Opportunities for industrial cooperation in the heavy torpedo and countermeasure sector will be explored.
Fincantieri, through its subsidiary WASS Submarine Systems, which is active in the design and development of advanced systems for underwater defense, and the Canadian Magellan Aerospace Corporation have signed a memorandum of understanding aimed at identifying and developing areas of industrial cooperation to strengthen Canadian defense sovereignty and enhance the country’s underwater defense capabilities. The agreement was signed on the occasion of CANSEC 2026, the main defense fair held in recent days in Ottawa, Canada.
Within the scope of this collaboration, WASS Submarine Systems and Magellan will work jointly to explore opportunities for Canadian industrial participation in the heavy torpedo and countermeasure systems sector. The areas subject to collaboration include the production of components, energy sections and subassemblies, final assembly and factory testing activities, as well as maintenance and operational support throughout the systems’ life cycle.
The agreement represents a basis for progressive cooperation between the two companies, contributing to the development in Canada of a sustainable and competitive industrial capability along the entire life cycle of underwater defense systems. Thanks to the combination of WASS’s consolidated experience in underwater defense systems and Magellan’s established industrial presence on Canadian soil, the collaboration aims to support the long-term development of sovereign capabilities in the underwater domain, to strengthen the involvement of local industry, and to foster sustainable management of activities in the country.
