Frigate Carlo Margottini (F 592) is the third of the FREMM Class frigates (European Multi-role Frigates) and the second in the ASW (Anti-Submarine Warfare) version.
The ship, built at Finantieri Shipyard, Riva Trigoso, was launched on June 29, 2013 and soon after transferred to Muggiano shipyard to complete her fitting out and sea trials.

On February 27, 2014, Carlo Margottini was delivered to the Italian Navy. The frigate is headquartered at La Spezia Naval Base under the authority of the 2nd Naval Group Command.

In the history of the Italian Navy, the first frigate to bear the same name served in the Italian Navy from 1962 to 1988. The ship F595 was built at Castellammare di Stabia shipyard, laid down on May 5, 1957 and launched on June 12, 1960. Fitted out on May 5, 1962 and decommissioned in 1988. The Frigate was 94 meters long, had a 1560 tons displacement and could reach 26 knots. Armament consisted of 76/62 MMI guns, an anti-submarine depth-charge mortar and six triple torpedo tubes. The ship was propelled by diesel engines and could accommodate one 204 AB helicopter and 167 crewmembers.

The ship was named after the highly decorated Captain Carlo Margottini, commanding officer of destroyer Artigliere, who died during an attack by the British Cruiser HMS York in the Straits of Sicily, off Capo Passero, on October 12,1940. The motto of the ship was and still is: PER HUNDAS AD HOSTEM ("sailing the sea contrasting enemy"). 

Captain Carlo Margottini was awarded posthumously the Gold Medal for Military Valor.

The Crest of the FREMM unit depicts the silhouette of the ship. On a blue background are featured the motto and the optical badge (F 592). On the left is the effigy of the Gold Medal Commander Carlo Margottini. The crest is surmounted by the towered crown with rostra symbol of the Italian Navy, while the lower part is dubbed by the name of the Unit.