08 April 2024
08 April 2024
The second in a series of advanced submarines is set to modernise the French Navy's fleet.
Damen, a Dutch shipbuilder, will support RENK's Dutch subsidiary Schelde Gears B.V., which will design and integrate eight gearbox systems.
Once worth a cumulative value of $2.5bn, this figure has increased to $2.8bn to account for additional subcontract items for the Amphibious Combat Vehicle.
Norway is set to almost double its defence budget in the next 12 years as the Nordic nation furnishes the Armed Forces with new platforms and equipment.
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