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Why Navantia rescued Harland & Wolff — and what it expects in return
Why Navantia rescued Harland & Wolff — and what it expects in return

Times

time3 days ago

  • Business
  • Times

Why Navantia rescued Harland & Wolff — and what it expects in return

They have a saying in Spain, says the new boss of Harland & Wolff, which translates literally as 'when you are hungry, then eat'. More figuratively, you might say 'needs must'. Donato Martinez, the newly-appointed chief executive of the newly-created UK end of Navantia, the state-owned Spanish shipbuilder, is explaining why it acquired Harland & Wolff out of administration. It was the second time the Belfast shipyard had gone bust in five years, capping a chequered history all the way back to Victorian times. The British government was in want of the three 216-metre long supply ships that it had ordered from the yard to service the aircraft carrier flagships of the Royal Navy. Navantia, already part of that contract, did not want to turn its back on a lucrative opportunity for that and future orders for Royal Navy or Border Force vessels. Yet the £93 million takeover resonates more than just political and industrial expediency. On the one hand the historic Harland & Wolff yard, home of the Titanic, has been saved and is arguably on its surest footing in decades. On the other hand, it means for the first time in the history of the Royal Navy, vessels will be built by a foreign military power. Sir Francis Drake for one must be spinning in his watery grave. The immediate goal is to get the three vessels — fleet solid support (FSS) ships in the naval argot, charged with delivering munitions, stores and provisions on the high seas — back on track. Despite a year lost to the spiral into bankruptcy of InfraStrata, the stockmarket-listed previous owner, Martinez speaking at a Navy Leaders conference in Farnborough, says the newly-created Navantia UK can deliver all three vessels to the planned 2032 timeline. Once a final critical design review is signed off this autumn, Belfast could be in production by the end of the year. The original order with InfraStrata and Navantia was controversial because of the implied amount of Spanish content, that is only 60 per cent by value of the vessels would be made in the UK. Martinez says the commitment to UK content remains but will depend on how things go: 'The key priority is meeting the delivery date.' • Ministers accused of 'backdoor bailout' for Harland &Wolff Details of 'revised terms' with Navantia on which ministers came to in the deal to sell Harland & Wolff have not been disclosed. The programme is now expected to come in at £2 billion, compared to the £1.6 billion previously quoted. Navantia says that is because of inflation on a programme priced in pre-pandemic times. Navantia has committed to spend £115 million on its acquisition which also comes with the Appledore yard in North Devon, and the offshore wind and oil and gas yards of Methil on the Firth of Forth and Arnish on the Isle of Lewis in the Hebrides. Harland & Wolff needs to be redesigned, new panel fabrication lines and workshops installed. Safety, environmental, maintenance, welfare and training facilities need upgrading. 'That has not been looked at for some years, for some decades in some cases,' said Martinez. 'We need to do this to build confidence and to be able to win more contracts.' Harland & Wolff will remain a ship repair and maintenance yard for the likes of Stena, the shipping line. But as a construction yard it will now only be naval, no longer chasing commercial vessel contracts in competition with China and Korea. The job is now to ramp up for the three FSS ships and win future work. 'As the phoenix rises from the ashes we need to hire. We currently have 600 people in Belfast including 170 apprentices. For FSS we will need 800 people next year and by 2029-30 [at the height of the programme] we will need 1,500.' By the early 2030s, the business across all the yards will be aiming to employ 2,000 people. Navantia UK has its eyes on the next major Ministry of Defence contract for up to six multi-role strike and support ships — vessels to rapidly deploy Royal Marine commandos and other special forces. 'We would hope to have a major role,' said Martinez of a contract whose cost is as yet unspecified but is expected to produce work for ten years. Navantia UK is also keen to develop Appledore with a capability for offshore patrol vehicles for the likes of the UK Border Force and uncrewed surface drone vessels of the future. The Royal Navy also has a requirement for floating dry docks for submarines and warships and Navantia believes Methil and Arnish have the fabrication and welding capabilities for those. The arrival of Navantia UK at Harland & Wolff creates a Big Three naval construction capability alongside BAE Systems building Type 26 warships on the Clyde and the nuclear submarines at Barrow and Babcock building Type 31 at Rosyth near Edinburgh. 'The pipeline is such that there is room for three of us,' said Martinez. 'Everybody will be busy.'

