Europe’s largest shipbuilder calls on bloc to build up underwater defences

Europe's largest shipbuilder says the continent must spend bigger and better on underwater defenses

Chris Jung/NurPhotoThe CEO of Fincantieri called on Europe to scale up its subsea defenses in the face of rising threats.Pierroberto Folgiero told the FT it's time for Europe to take "responsibility" for subsea defenses.This comes amid intensifying Russian threats and reduced US commitments to the region.The CEO of Italian shipbuilder Fincantieri said Europe needs to boost its subsea defenses amid intensifying threats and weakening US security g…

Europe’s largest shipbuilder calls on bloc to build up underwater defences

Fincantieri CEO says threat of attacks on subsea cables and other critical marine infrastructure will increase

The Director-General of Finance, the largest shipbuilder of Europe, asked European countries to strengthen their sub-water defence capacity in the context of the growing threats and withdrawal of the US from the region. The Mediterranean Sea, a crucial geopolitical area, has always been dominated by Russian and American submarines, and now the responsibility for sub-water defence is coming back to Europe. Financiers intend to double their sub-wa…