{"id":68741,"date":"2024-05-09T20:55:28","date_gmt":"2024-05-09T20:55:28","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/"},"modified":"2026-08-18T20:02:25","modified_gmt":"2026-08-18T20:02:25","slug":"fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/","title":{"rendered":"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">ROME \u2014 <a href=\"https:\/\/www.defensenews.com\/industry\/2024\/03\/07\/fincantieri-in-talks-to-buy-leonardos-torpedo-business-source-says\/\" target=\"_blank\">Fincantieri has acquired Leonardo\u2019s torpedo unit<\/a> for up to \u20ac415 million (U.S. $446 million), the two Italian firms announced Thursday, bolstering the former\u2019s ambition to become a major player in the undersea warfare business.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">State-controlled shipyard Fincantieri will pay \u20ac300 million, plus an additional sum of up to \u20ac115 million based on the unit\u2019s performance in 2024, the companies said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fincantieri, which already builds submarines for the Italian Navy, will undertake a capital increase of \u20ac400 million to cover the purchase. That could rise, as subscribers to the capital increase will be given the chance to participate in a second capital increase of up to \u20ac100 million, the yard said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Originally known as WASS, the torpedo unit saw \u20ac160 million in revenue last year and holds a 50% stake in GEIE EuroTorp, a joint venture with French firms Naval Group and Thales to market the MU90 light torpedo.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">WASS, which stands for Whitehead Alenia Sistemi Subacquei, traces its origins to Englishman John Whitehead, who developed the world\u2019s first effective self-propelled torpedo in 1875 in Fiume \u2014 then part of the Austro-Hungarian empire, and now in Croatia.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Leonardo, which the Italian government also controls, has for several years sought a buyer for WASS. The parent firm is increasingly focused on planes, helicopters and electronics.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">WASS neatly fits with Fincantieri\u2019s drive to become an integrator in the undersea business, a sector it believes will be worth \u20ac100 billion between 2024 and 2028.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe underwater domain is becoming increasingly relevant for military and security issues concerning <a href=\"https:\/\/www.defensenews.com\/global\/europe\/2023\/07\/19\/seafloor-drone-garages-italy-weighs-new-tech-to-protect-vital-cables\/\" target=\"_blank\">critical subsea infrastructures<\/a> such as gas pipelines, cables for telecommunications and electrical transmissions, as well as for the surveillance of marine mineral deposits,\u201d Fincantieri said in its statement.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Undersea technology was doubly important in the <a href=\"https:\/\/www.defensenews.com\/information-warfare\/2024\/02\/14\/houthi-rebels-present-little-threat-to-undersea-cables-us-admiral-says\/\" target=\"_blank\">Mediterranean Sea<\/a>, where activities \u201csuch as intelligence, surveillance, defence, and deterrence are experiencing strong growth, necessitating a dedicated industrial focus,\u201d the firm added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">To increase its clout in the sector, Fincantieri is partnering at a new sub-sea center in La Spezia, Italy, bringing together industry, the Italian Navy and academia to work on programs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fincantieri also signed a deal last year to work with Leonardo on drones to protect undersea cables and pipelines. In December, the former it bought local firm Remazel, which manages sub-sea operations for the oil and gas sector, and has signed a memorandum of understanding to team with WSense, an Italian startup using Norwegian technology to develop underwater communications based on acoustic and optical signals.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Fincantieri is also working with C.A.B.I. Cattaneo, an Italian supplier of underwater vehicles to Italy\u2019s naval special forces.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Originally known as WASS, the torpedo unit saw \u20ac160 million in revenue last year.<\/p>\n","protected":false},"author":7,"featured_media":113153,"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":[160,46,11,12,16,36],"tags":[8616],"coauthors":[3345],"class_list":["post-68741","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news-roundup","category-europe","category-global","category-industry","category-naval","category-newsletters","tag-italy"],"acf":{"subheadline":"","legacy_arc_id":"T2D3U7AJUVGENO4TJ7USLJMODQ","arc_canonical_url":"\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/","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 buys Leonardo\u2019s torpedo unit in deal that could reach $446M - Defense News<\/title>\n<meta name=\"description\" content=\"Originally known as WASS, the torpedo unit saw \u20ac160 million in revenue last year.