Fincantieri inks lease with Everett Port for U.S. Navy support

The port of Everett inks lease with subsidiary Fincantieri Marine Repair (FMR), part of the Fincantieri group’s network featuring 18 shipyards located on four continents, to support U.S. Navy assets.

This spring Fincantieri is expanding its presence to the port marking its first location in Washington state.

The port’s commission on March 12 unanimously approved a new one-year lease to establish an FMR office at the port’s marina village at waterfront place.

The U.S. Navy plans to homeport up to 12 new constellation-class guided-missile frigates at Naval Station Everett, adjacent to the Port of Everett’s international Seaport.

The FMR office at the port of Everett will provide post-delivery support and crew training for these frigates.

Fincantieri was awarded a $795m contract in 2020 to build a Constellation-class frigate with options for up to nine additional vessels.

So far the navy has utilized three of the options for more vessels from Fincantieri’s American arm.

The delivery of Fincantieri’s first Constellation-class frigate is expected in 2028.

Shawn Johnston, FMR’s vice president of government Affairs and Growth, said: “Fincantieri is a natural fit to provide sustainment services for the Constellation-class frigates, many of which will be homeported in Everett in the years to come.”

Lisa Lefeber, chief executive of Port of Everett, noted: “A new Fincantieri support center in Everett is the start of a strong economic opportunity for the base.

“Naval Station Everett is the second largest job creator in Snohomish County, so the Port has been investing heavily to further support trade, jobs and national defense.”

The port of Everett is one of the only 18 Strategic Commercial Seaports nationwide, five of which are positioned along the U.S. West Coast.

Source: Port Everett.