Industry

Naval Group hands over third Argentinian multi-mission OPV
French defense contractor Naval Group has delivered the third out of four multi-mission offshore patrol vessels (OPV), built for the Argentinian Navy.

Naval Group lands design contract for French Navy’s future OPVs
French defense contractor Naval Group has received a contract from the French Defence Procurement Agency (DGA) for the preliminary and detailed design of the ocean patrol vessel (OPV) program.

OCEA floats out new French aluminum OPV
The new offshore patrol vessel (OPV) has just been launched by the OCEA shipyard and is now starting a phase of sea trials before its delivery scheduled for the beginning of the next year.

Russian Navy welcomes newest Project 636.3 submarine
The Russian Navy has commissioned its newest diesel-electric Project 636.3 submarine Magadan in St. Petersburg, the Russian Ministry of Defense revealed.

Naval vessels market value to reach $86.91 billion by 2027
The naval vessels market was valued at approximately $57.8 billion in 2020 and is anticipated to grow by more than 6% between the period 2021-2027, new report data shows.

OSI Maritime to provide navigation systems for German Navy’s frigates
Canada-based navigation solution provider OSI Maritime Systems (OSI) has been selected by Damen Naval to provide a navigation suite to the German Navy’s F126 program.

Australian Navy awards anti-submarine torpedo support contract to Thales
Defence contractor Thales Australia has secured a contract from the Australian Department of Defence to maintain the Royal Australian Navy’s (RAN) MU90 lightweight torpedo. The MU90 has been successfully supported by Thales Australia’s facility in Rockingham, Western Australia, since it entered into

WATCH: Russia conducts test-firing of Tsirkon hypersonic missile from submarine
The Russian Navy performed the first-ever test launch of a Tsirkon-class hypersonic missile from the Yasen-class nuclear-powered submarine.

US Navy establishes new helicopter squadron in Florida
The US Navy has established a new helicopter squadron, Helicopter Maritime Strike Squadron (HSM) 50, onboard naval air station Mayport in Florida.

BAE Systems starts delivery of new program to support Royal Navy
British arms, security, and aerospace company BAE Systems has started the delivery of the five-year Future Maritime Support Programme (FMSP) alongside the Ministry of Defence (MOD) for the Royal Navy.

Fincantieri launches Qatar’s third Al Zubarah-class corvette
Italian shipbuilder Fincantieri has launched the Qatar Amiri Navy’s (QEN) newest Al Zubarah-class corvette at its Muggiano (La Spezia) shipyard.

Boeing lands multi-million dollar contract to build five P-8A aircrafts
World’s largest aerospace company Boeing has won a contract from the US Navy to build five P-8A Poseidon aircraft for Germany.

UK’s Type 45 destroyers to undergo £500M upgrade
The Royal Navy’s Type 45 destroyers will receive a £500 million upgrade to enhance their firepower capability, the UK Ministry of Defence (MOD) said.

Germany, Norway seal deal for six Type 212CD submarines
The procurement organizations of Germany and Norway have signed a contract with thyssenkrupp Marine Systems (TKMS) for the construction of six Type 212CD (common design) class submarines.