Naval Platforms - latestdefencenews.com

September 21, 2025
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Procurement & Contracts

Indonesia approves $450 million financing for ex-Italian aircraft carrier Giuseppe Garibaldi

Indonesia has formally advanced its plan to acquire the decommissioned Italian aircraft carrier ITS Giuseppe Garibaldi by approving financing that links the carrier purchase with new helicopter acquisitions. The...

September 18, 2025
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Procurement & Contracts

Spain Commissions $847 Million Upgrade of BAM Offshore Patrol Vessels

The Spanish government has approved the contracting process for Navantia to design and build two additional Buques de Acción Marítima (BAM)-class offshore patrol vessels for the Spanish Navy. These...

September 17, 2025
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New Product Launches

Navantia Rolls Out Spain’s Initial F-110 Frigate Ahead of Timeline

Spanish shipbuilder Navantia has launched the first F-110-class frigate, F-111 Bonifaz, marking a major step in the modernization of the Spanish Navy’s surface fleet. Construction began in April 2022,...

September 16, 2025
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Procurement & Contracts

Terma Expands Regional Footprint With Landmark Naval Contract in Middle East and Africa

Terma has secured its largest naval agreement in the Middle East and Africa through a new partnership with Albwardy Damen, delivering advanced mission systems for a fleet of next-generation...

September 15, 2025
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Mergers & JV

Babcock and Hanwha Announce Partnership for Canadian Submarine Contract

Hanwha Ocean has signed a teaming agreement with Babcock Canada for the Canadian Patrol Submarine Project (CPSP), naming the company as its exclusive in-service support partner. The partnership builds...

September 14, 2025
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Financial and Investment Updates

Canberra Allocates $8B for Nuclear Submarine Yard Development

Australia will invest an initial 12 billion Australian dollars ($8 billion) to upgrade shipyard facilities in Perth, Western Australia, as part of preparations for its future fleet of nuclear-powered...

September 7, 2025
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New Product Launches

Iran-Built Peykaap III Boats Join Venezuela Navy

Venezuela is believed to have introduced Iranian-built Peykaap III fast attack boats into its fleet, sparking debate among defense analysts. A video posted online shows several of the craft...

September 5, 2025
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New Product Launches

Leidos Debuts Sea Dagger for UK Autonomy

Leidos unveiled the “Sea Dagger,” a 40-knot commando insertion craft for the Royal Navy’s modernization. The platform merges speed, range, modular systems, and vehicle delivery in one design, supporting...

September 5, 2025
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Mergers & JV

Korean Shipbuilders Merge for Defense

HD Korea Shipbuilding approved merging Hyundai Mipo and Hyundai Heavy Industries into one entity by December 2025. The move consolidates expertise, boosts naval contracts, and targets $7.1B annual defense...

September 5, 2025
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Procurement & Contracts

UK Wins £10B Frigate Deal With Norway

The UK and Norway signed a £10B contract for at least five Type 26 frigates. The deal secures production for the UK while providing Norway with advanced ASW ships...