Calepin des entreprises international 2026 VA.pdf — page 154

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NAVAL GROUP
Business trends
	
 Naval Group revenues grew 2.3% in 2024 to reach €4,355 million. Growth was driven by the Services division 
(+7.7%). During the year, the group delivered the Tourville SSN and the third and last refurbished La Fayette-
class frigate (Aconit) to the French Navy, as well as the second Gowind corvette (El Amarat) to the United Arab 
Emirates. Naval Group also carried out maintenance on the French aircraft carrier Charles de Gaulle and the 
Le Vigilant SSBN (Le Triomphant-class).
	
 In September 2025, the group signed an industrial cooperation agreement with PGZ at the MSPO trade fair in 
Kielce (Poland) for the construction of submarines (potentially the future Orka-class for the Polish Navy) and 
specialised vessels.
Home market
	
 Naval Group is the prime contractor for the French Navy’s main construction and modernisation programmes: 
the future new generation aircraft carrier (PA-NG); FREMM, FDI and Horizon frigates; the future third-generation 
nuclear-powered ballistic missile submarine (SNLE 3G in French); Suffren-class SSNs; etc.
	
 The French Navy awarded Naval Group a contract in the second half of 2024 to begin production of F21 MK2 
heavy torpedoes for submarines, to be delivered from 2028 onwards.
	
 The French Ministry of Armed Forces ordered the first six VSR700 shipborne helicopter drones in June 2025 
from Airbus and Naval Group. The group will integrate these drones on four FREMM frigates and two FDI 
frigates of the French Navy.
	
 The first FDI frigate for the French Navy, named Amiral Ronarc’h, was delivered in September 2025. The next 
three units (Amiral Louzeau, Amiral Castex and Amiral Nomy) are under construction and are expected to be 
delivered between 2027 and 2031.
Export markets
	
 The sixth and last Kalvari-class submarine for the Indian Navy (Vagsheer), based on the Scorpène family and 
built locally by Mazagon Dock Shipbuilders Ltd (MDL), entered service in January 2025.
	
 In May 2025, the first FDI frigate for the Hellenic Navy, named Kimon, began sea trials off the coast of Lorient 
(on the Atlantic coast). The next two units, Nearchos and Formion, were launched in September 2024 and 
May 2025, respectively. A fourth frigate, named Themistokles, was ordered in November 2025.
	
 The contract signed by Naval Group with the Indonesian Navy for the construction of two Scorpène Evolved 
submarines equipped with lithium-ion batteries came into force in July 2025. The vessels will be built in 
Indonesia by the PT PAL shipyard.
	
 In the summer of 2025, Naval Group signed two contracts worth a total of €528 million with the Brazilian Navy 
for the provision of engineering and technical consulting services (excluding the nuclear power plant) for the 
construction of the future Almirante Álvaro Alberto nuclear-powered submarine.
	
 The first City-class mine warfare vessel for Belgium, named Oostende, entered service in October 2025. 
Kership (a joint venture between Naval Group and Piriou) is building three other units (Tournai, Brugge and 
Liège) at the Concarneau shipyard in Brittany.
	
 Argentina selected the Scorpène in November 2025 and could acquire three submarines for €2.3 billion.
Technology and Innovation
	
 The group’s self-financed R&D expenditure amounted to €92 million in 2024, representing 2.1% of revenues.
	
 At the Euronaval trade show in Villepinte (near Paris) in November 2024, a letter of intent was signed for the 
integration of weapons, namely 20mm and 40mm ammunition from KNDS, as well as 68mm and 70mm 
rockets and Lightweight Multi-role Missiles (LMM) from Thales, on the modular multi-purpose launcher (LMP) 
being developed by Naval Group. This weapon system aims to improve the protection of ships against UAVs 
and USVs.
STRATEGIC HIGHLIGHTS