Industry

Naval Group signs contracts to support Greece’s defense industry
French shipbuilding major Naval Group has strengthened its commitment in favor of the Greek defense industry through the signature of new partnership agreements with six Hellenic companies in the frame of the Hellenic Industrial Participation (HIP) plan.

SEA secures 15-year deal to support Royal Navy’s vessel availability
Systems Engineering & Assessment (SEA), a subsidiary of Cohort PLC, has secured a 15-year contract with Thales UK to support the Royal Navy’s ship availability through the Maritime Sensor Enhancement Team (MSET) program.

New era for Harland & Wolff as Navantia launches major modernization works
The new owner of the Harland & Wolff shipyard in Belfast, Navantia UK, has initiated significant modernization work for the shipyard.

Saronic acquires Luisana shipyard, unveils next-gen ASV
US tech company Saronic has decided to acquire Gulf Craft, a Louisiana-based shipbuilder, to accelerate its growth into autonomous shipbuilding.

European shipbuilding giants join hands on Philippine Navy’s submarine project
Italian shipbuilder Fincantieri and its German counterpart thyssenkrupp Marine Systems (TKMS) have signed an industrial cooperation agreement as part of a broader strategic partnership to provide the Philippine Navy with advanced submarine capabilities solutions.

Russia unveils massive financial injection for naval sector: $100.8 billion for new warships
Russian President Vladimir Putin has unveiled a sweeping development strategy for the Russian Navy, outlining plans for a significant expansion and modernization through 2050.

New investment deepens Fincantieri’s stake in naval and submarine sector
Italian shipbuilding heavyweight Fincantieri has formalized its investment in WSense, a local deep-tech scale-up specialized in underwater monitoring and communication.

Aselsan: 21 systems upgraded on Turkish frigate in BARBAROS-MLU Project (VIDEO)
Turkish defense corporation Aselsan has completed the BARBAROS-Class Frigates Mid-Life Upgrade (BARBAROS-MLU) Project.

Fincantieri and Kayo team up to foster naval shipbuilding capabilities in Albania
Italian shipbuilding major Fincantieri has signed a Memorandum of Understanding (MoU) with Albanian company Kayo aimed at establishing a strategic collaboration to promote the development of the shipbuilding and naval industry in the Balkan country.

Naval Group, NORCE ink MoU to support innovation in defense sector
Naval Group and the Norwegian research organization NORCE have signed a partnership cooperation agreement.

Trio joins forces to build drone-capable naval support ships for Danish Navy
A new consortium, consisting of Karstensens Shipyard in Skagen, Hvide Sande Shipyard in Hvide Sande, and OSK Design, has been formed to construct naval support vessels for the Danish Navy.

Kongsberg, Hatteland Technology strengthen ties to boost defense sector
Kongsberg Defence & Aerospace and Hatteland Technology have signed a strategic agreement that secures continued deliveries of critical components for both maritime and air defense systems.

New multi-billion-euro joint venture in naval sector emerges
UAE-based defense and technology group EDGE Group and French naval shipbuilding specialist CMN Naval have formally agreed to create a new Abu Dhabi-based shipbuilding joint venture (JV) named AD NAVAL (ADN).

Atlas Elektronik receives LR’s UMS certificate for its uncrewed minehunter
Lloyd’s Register (LR) has awarded Unmanned Marine Systems (UMS) Certification to Atlas Elektronik UK (AEUK) for its RNMB Hydra vessel, an uncrewed Royal Navy surface vessel designed for mine sweeping and mine hunting tasks.