Naval Group CEO confident on export and cooperation strategy
Naval Group's CEO teased an announcement on cooperation with Fincantieri as he expressed confidence in the company’s export strategy despite growing competition for key shipbuilding programmes.
The company is continuing to make moves on joint cooperation with Italian shipbuilder Fincantieri regarding a shareholding of the STX France shipyard.
Speaking to journalists during a 15 October conference call Hervé Guillou, CEO at Naval Group, emphasised the company’s European alliances. To this end he hinted at an announcement during next week’s Euronaval event in Paris regarding the company’s joint efforts with Italy’s Fincantieri.
While he could not disclose details of the announcement
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Naval Warfare
-
HII revenues down in 2024, but Mission Technologies arm blooms
The shipbuilder has been dealing with a pre-Covid 19 backlog as well as winning new business.
-
Egypt wins $625 million US deal to modernise its Ambassador IV fast-attack ships
The State Department said the sale will increase the Egyptian Navy's tactical capabilities.
-
US Navy seeks the best combinations of crewed vessels with commercial UAVs and USVs
The service will conduct Operation Southern Spear to identify the most appropriate manned/unmanned formations for domain awareness and counternarcotics operations.
-
Lockheed Martin wins contract to build the Trident II D5 Life Extension missile
The company will also invest in new production facilities to service the ongoing need for the D5LE2.