EDGE Group and CMN NAVAL have announced the creation of a new joint venture, AD NAVAL (ADN), based in Abu Dhabi. The partnership will focus on manufacturing corvettes, offshore patrol vessels (OPVs), and high-speed interceptors, expanding EDGE’s capabilities in the naval sector.

EDGE and CMN NAVAL establish multi-billion euro joint venture for naval shipbuilding

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  The joint venture will manage an existing commercial order pipeline valued at approximately EUR 7 billion. Under the agreement, EDGE will hold a 51% stake, with both companies collaborating on sales, engineering, and commercial activities. AD NAVAL will benefit from CMN NAVAL’s expertise in ship design and engineering, while EDGE will establish a dedicated […]

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