Saturday, December 7, 2024

Does the call of Hervé Guillou, CEO of Naval Group, for an “Airbus Naval” appeal to European manufacturers?

Since the start of discussions for a merger between the French Naval Group and the Italian Fincantieri, two of the main European naval defense groups, a notion has repeatedly come up, that of creating "a naval Airbus". And on the occasion of his speech worth balance sheet preceding his departure, Hervé Guillou, president of Naval Group since 2014 and who will leave this post in favor of Pierre-Eric Pommellet, once again called on the European naval defense industry to come together and consolidate, in order to be ready to face competition from countries like South Korea, Turkey, Russia and above all China, not to mention the United States, which, we know it, do not hesitate to interfere in European negotiations on this subject. But, like President Macron's proposals for extending French deterrence in Europe, this vision proposed by Hervé Guillou does not seem to create enthusiasm among certain European manufacturers ...

Barely elected, President Emmanuel Macron had to face, in the summer of 2017, a Franco-Italian crisis about the resumption of the shipyards of Saint-Nazaires, then called STX France, following the judicial reorganization of the South Korean STX offshore and Shipbuilding, which had inherited the company in 2007 when the Norwegian group Aker yards was acquired, which acquired these yards from the French Alstom in 2004. In fact, at the start of 2017, the Fincantieri group was the only declared buyer, and de facto owned the 66% of the shares put up for sale by STX. But the French government, fearing a slow relocation and technological looting of know-how and orders, vetoed it, and carried out a partial nationalization of the site. To promote the assembly proposed by the new French president, Paris proposed in Rome the creation of a partnership which would bring together on a joint basis, the French Naval Group and Italian Fincantieri groups, with the aim of creating a European leader in shipbuilding of defense. In addition, France undertook to choose an Italian model for the replacement of its tankers of the Marine Nationale.

BPC Tonnerre L 9014 Germany | Defense Analysis | Army budgets and defense effort
The Saint-Nazaires shipyards are the only ones in France able to manufacture large ships, such as the PHA or the future aircraft carrier of the French Navy

There are 75% of this article left to read, Subscribe to access it!

Metadefense Logo 93x93 2 Germany | Defense Analysis | Armed Forces Budgets and Defense Efforts

The Classic subscriptions provide access to
articles in their full version, and without advertising,
from €1,99. Subscriptions Premium also allow access to archives (articles over two years old)


Advertising

Copyright : Reproduction, even partial, of this article is prohibited, apart from the title and the parts of the article written in italics, except within the framework of copyright protection agreements entrusted to the CFC, and unless expressly agreed by Meta-defense.fr. Meta-defense.fr reserves the right to use all options at its disposal to assert its rights. 

For further

SOCIAL MEDIA

Last articles