Navantia

In Spain 15th October 2024

Navantia in talks to buy ‘Titanic’ shipbuilder to save €1.9 billion contract

The Spanish company Navantia, along with its subsidiary Navantia UK, is currently exploring all kinds of alternatives, including the purchase of the British Harland & Wolff (HW), to save a contract worth €1.9 billion. The viability of the programme for the construction of three logistical vessels for the Royal Navy’s Auxiliary Fleet depends on Harland & Wolff. In fact, this company, founded in 1861 and famous for owning the shipyard…

Spanish economy 17th May 2022

ACS Together With Navantia Will Bid For A Contract With The Australian Armed Forces Worth Nearly 533 M€

ACS, along with felllow Spanish construction company Navantia, will bid for one of the biggest orders from the Australian Armed Forces, namely the programme for embarcations of amphibious landing Land 8710 Phase 1. The amount of the contract could total 533 million euros and would extend until 2032. ACS will be represented by its affiliate UGL, Cimic’s industrial engineering division. For its part, Navantia has been present in the Australian…

Spanish economy 16th April 2018

Navantia Will Build Five Corvettes For Saudi Arabia Which Will Create 6,000 Jobs

Navantia will build five Avante 2200 corvettes for Saudi Arabia in the shipyards in Ferrol and Cadiz. It has been negotiating the contract since 2015 and it will provide nearly 6,000 direct and indirect jobs annually over the next five years. The operation is worth some 2 billion euros.

Spanish economy 12th July 2016

Spain’s State-Owned Shipyards Cannot Stand Comparison

While Spain’s private shipyards are doing really well, the state-owned shipyards are not capable of recovering the levels of competitiveness which would pull them out of losses and allow them to compete in the international markets. One relevant example of this was their inability to take on the job of building the lock-gates for the Panal Canal extension.