Ferretti Group Is Entering The Security and Defense Industry

The Ferretti Yachts for sale is diversifying its expansion strategy with its Ferretti Security and Defense division, which was officially presented this week at the conference room at the Temple of Hadrian in Rome.

“As a man born near the sea and an avid sailor, and on behalf of this government that has always believed in the economic and strategic value of our shipbuilding industry, it is my pleasure to welcome the advent of an Italian company like Ferretti Group in the security and defense sector, which is vitally important for our country,” Minister of the Interior Angelino Alfano said in a speech he gave at the conference.

The Navy, the Coast Guard and the Police are becoming increasingly involved in the monitoring and control of Italy’s coastlines, taking an active part in patrol, search and rescue missions, as well as having to deal with emergencies linked with migrants, trafficking and safety at sea. FSD was founded to handle this new scenario.

Ferretti Group’s new division will focus on designing, developing and producing a new range of high-tech naval platforms with mission profiles and specifications intended for the challenging conditions encountered during operations to guarantee the security, patrol and defense of our coastline and international and territorial waters.

With major investments worth about 50 million euros in product research and development, already leading to six new models being added to the range in 2015 and a total of 27 new products due within 2017, the group is expanding the scope of its operations and aims to meet the growing demand.

Ferretti Group is confirming its expansion and development plans with additional investments in research, development and manufacturing operations, all of which are carried out in Italy.

The first Fast Patrol Vessel built by Ferretti Security and Defence, called the FSD195, is a 20-meter vessel capable of reaching speeds in excess of 50 knots and with a range of more than 400 miles. It is already being built, and the first launch is scheduled for the coming summer.

“The group’s superior expertise in terms of R&D, know-how relating to technology and innovation and the industrial capacity we have developed at our boatyards will also benefit the new FSD division, founded by the group to diversify its operations and enter the field of security and defense,” said Alberto Galassi, CEO of Ferretti Group.

“FSD’s mission is to develop vessels with a high technology content whose performance and efficiency meet the challenging demands faced by those answering the vitally important need for surveillance and who guarantee the safety of our waters, an issue that has always been associated with all of the operations undertaken by our group.”

Source: TradeOnlyToday