Navantia

Navantia, S.A.
Company typeState-owned enterprise
IndustryDefence, Shipbuilding, Engineering
PredecessorEmpresa Nacional Bazán
FoundedJanuary 1, 2005; 19 years ago (2005-01-01)
Headquarters,
Area served
Worldwide
Key people
Ricardo Domínguez García-Baquero (President)[1]
ProductsWarships, Hospital ship, Yachts, Ferries, cargo ships, platform supply vessels, Dredger, Marine propulsion, Offshore engineering
RevenueIncrease 1.43 billion euros[2] (2023)
Decrease -63 million euros[2] (2023)
Decrease -122 million euros[2] (2023)
Total assetsIncrease 5.8 billion euros (2023)[2]
OwnerSEPI (100%)
Number of employees
4,939[2] (2023)
ParentSEPI
DivisionsNavantia Sistemas
SubsidiariesNavantia Australia
Navantia Arabia
Navantia UK
SAES Capital
Sainsel Sistemas Navales
Websitewww.navantia.es

Navantia is a Spanish state-owned shipbuilding dedicated to civil and military naval construction, the design of deep-tech systems[3] and the manufacture of structures for the renewable energy sector, such as offshore wind or hydrogen.[4]

It was established in 2005 following the segregation of the military assets of the IZAR Group. The company designs, builds, and supports different types of surface vessels, submarines, and systems. It directly employs nearly 4,000 workers distributed among its operating centers in A Coruña, Cádiz, Cartagena and Madrid.

Navantia is the fifth-largest shipbuilder in Europe and the ninth-largest in the world. The company is also expanding into markets such as renewable energy, the offshore industry and naval services.

  1. ^ Martín, Alejandro (18 April 2021). "Ricardo Domínguez: Del campo al timón de Navantia". Diario de Cádiz.
  2. ^ a b c d e "Navantia Group 2023 Accounts" (PDF). www.navantia.es. 2023. Retrieved 16 October 2024.
  3. ^ "Navantia Business Areas".
  4. ^ "Navantia Seanergies".