Italy, Nov. 6 -- Navantia and Fincantieri have signed a Heads of Agreement at Euronaval in Paris establishing an incorporated joint venture for the respective national European Patrol Corvette (EPC) programmes and related export opportunities.The signing represents a further step in the cooperation between the Spanish and Italian shipbuilders following the Memorandum of Understanding signed on 13 February 2026. The Heads of Agreement records the principal understandings reached by the parties and provides a framework to guide the negotiation of the definitive joint venture documentation.The joint venture will be at the heart of the EPC programme, taking overall responsibility for their development and acting as the contracting entity for th...