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Government Operations committee  Could I get 20 seconds of your time before we close?

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  Thank you very much. I really appreciate that. I want to convey a message from Fincantieri to you all. We discussed today very complex programs like the frigate program. As we said, from Fincantieri's side, in order to achieve the target, to be on time and to be within the budg

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  Can you translate that into English? I didn't receive a translation.

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  Generally, I don't talk about the proposals that come from others. I'll repeat that Fincantieri's proposal is very clear. Our proposal covers all the issues. We are acting as a global player, including in the transfer of technology—

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  We are confident in our cost. I cannot give you information about other—

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  The percentage is very low for the reason I explained before. We are talking about a well-proven and sea-proven ship. We have to tailor the ship to the [Inaudible—Editor] and to the user requirements, but we don't feel we have to completely change the design. The difference betw

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  We'll spend two hours discussing this in the future.

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  That's a good point. We can stay a couple of hours regarding this, but I have a few seconds to reply to this question. I come back again to the fact that we are talking about a well-proven design. When I say well-proven design, it means that these are proven at sea. We complete

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  In our proposal, we proposed to have a proper transfer of the technology in order to have all of the production in Canada. This is the future idea of our proposal, not the value of the proposal we did. The idea of our approach was to make a transfer of technology to have the loca

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  I don't know what the $70 billion is in reference to, because as I said before, and I want to remark again, the FREMM frigate has a different cost per unit. When I heard the $70 billion, we were out of mind.... I want to be clear regarding this. The price in the market of the FRE

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  It was our initiative. We were not contacted regarding this because we were confident at that time with a French partner on the value for proposal. We were confident on the price. We were confident on the quality. We were confident that our proposal, considering the discussion we

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  It's because Irving is capable. We know Irving. We know the skills and facilities. We feel that we could be the right partner. We could also be the right partner not only for the production, but for the complete management of the program. I want to underline the fact that the k

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  I'm sorry. Is that question to me?

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  Yes, I can reply in a general view regarding this. We are open, also, to consider the Quebec capabilities. It's not a problem. I repeat again, the problem is not the local shipyard. The problem is not the local capabilities. The problem is how you manage the program, considerin

May 3rd, 2022Committee meeting

Achille Fulfaro

Government Operations committee  As I said before, we wrote a letter regarding this. In this letter we wrote about the main issues and the areas that were unclear regarding this first level of bid, considering our experience in the international market and our experience in negotiating a very complex program wit

May 3rd, 2022Committee meeting

Achille Fulfaro