\" \/>\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 buys Leonardo\u2019s torpedo unit in deal that could reach $446M\" \/>\n<meta property=\"og:description\" content=\"Originally known as WASS, the torpedo unit saw \u20ac160 million in revenue last year.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/\" \/>\n<meta property=\"og:site_name\" content=\"Defense News\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-09T20:55:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-08-18T20:02:25+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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"Article\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"migration\",\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#\\\/schema\\\/person\\\/cc76c831bb37a926738c8391fca7a3b1\"\n\t            },\n\t            \"headline\": \"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M\",\n\t            \"datePublished\": \"2024-05-09T20:55:28+00:00\",\n\t            \"dateModified\": \"2026-08-18T20:02:25+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/\"\n\t            },\n\t            \"wordCount\": 434,\n\t            \"commentCount\": 0,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/GettyImages-918594216.jpg.jpg\",\n\t            \"keywords\": [\n\t                \"italy\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Daily News Roundup\",\n\t                \"Europe\",\n\t                \"Global\",\n\t                \"Industry\",\n\t                \"Naval\",\n\t                \"Newsletters\"\n\t            ],\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"CommentAction\",\n\t                    \"name\": \"Comment\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/#respond\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/\",\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/\",\n\t            \"name\": \"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M - Defense News\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/GettyImages-918594216.jpg.jpg\",\n\t            \"datePublished\": \"2024-05-09T20:55:28+00:00\",\n\t            \"dateModified\": \"2026-08-18T20:02:25+00:00\",\n\t            \"description\": \"Originally known as WASS, the torpedo unit saw \u20ac160 million in revenue last year.\",\n\t            \"breadcrumb\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/#breadcrumb\"\n\t            },\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/GettyImages-918594216.jpg.jpg\",\n\t            \"contentUrl\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/08\\\/GettyImages-918594216.jpg.jpg\"\n\t        },\n\t        {\n\t            \"@type\": \"BreadcrumbList\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/2024\\\/05\\\/09\\\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\\\/#breadcrumb\",\n\t            \"itemListElement\": [\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 1,\n\t                    \"name\": \"Home\",\n\t                    \"item\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/\",\n\t                    \"ad_zone\": \"home\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 2,\n\t                    \"name\": \"Industry\",\n\t                    \"item\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/industry\\\/\",\n\t                    \"ad_zone\": \"industry\"\n\t                },\n\t                {\n\t                    \"@type\": \"ListItem\",\n\t                    \"position\": 3,\n\t                    \"name\": \"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M\"\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/\",\n\t            \"name\": \"Defense News\",\n\t            \"description\": \"Covering the politics, business and technology of defense | Defense News\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#organization\",\n\t            \"name\": \"Defense News\",\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/defensenews-logo-white.png\",\n\t                \"contentUrl\": \"https:\\\/\\\/one.sightlinemg.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/defensenews-logo-white.png\",\n\t                \"caption\": \"Defense News\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            }\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/#\\\/schema\\\/person\\\/cc76c831bb37a926738c8391fca7a3b1\",\n\t            \"name\": \"migration\",\n\t            \"image\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=gcf4cb6ee0ec29e49e7a963234e4340ec\",\n\t                \"url\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=g\",\n\t                \"contentUrl\": \"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=g\",\n\t                \"caption\": \"migration\"\n\t            },\n\t            \"url\": \"https:\\\/\\\/one.sightlinemg.com\\\/defensenews\\\/author\\\/migration\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M - Defense News","description":"Originally known as WASS, the torpedo unit saw \u20ac160 million in revenue last year.","robots":{"index":"noindex","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"og_locale":"en_US","og_type":"article","og_title":"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M","og_description":"Originally known as WASS, the torpedo unit saw \u20ac160 million in revenue last