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Navantia, a publicly-owned naval shipbuilding company, is the Spanish leader in the military shipbuilding sector. Navantia recorded in 2016 the largest losses in its history and needed as a lifeline the contract with Saudi Arabia that King Philip VI sought on his trip to Riyadh in January 2017. Navantia's net losses exceeded 200 million for 2016, above the already worrying 167 million in 2015. The company is a growing hole in the accounts of the Sepi, the public group attached to the Ministry of Finance. Navantia's losses were due to the drought of orders during the crisis with a sharp fall from what has been its main historical customer: the Ministry of Defense of Spain.

By size and technological capability, it occupies a leading role in European and World-wide military shipbuilding. Navantia, ( previously IZAR Construcciones Navales, S.A. ), has become Spain's leading state-owned shipbuilding firm, offering its services to both military and civil projects. The predecessor company to Navantia SA was founded in 1730. Bazan, a Spanish national military shipbuilding company, merged with Astilleros Espanoles to give birth to a separate entity called IZAR. The company is headquartered in Madrid and has twelve production centers throughout Spain. The company is working on several other projects such as high-speed passenger and cargo ships, cruise liners and new naval ships.

Navantia is the Spainsh company that leads the way in the military shipbuilding sector. By size and technological capability, it occupies a leading role in European and Wold-wide military shipbuilding. The company's industrial activities are organised along five activity lines: Shipbuilding; Control and Combat Systems; Repairs and Conversions; Diesel Engines; and Naval and Power Generation Equipment. The main goal of Navantia's business management model is to guarantee a highly competitive position in the international market, offering the best product of the highest quality at the most aggressive price.

Navantia is an international reference in the design and construction of military vessels with a high added-value, thanks to its constant commitment to innovation and technology. Navantia has a powerful technical office and makes extraordinary efforts in RDTI with the aim of always offering the latest products and services. The innovative spirit that reigns within the company leads not just to foreseeing the future needs of clients but also to getting a step ahead with original projects and completely new applications. Navantia is noted for working in close collaboration with clients and for meeting the most demanding requirements and adapting to specific needs.

Navantia has inherited the long experience in naval shipbuilding from the historic milestones achieved over the centuries at the Spanish Navy's arsenals. Navantia's earliest beginnings started in 1730 with the creation of the historic military arsenals in Ferrol, Cartagena and San Fernando, whose shipyards were used for the building and repair of the Spanish Navy's ships. In 1908 these shipyards came to form part of the naval shipbuilding company known as La Naval, which also owned civil shipyards such as those at Matagorda and Sestao and were subsequently integrated into AESA. Navantia takes part in the shipbuilding market with a wide range of products that go from sophisticated military vessels, to the manufacture of engines, platform control systems and naval weapons, silent reduction gearboxes and other specific equipment for ships.

On June 20, 2007, the Spanish shipbuilder Navantia made a clean sweep of the global competition to rebuild much of the Australian Navy, landing a total of $11 billion in contracts for three Air Warfare Destroyers and a pair of amphibious ships on the same day. Coming on the heels of a major export contract to Norway (five air defense destroyers) and one to Thailand (an aircraft carrier), this was a wake-up call to the world’s naval industries: Spain, which just 20 years earlier was still importing design and construction expertise, was now not only equipping its own navy with advanced destroyers, amphibious ships, and aircraft carriers; it had become shipbuilder to the world for these same high-value warships.

Navantia - Facilities

The same docks and slipways that today give life to state-of-the-art vessels such as the F-100 and F-310 frigates and Scorpene submarines had witnessed -among other milestones- the birth of the world's first electrically-propelled submarine, the Isaac Peral, and the construction of the first Spanish ship with gas turbine propulsion, the "Pr?ncipe de Asturias" aircraft carrier. As far as recent history is concerned, there are many examples that give testimony to our company's dynamism.

The shipbuilding line has a total of shipyards spread around the Spanish coasts on the Atlantic and the Mediterranean Sea. This line of activity is the most significant, since it where the greatest number of employees, the largest capacity and workload are concentrated. Navantia's production facilities are split into four geographical centres that bring together shipyards for new buildings, repair centres; Engine, turbines and systems factories; including company headquarters: Ferrol Firth, Cartagena Wharf, the Bay of Cádiz and Madrid.

A total workforce of about 5,000 is distributed between facilities on the Ferrol estuary (Ferrol and Fene), the Bay of Cadiz (Cadiz, Puerto Real and San Fernando) and Cartagena, and at headquarters in Madrid. Collectively, Navantia's production centers recorded a turnover of approximately EUR1.1 billion (USD1.5 billion) in 2004, which had increased to EUR1.2 billion in 2006. Navantia's major business activities included the Spanish Navy's F-100 frigate, S-80A submarine and strategic projection ship programs; the Royal Norwegian Navy's Fridtjof Nansen-class frigate.

In the year 2004 Navantia's integrated production centers enjoyed a turnover of approximately 1.1 billion euros. These production facilities are staffed by a workforce of approximately 5,562 based on the Ferrol Estuary (Ferrol and Fene), the Bay of Cadiz (Cadiz, Puerto Real and San Fernando) and Cartagena, with the headquarters being situated in Madrid.

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Page last modified: 17-02-2017 19:32:22 ZULU