Italy begins this scenario economically weak and in need of infrastructure investment, but it has also acquired Austrian industrial assets after the First World War. Completing the four Caracciolo hulls slowly would use equipment already purchased, provide unified employment, and preserve the capability needed for later construction. The remaining treaty allowance could support four more modern ships in the 1930s instead of expensive reconstructions of older dreadnoughts. If a Caracciolo entered service before Britain's new ships, its 28-knot combination of speed and protection could set the benchmark for the fast-battleship era. That prospect would push the Royal Navy away from slow Nelson-style successors. Italy might also keep fifteen-inch guns in the next generation because a single calibre simplifies supply and industrial support.
Notable Point · 58:37-1:03:21
Caracciolos as an industrial and logistical programme
Completing the four Caracciolos could preserve employment and absorb existing material before Italy builds a second generation of fast battleships.