Norway unveils industry strategy for Type 26 frigate procurement to strengthen defence sector
Norway unveils strategy for new frigates: boosting maritime defence and national industry.
TKMS lists on Frankfurt Stock Exchange: strong market debut for leading German maritime defence company
TKMS is Europe’s only fully integrated system provider for maritime defence, combining expertise in submarines, surface vessels, unmanned systems, electronics, sensors, and software.
Royal Navy: HMS Agamemnon commissioned as work begins on final Dreadnought-class submarine
His Majesty King Charles III has commissioned HMS Agamemnon, the Royal Navy’s newest Astute class nuclear-powered attack submarine, during a ceremony at BAE Systems’ Barrow-in-Furness shipyard.
Rheinmetall acquires Naval Vessels Lürssen (NVL), expanding into naval shipbuilding
The German technology group Rheinmetall has reached an agreement with the Lürssen Group on the acquisition of Naval Vessels Lürssen (NVL B.V. & Co. KG, Bremen-Vegesack) and its subsidiaries.
Australia commits $12 billion to Henderson Precinct to support AUKUS nuclear submarine plan
Australia has announced it will spend A$12 billion (US$8 billion) to establish a Defence Precinct at Henderson in Western Australia to support the AUKUS nuclear submarine deal.
Babcock partners with Palantir to transform UK warship production with Warp Speed
Babcock has partnered with Palantir to revolutionise the build and long-term support of warships, beginning with the Arrowhead family and extending across all Arrowhead projects.
Hanwha Group announces $5 billion Philly Shipyard plan under South Korea’s U.S. shipbuilding pledge
Hanwha Group has announced a $5 billion infrastructure plan for Hanwha Philly Shipyard, as part of South Korea’s $150 billion investment in the U.S. shipbuilding industry.
Rauma Marine Constructions begins building third Pohjanmaa-class corvette for Finnish Navy
On 26 August, Rauma Marine Constructions (RMC) marked the start of production for the third multi-purpose corvette with a traditional steel cutting ceremony.
HD Hyundai, Cerberus and KDB sign MOU to support U.S. shipbuilding modernisation programme
HD Hyundai announced it had signed a Memorandum of Understanding with Cerberus Capital and the Korea Development Bank at a Korea-U.S. Manufacturing Partnership event in Washington, D.C.
BAE Systems and Umoe Mandal deepen UK-Norway maritime collaboration
BAE Systems and Norwegian shipbuilder Umoe Mandal have signed a new collaboration agreement to strengthen joint maritime capabilities and reinforce UK-Norway defence ties.
BAE Systems expands submarine production capabilities with over USD 260 million in investments
BAE Systems has announced significant progress in its support of the U.S. Navy’s submarine programme, following more than USD 260 million in facility investments over the past six years.
STM enters EU naval market with deal to build logistics ships for Portuguese Navy
STM has secured a groundbreaking contract to build two Auxiliary Oiler Replenisher and Logistics Ships (AOR+) for the Portuguese Navy.