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Naval production up 49%
The value of global naval defense production rose by about 49% over 2024 and 2025, reaching $122 billion, compared with $82 billion over the previous two years, according to a study presented at the opening of the Euronaval exhibition in Paris. China led the way in naval military shipbuilding, while efforts to modernize fleets accelerated amid geopolitical tensions and threats to shipping and maritime infrastructure. Pierre-Éric Pommellet called for closer cooperation between European navies and their allies, including sharing capabilities, technology and logistical support to reduce development and maintenance costs.
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