Military production for navies up 50% in past two years, Naval Group says — SkimNews
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- Naval Group reported a nearly 50% increase in the value of global naval military production, rising to $122 billion in 2024-2025 from $82 billion two years prior
- Pierre-Eric Pommellet, CEO of Naval Group, cited a Euronaval study during his speech at the Euronaval defence trade show in Paris on November 2
- China led naval military construction in 2024-2025, surpassing the US, according to Pommellet's remarks at the Euronaval event
- Western governments have accelerated fleet modernization since Russia's full-scale invasion of Ukraine in 2022 and amid ongoing conflicts in the Middle East
- Pierre-Eric Pommellet stated that the era of treating the sea as safe and open is over, citing visible threats in the Black Sea, Red Sea, Gulf, and Indo-Pacific
- European and allied navies are urged to deepen cooperation, with Pommellet emphasizing shared frigates, systems, and logistics as force multipliers
Why it matters: The $40 billion jump in naval production value in just two years reflects a sharp pivot in defense priorities, with China now outbuilding the US in naval construction. This shift increases pressure on Western alliances to standardize platforms and pool resources to match capacity and deterrence demands.
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