Military production for navies up 50% in past two years, Naval Group says
XLI•Naval Group said the value of naval military production rose nearly 50% to $122 billion in 2024-2025 from $82 billion two years earlier. Its CEO said China led naval construction during the period, ahead of the United States.
1. Naval production rises
The value of naval military production, including ships and submarines, rose to $122 billion in 2024-2025 from $82 billion two years earlier, Naval Group CEO Pierre-Eric Pommellet said at the opening of the Euronaval defence trade show in Paris. He cited a Euronaval study.
2. Calls for cooperation
Pommellet said China led naval military construction in 2024-2025, ahead of the United States. He called for closer cooperation among European and allied navies, saying naval programmes are increasingly European and international.
