Naval Group News

British defence, marine and industrial firm Inocea Group is in talks to buy warship builder German Naval Yards Kiel (GNYK), a person familiar with the matter said, highlighting growing demand for defence assets fuelled by geopolitical tensions.The interest suggests bidding competition for GNYK, given the CEO of Germany's TKMS said last week the world's largest maker of non-nuclear submarines was considering a bid for the company headquartered in the same port city of Kiel.Defence companies and investors across Europe are moving to expand industrial capacity…

Italy's government has asked parliament to approve a 2.4-billion-euro ($2.82 billion) investment over 15 years for the maintenance and modernisation of its frigate fleet, a parliamentary document seen by Reuters showed.The plan comes as Italy moves to gradually increase its defence spending to comply with higher NATO targets, after the alliance members agreed to a U.S. demand to boost their annual defence budgets to 5% of gross domestic product.The programme, to 2039, is aimed…

Sweden will choose a supplier for its multi-billion Swedish crown acquisition of four new frigates early next year, the defence minister said on Monday.Sweden is in an intense buildup of its forces in the wake of Russia's invasion of Ukraine and is looking to increase its navy fleet with bigger ships."I think and I hope that we can make a decision by early next year in regards to our new frigates program," Swedish Defence Minister Pal Jonson told a news conference with the French…

Warship builder TKMS rode a global defence boom to reach a valuation of 6.3 billion euros ($7.35 billion) in its blockbuster stock market debut on Monday, surpassing that of parent and main shareholder Thyssenkrupp.The listing of TKMS is the German conglomerate's latest move to simplify its structure and take advantage of growing demand for defence assets.Shares in Thyssenkrupp, which will keep a 51% stake in TKMS after the spin-off, were down 19% at 1109 GMT, reflecting the transfer of the stake in the naval vessel business…

TKMS, the defence business that German conglomerate Thyssenkrupp aims to spin off this autumn, plans to raise its profit margin to more than 7% to close a gap with rivals, banking on soaring military demand amid fears of Russian aggression.TKMS, which makes submarines, frigates as well as sensor and mine-hunting technology, has more than tripled its order backlog in five years. It now stands at 18.6 billion euros ($21.8 billion) as governments around the world beef up warship fleets.In the medium term…

Rheinmetall has agreed to buy Luerssen Group's warship division, NVL, as the German defence group seeks to expand in Europe and tap increased military spending across the continent.The move announced on Sunday by Rheinmetall, Europe's biggest ammunition maker, comes as a long-awaited consolidation in Germany's naval sector picks up speed, with submarine and frigate maker TKMS to be spun off from parent Thyssenkrupp next month.It also highlights Rheinmetall's ambitions to grow in Europe…

Vestdavit has bolstered its position as a supplier of boat-handling systems to navies worldwide after landing an order to deliver multiple davits and painter booms for a series of Offshore Patrol Vessels (OPVs) contracted by the French Navy at domestic yards.The davit deal covers delivery and commissioning of a total of 14 PLR-5004-type davits, as well as 14 PBH-2500 painter booms, for the seven OPV newbuilds–two davits per vessel—that are being built as part of the French Ocean Patrol Vessel Program…

KERSHIP has launched the construction of the first of two OPV 60M offshore patrol vessels for the Montenegrin Navy at its Lorient shipyard in France.The vessels will be named Petar I and Petar II in respect for the sovereign of Montenegro.The OPV 60M, the result of an optimized design, will enable the Montenegrin Navy to carry out a wide range of missions: protection of strategic infrastructure, border control, anti-piracy, sea rescue operations, pollution response, and humanitarian aid.

The Vlissingen, the second of the series of mine countermeasures vessels (MCM) of the Belgian-Dutch rMCM program, first intended for the Royal Netherlands Navy, has commenced sea trials.The specialized and cyber secured by design MCM vessels are the first to have the capability to embark and launch a combination of surface drones (themselves 12-metre, 19- tonne vessels), underwater drones and aerial drones.The mine countermeasures vessels will use a mainly autonomous system for detection…

India's defence ministry said on Monday it had signed a 19.9 billion rupees ($233 million) contract with Mazagon Dock Shipbuilders MAZG.NS for technology that allows submarines to stay underwater for longer.The ministry also signed a 8.7 billion rupees ($102 million) contract with France's Naval Group for integration of torpedoes on Indian navy submarines to increase their firepower.

Singapore commissioned two new advanced submarines on Tuesday, vessels its navy says are meant to protect sea lines of communication, and which experts said would range beyond the waters of the tiny city-state to keep tabs on the region.The country's fifth and sixth submarines, the Invincible and the Impeccable, were ordered from Germany's ThyssenKrupp Marine Systems in 2013 in a 1-billion-euro deal, and join older Archer- and Challenger-class boats.They represent a technological step forward for Singapore's fleet…

Thyssenkrupp appealed against a decision by the Netherlands last month to award a contract worth billions of euros to build submarines to France's Naval Group, the German company said.Thyssenkrupp Marine Systems (TKMS), the German conglomerate's defence division, filed the objection with the District Court in The Hague in late March, the company said in an e-mailed statement."This measure is a professional business procedure in such publicly tendered major projects and part of the competition - especially in light of the questions that remain unanswered regarding specific evaluation criteria…

