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Australia commits $12 billion to Henderson Precinct to support AUKUS nuclear submarine plan

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.

September 14, 2025
Babcock partners with Palantir to transform UK warship production with Warp Speed

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.

September 13, 2025
Hanwha Group announces $5 billion Philly Shipyard plan under South Korea’s U.S. shipbuilding pledge

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.

August 27, 2025
Rauma Marine Constructions begins building third Pohjanmaa-class corvette for Finnish Navy

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.

August 26, 2025
HD Hyundai, Cerberus and KDB sign MOU to support U.S. shipbuilding modernisation programme

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.

August 26, 2025
BAE Systems and Umoe Mandal deepen UK-Norway maritime collaboration

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.

April 24, 2025
BAE Systems expands submarine production capabilities with over USD 260 million in investments

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.

April 8, 2025
STM enters EU naval market with deal to build logistics ships for Portuguese Navy

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.

December 18, 2024
Naval Group: Indonesia signs contract for two Scorpène Evolved submarines

Naval Group: Indonesia signs contract for two Scorpène Evolved submarines

On March 28, Indonesia chose Naval Group and PT PAL to strengthen the capabilities of the Indonesian Navy with two Scorpène Evolved Full Lithium-Ion battery (LiB) submarines to be built in Indonesia.

April 2, 2024
EDGE Group and Fincantieri launch multi-billion euro joint venture

EDGE Group and Fincantieri launch multi-billion euro joint venture

EDGE and Fincantieri have entered into a term sheet aimed at creating a joint venture focused on the manufacturing of a broad range of sophisticated naval vessels.

February 21, 2024
Damen Naval marks official start of construction phase F126 frigates

Damen Naval marks official start of construction phase F126 frigates

The F126 frigate programme is the largest shipbuilding project in the history of the German Navy.

December 5, 2023
Navantia commissions S-81 “Isaac Peral” submarine to the Spanish Navy

Navantia commissions S-81 “Isaac Peral” submarine to the Spanish Navy

Navantia has commissioned the S-81 “Isaac Peral” submarine to the Spanish Navy in the Naval Base in Cartagena.

November 30, 2023
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