year.","og_url":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/","og_site_name":"Defense News","article_published_time":"2024-05-09T20:55:28+00:00","article_modified_time":"2026-08-18T20:02:25+00:00","author":"Tom Kington","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Tom Kington","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/#article","isPartOf":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/"},"author":{"name":"migration","@id":"https:\/\/one.sightlinemg.com\/defensenews\/#\/schema\/person\/cc76c831bb37a926738c8391fca7a3b1"},"headline":"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M","datePublished":"2024-05-09T20:55:28+00:00","dateModified":"2026-08-18T20:02:25+00:00","mainEntityOfPage":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/"},"wordCount":434,"commentCount":0,"publisher":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/#organization"},"image":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/#primaryimage"},"thumbnailUrl":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-918594216.jpg.jpg","keywords":["italy"],"articleSection":["Daily News Roundup","Europe","Global","Industry","Naval","Newsletters"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/","url":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/","name":"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M - Defense News","isPartOf":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/#website"},"primaryImageOfPage":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/#primaryimage"},"image":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/#primaryimage"},"thumbnailUrl":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-918594216.jpg.jpg","datePublished":"2024-05-09T20:55:28+00:00","dateModified":"2026-08-18T20:02:25+00:00","description":"Originally known as WASS, the torpedo unit saw \u20ac160 million in revenue last year.","breadcrumb":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/#primaryimage","url":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-918594216.jpg.jpg","contentUrl":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-918594216.jpg.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/2024\/05\/09\/fincantieri-buys-leonardos-torpedo-unit-in-deal-that-could-reach-446m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/one.sightlinemg.com\/defensenews\/","ad_zone":"home"},{"@type":"ListItem","position":2,"name":"Industry","item":"https:\/\/one.sightlinemg.com\/defensenews\/industry\/","ad_zone":"industry"},{"@type":"ListItem","position":3,"name":"Fincantieri buys Leonardo\u2019s torpedo unit in deal that could reach $446M"}]},{"@type":"WebSite","@id":"https:\/\/one.sightlinemg.com\/defensenews\/#website","url":"https:\/\/one.sightlinemg.com\/defensenews\/","name":"Defense News","description":"Covering the politics, business and technology of defense | Defense News","publisher":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/one.sightlinemg.com\/defensenews\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/one.sightlinemg.com\/defensenews\/#organization","name":"Defense News","url":"https:\/\/one.sightlinemg.com\/defensenews\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/one.sightlinemg.com\/defensenews\/#\/schema\/logo\/image\/","url":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/06\/defensenews-logo-white.png","contentUrl":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/06\/defensenews-logo-white.png","caption":"Defense News"},"image":{"@id":"https:\/\/one.sightlinemg.com\/defensenews\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/one.sightlinemg.com\/defensenews\/#\/schema\/person\/cc76c831bb37a926738c8391fca7a3b1","name":"migration","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=gcf4cb6ee0ec29e49e7a963234e4340ec","url":"https:\/\/secure.gravatar.com\/avatar\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9e8d47be443ce94ce7fc357677b5f9c70235bb1f59e7267a102a74af58c04f59?s=96&d=mm&r=g","caption":"migration"},"url":"https:\/\/one.sightlinemg.com\/defensenews\/author\/migration\/"}]}},"jetpack_sharing_enabled":true,"distributor_meta":false,"distributor_terms":false,"distributor_media":false,"distributor_original_site_name":"Defense News","distributor_original_site_url":"https:\/\/one.sightlinemg.com\/defensenews","push-errors":false,"jetpack_featured_media_url":"https:\/\/one.sightlinemg.com\/wp-content\/uploads\/2026\/08\/GettyImages-918594216.jpg.jpg","_links":{"self":[{"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/posts\/68741","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/comments?post=68741"}],"version-history":[{"count":1,"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/posts\/68741\/revisions"}],"predecessor-version":[{"id":68749,"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/posts\/68741\/revisions\/68749"}],"wp:attachment":[{"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/media?parent=68741"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/categories?post=68741"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/tags?post=68741"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/one.sightlinemg.com\/defensenews\/wp-json\/wp\/v2\/coauthors?post=68741"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}