The presidents of France and Brazil on Wednesday launched a submarine built in the South American country with French technology in a program that aims to build Brazil's first nuclear-powered submarine by the end of the decade.Presidents Emmanuel Macron and Luiz Inacio Lula da Silva attended a ceremony in the Itaguai shipyard near Rio de Janeiro, launching the third diesel-powered submarine built in a $10 billion partnership.Brazil first lady Janja da Silva smashed a champagne…

The Dutch government on Friday said it had picked French defense company Naval Group to build four new submarines in coming decades in a long-brewing deal seen by politicians as a potential lifeline for the national shipbuilding industry.The government said the first two submarines would be operational within the next 10 years. It did not specify the exact value of the multi-billion euro contract.The submarines will be of a size to both operate in shallow waters and take part in missions far from base.The agreement still has to be approved by the Dutch parliament…

OCCAR (Organization for Joint Armament Cooperation) awarded Naviris and Eurosam a contract for the mid-life upgrade (MLU) of the Italian and French Horizon-class frigates. The two co-contractors, Naviris and Eurosam, will work in close collaboration with their shareholders, Fincantieri and Naval Group for the frigate, MBDA Italia, MBDA France and Thales for the new generation of the Principal Anti-Air Missile System & Long-Range Radar (PAAMS & LRR).The value of the contract for Naviris and eurosam is $1.7B.

During a ceremony organized on July 18, 2023 in Toulon, its home port, the Jacques Chevallier, the first of the four force supply vessels (BRF) of the "Logistics Fleet" program (FlotLog), was received by the Directorate General of Armaments (DGA) for delivery to the French Navy.Launched in 2019 and built in Saint-Nazaire by Chantiers de l'Atlantique and Naval Group, the Jacques Chevallier returned to its home port of Toulon in March 2023 to carry out a sea trial campaign dedicated…

The launch of the bow section of the second logistic support unit LSS (Logistic Support Ship) ordered from Fincantieri by Chantiers de l'Atlantique under the FLOTLOG ("Flotte logistique") program took place at the Castellammare di Stabia shipyard.The FLOTLOG program envisages the construction of four Logistic Support Vessels (LSS) for the French Navy by the temporary consortium formed by Chantiers de l'Atlantique and Naval Group under the French-Italian LSS program led by OCCAR (Organization for the joint armaments cooperation) on behalf of DGA…

During the recent Paris Air Show, representatives of France and Italy signed a Memorandum of Understanding on the Mid-Life Upgrade (MLU) of the four Horizon frigates of the Italian and French Navies. The modernization will be entrusted to Naviris, the 50/50 joint venture of Fincantieri and Naval Group, and to Eurosam, a consortium formed by MBDA and Thales.The cooperation will cover the overall modernization of the frigates, with particular attention to the anti-aircraft defense system (including radars, weapons and their command and control), the combat platform and system, and the electronic warfare system which will be common to both nations.The Horizon frigates were originally built between 2000 and 2010 as part of a joint program between Fincantieri and the Naval Group…

When it comes to war, the old adage that the best defense is a good offense rings true. Nowhere is this more the case than naval warfare, where initiative can make the difference between victory and defeat. As an integral part of naval warfare, mine warfare – both mine countermeasures and mine laying, or “offensive” mine warfare - will continue to influence naval operations. Yet the latter of these sub disciplines - the “other” mine warfare, as Admiral James Winnefeld, Jr. calls it - has often been missing from mine warfare discussions.

The SafeNav (Safer Navigation) maritime safety project, co-funded by the European Commission and UK Research and Innovation (UKRI), was officially launched on September 1.The EUR 8 million project aims to beat a path towards safer and more secure bridge navigation today while moving toward tomorrow’s world of remote operations and autonomous shipping. “The ambition and objective of the project is to develop and test a highly innovative collision-prevention solution that will significantly reduce the probability of collisions and groundings…

In August, 2021, after years of delays, cost overruns, and rising tensions, the Australian government canceled a A$90 billion order with France’s Naval Group for 12 conventionally powered submarines intended to replace the Royal Australian Navy (RAN)’s aging fleet of six Collins-class attack subs. Overnight, the future of the RAN’s undersea warfare capability was cast into uncertainty. The very next month, however, the United States and the United Kingdom announced a plan to help Australia fill the void…

Stadt Naval was invited and approved as a partner in the European Naval Industry Consortium led by Fincantieri, Naval Group and Navantia (coordinated by NAVIRIS). The consortium submitted a proposal to the European Defence Fund (EDF) for the MMPC-call earlier this month.The Consortium aims to maximize synergies and collaboration between European shipbuilding companies and suppliers, through conceptual studies and a design-phase, aiming to develop a modular, flexible, energy-efficient…

France should not have been surprised that Australia cancelled a submarine contract, as major concerns about delays, cost overruns and suitability had been aired officially and publicly for years, Australian politicians said.Paris has recalled its ambassadors from Canberra and Washington, saying it was blindsided by Canberra's decision to build nuclear-powered submarines with the United States and Britain rather than stick with its contract for French diesel submarines.Yet as early as September 2018, an independent oversight board led by a former U.S.