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Fincantieri, rumors of a major Portuguese order

23/02/2026

According to the latest rumors, the government  in Lisbon has selected the Italian group Fincantieri as the supplier of three FREMM Evo frigates, worth an estimated €3 billion.

The rumor represents a potentially significant development for Fincantieri, both due to the size of the order and the strategic nature of the client.

This would be a high-profile European contract, coming at a particularly sensitive time, following recent disappointments in the tenders in Norway and Poland.

Analysts emphasize that, in view of the new 2026-2030 strategic plan expected in the first quarter, the stock's real upside remains concentrated in naval and underwater pipelines.

SIM also gives Fincantieri an "outperform" rating, with a target price of €25.1.

Source: Sole 24 Ore

 Fincantieri, rumors of a major Portuguese order

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