Fincantieri, through its subsidiary WASS Submarine Systems, has secured a significant order from the Ministry of Defense of the Kingdom of Saudi Arabia for the supply of MU90 Lightweight Torpedoes.
With a price exceeding 200 million euros (approx. A $335 million) the agreement is allegedly the largest contract in WASS ’ 150 year history.
The contract signing was announced during the 2026 World Defence Show exhibition, which is currently taking place in Riyadh, by CEO of WASS, Andrea Adorni, and Deputy Minister of Armaments and Procurement from the Ministry of Defense of the Kingdom of Saudi Arabia, Ibrahim bin Ahmed al-Suwayed.
Also attending were Assistant Minister of Executive Affaires of the Saudi Ministry of Defense, Khalid Bin Hussien AlBayari, and Fincantieri’s CEO and Managing Director, Pierroberto Folgiero.
The program will be managed by WASS facility in Livorno, Italy and deliveries have been forecasted between 2029 and 2030.
The MU90 torpedo, a part of the third generation Lightweight Torpedoes (LWTs), is already in service with the navies of Italy and of more than 10 other countries.
According to the company, the MU90 torpedo can be deployed by a wide range of platforms, including surface vessels, fixed or rotary wing aircraft.
In addition to the torpedoes, the contract will also include the supply of logistic support service for the RSNF. This operation is the first contract which has been signed by WASS directly with the Saudi Arabian Ministry of Defense.