense electronics and security and aeronautics divisions.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Italy\u2019s other major defense company, Leonardo, said this week it could not rule out the \u201ctemporary, partial and targeted suspension of operations of certain departments within production sites.\u201d<\/p>\n","protected":false},"author":7,"featured_media":25704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":12,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[37,9,160,46,11,12,16,36],"tags":[],"coauthors":[3345],"class_list":["post-60576","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-breaking-news","category-coronavirus","category-daily-news-roundup","category-europe","category-global","category-industry","category-naval","category-newsletters"],"acf":{"subheadline":"","legacy_arc_id":"CFRFUBCWMNH3ZDRG67TT5652XE","arc_canonical_url":"\/industry\/2020\/03\/14\/fincantieri-suspends-operations-amid-coronavirus-crisis\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented By:"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.0 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Fincantieri suspends operations amid coronavirus crisis - Defense News<\/title>\n<meta name=\"description\" content=\"Italy\u2019s other major defense company, Leonardo, said this week it could not rule out the \u201ctemporary, partial and targeted suspension of operations of certain departments within production sites.\u201d\" \/>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fincantieri suspends operations amid coronavirus crisis\" \/>\n<meta property=\"og:description\" content=\"Italy\u2019s other major defense company, Leonardo, said this week it could not rule out the \u201ctemporary, partial and targeted suspension of operations of certain departments within production sites.\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2020\/03\/14\/fincantieri-suspends-operations-amid-coronavirus-crisis\/\" \/>\n<meta property=\"og:site_name\" content=\"Defense News\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-14T00:07:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-08T00:29:45+00:00\" \/>\n<meta name=\"author\" content=\"Tom Kington\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tom Kington\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": 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