Naval Group

Naval Group Overview

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Founded: 1631

Workforce: ~14,670

Company Working: Naval Group is a designer and manufacturer of naval systems. The company’s product portfolio includes conventional and nuclear submarines, surface combatants, electronic components, cybersecurity solutions, underwater weapons, aircraft carriers, maritime surveillance and intervention solutions, and floating wind turbines. Naval Group also offers simulation, training, maintenance, and logistics services globally.

Strategy

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Company Snapshot

$3,426.6M

Revenue

14,670

Employees

1631

Founded

Paris, Île-de-France, France

Headquarters

SWOT Analysis

Strengths

Established presence in Europe
Strong brand value

Weaknesses

Lack of presence in developed regions such as North America

Opportunities

Collaborations with players in the Middle East and North America

Threats

Intense competition from companies such as Saab AB and BAE Systems

Key Developments

Date	Approach	Development
November 2019	Expansion	Naval Group inaugurated its new R&D center in Singapore. The center will focus on developing innovative naval defense solutions. The inauguration of the new R&D center enabled the company to strengthen its position in the Singapore naval market.
December 2019	Expansion	Naval Group inaugurated its new subsidiary in Egypt named Alexandria Naval for Maintenance and Industry. The new subsidiary will provide maintenance services for the Egyptian Navy’s vessels. The inauguration of the new entity enabled the company to strengthen its presence in the Egyptian naval market.

Product Offering

Naval Group
- In-Service Support (ISS)

Financial Performance

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