European naval defence industry meets as threats drive fleet upgrades
XLI•The Euronaval defence exhibition near Paris opens with a record number of exhibitors expected, up 45% from its previous edition. Organisers say global military and paramilitary shipbuilding was worth $122 billion in 2024-2025, up 50% from two years earlier.
1. Industry gathers near Paris
Shipbuilders, missile makers and drone manufacturers are showcasing products at the November 3-6 Euronaval exhibition as European governments seek to strengthen their navies. Organisers expect a record number of exhibitors, 45% more than at the previous edition two years ago.
2. Drones and naval systems
Drones are expected to draw particular attention, with potential uses including monitoring undersea cables, mine detection, surveillance and attacks. Officials and industry executives say challenges include integrating new systems with older ships and submarines, operating them at sea and identifying who is behind attacks. Industry experts are betting on AI to help process large quantities of radar and sensor data.
