Fincantieri SpA will relocate parts of its cruise-ship production abroad while deepening its focus on military shipbuilding within Italy as part of its new five-year business plan. The move signals a strategic pivot away from the volatile cruise market towards securing defense contracts.

This shift is driven by intense competition and overcapacity in the global cruise industry, pushing the Italian shipbuilder towards more stable government-funded projects. Italy stands to gain a strengthened domestic defense industry, while Fincantieri aims to capitalize on defense contracts to offset cruise market pressures. The company did not specify relocation destinations or exact production volumes, but the plan underscores a clear prioritization of military orders over leisure vessels.