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December 17, 2021

Naval Group conducts keel-laying ceremony for first FDI frigate

The event marks the start of the assembly of the frigate in the construction hall.

Naval Group has laid the keel for the first defence and intervention (FDI) frigate ordered by the French defence procurement agency (DGA) for the French Navy.

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This event, which took place on 16 December, marks the beginning of the assembly of the frigate in the construction hall.

It was held at Naval Group’s facility in Lorient.

The Panoramic Sensors and Intelligence Module (PSIM), which is the FDI’s integrated mast, was also powered up on the same day, marking the start of the testing of the frigate’s complete combat system, ahead of its final integration on the frigate.

The frigate will be delivered to the French Navy in 2024.

It serves as the first in the series of five ships to be delivered to the French Navy between 2024 and 2030.

In October 2019, Naval Group cut steel for the French Navy’s FDI frigate during a ceremony at its Lorient facility.

Naval Group CEO Pierre Eric Pommellet said: “We are proud to be here today to mark this major milestone in the industrial production of the first defence and intervention frigate for the French Navy.

“These multi-role, cyber-secure and scalable ships will ensure the superiority of information and engagement as well as the ability to last at sea of the naval forces that will operate them.

“Already chosen by Greece for its navy, this ship will also enable Naval Group to develop its international outreach. We remain fully committed to empower the sovereignty of France and our partner countries.”

The 4,500t and 122m long FDI frigates will be able to conduct anti-air, anti-surface, anti-submarine warfare (ASW) as well as special forces projection missions.

The frigates will also be able to address threats related to cyber attacks and asymmetric threats.

FDI frigates’ maximum speed is 27k and it has an autonomy of 45.

In March this year, DGA notified Naval Group of the order for two FDI frigates.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
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