shipbuilding

Hadrian has opened a new advanced manufacturing facility in Cherokee, Alabama to support U.S. Navy Columbia- and Virginia-class submarine programs. The site, known as Factory 4, is designed to mass-produce critical components and help accelerate submarine construction.

Hadrian opens ‘Factory of the Future’ in Alabama to boost U.S. Navy nuclear submarine production capacity

  The 2.2 million square foot facility will operate as a highly automated “factory of the future,” producing parts, assemblies and finished products identified as key drivers of submarine production timelines. Increased output is expected to reduce bottlenecks and enable faster delivery of submarines. The project is funded through a public-private partnership combining $900 million

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In December 2024, Germany's Bundestag budget committee has approved funding for the construction of six Type 127 air defence frigates, including five confirmed vessels and an option for a sixth. These advanced ships will replace the three Sachsen-class (Type 124) frigates commissioned between 2004 and 2006, which are set to be retired in the early 2030s.

TKMS order backlog hits record €18.7 billion as leading German shipbuilder upgrades sales outlook for 2025/26

  The company said sales remained broadly stable at €545 million, compared with €550 million in the same period a year earlier, reflecting project progress across existing programmes. Adjusted EBIT was unchanged at €26 million, while the adjusted EBIT margin edged up to 4.8% from 4.7% in the prior-year quarter. Free cash flow amounted to

TKMS order backlog hits record €18.7 billion as leading German shipbuilder upgrades sales outlook for 2025/26 Read More »