Fincantieri and PT Republik Palindo Internasional (RPAL), a subsidiary of Indonesia’s privately owned defence industrial holding company Republikorp, have signed an agreement to establish a joint venture. The deal was signed during Euronaval 2026 in Paris.
The venture will pursue opportunities in Indonesia’s naval defence sector, covering the marketing, design, construction and sale of selected platforms, including multi-role surface vessels, submarines and next-generation corvettes. It will also provide lifecycle support for vessels intended for Indonesia’s Ministry of Defence.
The partners plan to combine Fincantieri’s expertise in complex naval vessel design and construction, system integration and lifecycle support with RPAL’s industrial capabilities and knowledge of Indonesia’s domestic landscape. Their work will include upgrading shipyard facilities, training local personnel and developing the domestic supply chain.
