Capital Investments

German Navy christens fifth and final K130 Batch II corvette
The German Navy has christened the fifth and final K130 corvette (Braunschweig-class) from the second batch of the vessels.

TKMS and Skaramangas Shipyards to upgrade Hellenic Navy’s Type 214 submarines
German shipbuilder TKMS and Greece’s Skaramangas Shipyards entered into an agreement to jointly execute the mid-life upgrade (MLU) program for the four HDW class 214 submarines of the Hellenic Navy.

Steel cut for Polish Navy’s third and final Miecznik frigate
Construction of the Polish Navy’s third and final Miecznik frigate, Huragan, has started at PGZ Stocznia Wojenna in Gdynia with the symbolic cutting of the first steel plates.

Fincantieri and KAYO launch JV to build and maintain Albanian Navy’s fleet
Italian shipbuilding major Fincantieri and Albania’s KAYO have signed a joint venture agreement (JVA) to establish a joint venture (JV) operating in the construction and maintenance of naval vessels in Albania.

Global Combat Ship partnership welcomes fourth member
Norway has joined the navies of the UK, Canada, and Australia to forge a formidable future Global Combat Ship partnership.

Fincantieri to upgrade PPA vessels to ‘full combat system’ configuration
Italian shipbuilder Fincantieri has signed a contractual integration for the PPA (Multipurpose Combat Ship) program, aimed at upgrading the PPA-class vessels to the ‘full combat system’ configuration.

Exail and JFD join forces to support MCM capabilities in UK
Exail and JFD Global have signed a Pre-bid agreement to explore a future collaboration that will include UK-based maintenance, training and support services, to establish a long-term industrial partnership supporting the evolution and sustainment of modern mine countermeasure (MCM) capabilities in t

Indra, IDV to deliver 34 amphibious combat vehicles for Spanish Marines
Indra and IDV, the land defence arm of Leonardo, have secured a strategic agreement to deliver Spain’s new Marine Infantry amphibious combat vehicles (VACIMs).

NHIndustries inks NH90 Block 2 architecture study contract
The NATO agency in charge of the NH90 program, NAHEMA, has signed a contract with NHIndustries, a consortium between Airbus, Leonardo, and GKN Aerospace, to launch the NH90 Block 2 architecture study.

UK’s aircraft carrier returns to sea after major refit
Royal Navy’s aircraft carrier HMS Queen Elizabeth has departed the Rosyth Dockyard following the completion of a significant planned maintenance program, shipbuilder Babcock revealed.

Exail’s DriX H-9 selected for defense counter-UAS program
Exail has secured a new contract for its long-range uncrewed surface vehicle (USV), the DriX H-9, with a leading defense research organization.

Vestdavit introduces AutoHook autonomous launch and recovery system for USV
Vestdavit has introduced its new AutoHook system, a fully autonomous launch and recovery solution designed to support unmanned surface vessels (USVs) and other maritime assets.

Indra to equip Type 212CD submarines with electronic warfare and radar systems
Defense company Indra has signed a new contract with Kongsberg Defence & Aerospace (KDA) for the supply of electronic warfare and radar systems for the six additional submarines of the Type 212CD program.

TKMS and Navantia ink MOU to explore naval cooperation
German defense giant TKMS has signed a Memorandum of Understanding (MOU) with Spanish shipbuilder Navantia to explore strategic cooperation on naval projects in Europe, NATO, and worldwide.