Latest news with #GeorgeMoutafis
Business Wire
4 days ago
- Business
- Business Wire
Fincantieri Brings Together Thought Leaders to Discuss U.S. Shipbuilding Renaissance
WASHINGTON--(BUSINESS WIRE)--Fincantieri, the global leader in high-complexity shipbuilding, hosted 'FULL SPEED AHEAD: The U.S. Shipbuilding Renaissance' yesterday in Washington, D.C., bringing together senior voices from government, industry, and the national security community to examine the strategic future of American maritime power. 'This is a defining moment for American shipbuilding—and Fincantieri is here to stay." Share The event opened with remarks from George Moutafis, newly appointed CEO of Fincantieri Marine Group (FMG), and Jan Allman, CEO of Fincantieri Marinette Marine, who reaffirmed the company's long-term commitment to the United States through its unique 'System of Shipyards' across Wisconsin. This advanced industrial network—operating in Marinette, Sturgeon Bay, Green Bay and Florida —employs more than 3,000 people and stands as a cornerstone of Midwest manufacturing resurgence. Moderated by Vice Adm. Rick Hunt, President of FMG, the expert panel featured Dr. Cynthia Cook (Center for Strategic and International Studies), Hon. Russell Rumbaugh (Atlantic Council), and Dr. Stacie Pettyjohn (Center for a New American Security). The discussion focused on the evolving defense-industrial landscape and how the U.S. can rebuild a resilient, sovereign shipbuilding base. Closing the event, Pierroberto Folgiero, CEO and Managing Director of Fincantieri, stated: 'This is a defining moment for American shipbuilding—and Fincantieri is here to stay. We are not just investing in infrastructure; we are investing in the future of maritime security, industrial innovation, and the skilled workforce that powers it. With a new management team leading our U.S. operations, we are accelerating our commitment to deliver next-generation capabilities in full alignment with U.S. strategic priorities.' Looking ahead, Fincantieri is focused on strengthening every dimension of its U.S. presence. The company is advancing innovation across its operations to deliver mission-driven platforms and digitalized shipyards. It is also expanding its supplier base to ensure long-term industrial sustainability while investing in the training and upskilling of the next generation of American shipbuilders. The company's Sustainable Shipyards™ model is setting a new standard for environmental and operational excellence, making shipbuilding not only stronger, but cleaner and more future-ready. With more than $800 million invested in U.S. facilities and over 900 suppliers across 43 states, Fincantieri brings to the table a proven industrial model, a resilient supply chain, and an experienced workforce of over 3,000 employees in Wisconsin. Leveraging its global expertise and advanced capabilities, Fincantieri stands ready to support the United States in strengthening its shipbuilding industrial base—through innovation, execution excellence, and long-term strategic partnership. Fincantieri is one of the world's largest shipbuilding groups, the only one active in all high-tech marine industry sectors. It is leader in the construction and transformation of cruise, naval and oil & gas and wind offshore vessels, as well as in the production of systems and component equipment, after-sales services and marine interiors solutions. Thanks to the expertise developed in the management of complex projects, the Group boasts first-class references in infrastructures, and is a reference player in digital technologies and cybersecurity, electronics and advanced systems. With over 230 years of history and more than 7,000 ships built, Fincantieri maintains its know-how, expertise and management centres in Italy, here employing over 11,000 workers and creating around 90,000 jobs, which double worldwide thanks to a production network of 18 shipyards operating worldwide and with over 22,000 employees.
Bloomberg
02-07-2025
- Business
- Bloomberg
Fincantieri Set to Name Moutafis to Lead US Unit's Expansion
Fincantieri SpA is set to appoint George Moutafis as head of its US unit, according to people familiar with the matter, betting on an American shipbuilding revival under President Donald Trump. As chief executive officer of Fincantieri Marine Group, Moutafis will oversee an expansion set to include hundreds of hires, according to the people, who asked not to be named discussing private information. He previously held senior strategy and program roles at the US unit, and is returning after a stint as chief operating officer of Beretta US.
