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# Fincantieri CEO Folgiero says Europe must build underwater defence
- URL: https://sovereigntymonitor.eu/news/2025-05-27-fincantieri-folgiero-underwater-defence-opinion/
- Published: 2025-05-27T12:00:00.000Z
- Updated: 2026-10-22T04:01:26.000Z
- Description: Fincantieri CEO Pierroberto Folgiero told the Financial Times Europe must take responsibility for Mediterranean underwater defence. He said higher defence budgets should be spent better, as Fincantieri's underwater unit targets 8 percent of revenue by 2027.
- Author: Reidar Balstad
- Tags: Defence and space, #news, #reported, #opinion, #ai-drafted

Reported Opinion AI-drafted [Business Insider, 27 May 2025](https://www.businessinsider.com/europe-largest-shipbuilder-fincantieri-urges-continent-boost-undersea-defenses-russia-2025-5?ref=sovereigntymonitor.eu)

**What it does not test.** This does not establish any new government funding decision or contract, only the chief executive's own position and his company's revenue target.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)