Fincantieri and PT PAL Signed Carrier Modernization Deal
The shipbuilders agreed to modernize the KRI Sriwijaya to expand its operational capabilities for modern defense needs.
Updated on Oct. 6, 2026 in Cruises

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Fincantieri and PT PAL Indonesia have signed a memorandum of understanding to modernize the aircraft carrier KRI Sriwijaya. The agreement aims to upgrade the former Italian Navy vessel, which was originally designed and built by the Italian shipbuilder.
Why it matters
The project seeks to enhance the capabilities of the vessel, which currently lacks the infrastructure required to host fixed-wing jets. This modernization effort will allow the ship to integrate new technology, including support for uncrewed aerial vehicles.
The KRI Sriwijaya is the former Italian Navy carrier Giuseppe Garibaldi, a ship originally constructed by Fincantieri. While the vessel currently cannot support fixed-wing jet operations, the new modernization plan includes features to accommodate uncrewed aerial vehicles.
The players
Fincantieri
Fincantieri is a major Italian shipbuilding company that specializes in the construction of cruise ships, naval vessels, and offshore structures.
PT PAL Indonesia
PT PAL Indonesia is a state-owned enterprise that focuses on shipbuilding, maintenance, and repair services for commercial and naval vessels.
KRI Sriwijaya
KRI Sriwijaya is a naval aircraft carrier currently serving in the Indonesian fleet after being acquired from the Italian Navy.
The details
Industrial teams are currently developing a formal roadmap to guide the transformation of the vessel's systems. The partnership between Fincantieri and PT PAL Indonesia establishes a comprehensive framework for the ship's refit and future operational readiness.
Timeline
September 24, 2026: The memorandum of understanding was officially signed in Jakarta.
Travel Outlook
This modernization project reflects the broader global trend of navies extending the service life of existing assets through modular refits. Such initiatives follow the Fincantieri shipbuilding industrial roadmap protocols to ensure legacy vessels remain compatible with modern aviation technologies.
This agreement signals potential shifts in regional naval logistics and maintenance requirements for the Indonesian maritime sector. Industry observers and regional partners may see changes in ship availability as the vessel undergoes its scheduled transformation phases.
The takeaway
The transformation of the KRI Sriwijaya highlights how older naval assets can be repurposed for new roles, such as drone operation, through targeted technological integration. Organizations looking to extend the lifecycle of their hardware can utilize these strategic refit models to maintain operational relevance.
Further reading
For more information on maritime vessels and fleet developments, explore the Cruises section.
Source note: This article includes information reported by Shephard Media.
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