Spain to launch Royal Moroccan Navy patrol vessel next week
Spain to launch Royal Moroccan Navy patrol vessel next week

Ya Biladi

time23-05-2025

  • Business
  • Ya Biladi

Spain to launch Royal Moroccan Navy patrol vessel next week

The Spanish state-owned company Navantia is set to launch the Avante 1800 patrol vessel, ordered by the Royal Moroccan Navy, on May 27, according to an announcement made Friday by a Spanish media outlet. The vessel, currently under construction at the Navantia shipyard in Cádiz, is scheduled for delivery in 2026. In September 2022, the Moroccan government signed a €95 million loan agreement with Banco Santander to finance the construction of the patrol vessel. The contract with Navantia includes a comprehensive technical and logistical support package, covering spare parts, tools, technical documentation, and training for Royal Moroccan Navy personnel in Spain. The patrol vessel will be 87 meters long and 13 meters wide, with capacity for a crew of 60. The total investment is estimated at €130 million, making it the largest defense contract Morocco has ever signed with the Spanish military industry. Between 1991 and 2020, Morocco signed defense contracts with Spain totaling approximately €385 million, €165 million of which was allocated to military transport vehicles.

Navantia's Avante 1800 for Royal Moroccan Navy Takes Shape for 2026 Delivery
Navantia's Avante 1800 for Royal Moroccan Navy Takes Shape for 2026 Delivery

Morocco World

time30-04-2025

  • Business
  • Morocco World

Navantia's Avante 1800 for Royal Moroccan Navy Takes Shape for 2026 Delivery

Doha – Construction of the new Avante 1800 offshore patrol vessel for the Royal Moroccan Navy continues at a steady pace at Navantia's San Fernando shipyard in Cádiz. The vessel, which represents a major upgrade to Morocco's naval capabilities, is scheduled for delivery in mid-2026. The project officially began with steel cutting in July 2023, followed by the keel laying ceremony on September 6, 2024, at San Fernando's dock number 3. During this working event, Colonel Major Mohammed Sallouh of the Moroccan Navy was welcomed by Navantia's President Ricardo Domínguez, Operations and Business Director Gonzalo Mateo-Guerrero, and Director of Corvettes and Maritime Action Vessels Alberto Cervantes. 'The placement of the block on the dock, assisted by cranes, marks the beginning of construction where the ship starts taking shape,' a Navantia spokesperson noted, adding that fabrication of subsequent blocks continues in various workshops. Earlier in January 2024, Rear Admiral Mohamed Tahin, Inspector of the Royal Navy, personally visited Navantia's facilities to monitor the patrol vessel's construction progress. The vessel, which will be Navantia-San Fernando's 565th construction, boasts impressive specifications: 87 meters in length, 13 meters in beam, and a full-load displacement of approximately 2,020 tons. It will accommodate a crew of 60 personnel and achieve a maximum speed of 24-26 knots, powered by a Combined Diesel And Diesel (CODAD) propulsion system featuring four MAN 175D main engines supported by five Baudouin 6 M26.3 generator sets. With an operational range of about 4,000 nautical miles at an economical speed of 15 knots, the Avante 1800 is designed for extended maritime deployments with reduced operational and lifecycle costs. Read also: Morocco Launches Bid for Africa's Largest Shipyard in Casablanca The ship features a flight deck capable of supporting a 10-ton helicopter or vertical takeoff drones, along with a hangar for air operations. Its equipment includes two 8-meter rigid-hulled inflatable boats (RHIBs) for auxiliary missions. While official armament configurations for the Moroccan version remain undisclosed, the versatile Avante 1800 design typically accommodates a 76mm or 57mm main gun, remote-controlled weapon stations of 25mm or 30mm caliber, and various missile systems. This project was financially secured in September 2022, when the Moroccan government announced the signing of a €95 million loan with Banco Santander to help finance the vessel valued at €130 million. The broader program is estimated at around €260 million for two units, with Morocco retaining options for one or two additional vessels in the future. The construction will generate over one million work hours and approximately 1,100 direct and indirect jobs over three and a half years. The contract also includes technical and logistical support, comprising spare parts, tools, technical documentation, and training services for Royal Moroccan Navy personnel in Spain. This patrol vessel represents the first warship built by a Spanish shipyard for Morocco in nearly four decades, following the corvette 'Teniente Coronel Errahmani' delivered by then-Empresa Nacional Bazán (now Navantia) in March 1983. The Avante 1800 will join Morocco's modernizing fleet, which already includes the FREMM frigate Mohammed VI and three SIGMA-class corvettes, enhancing the country's capabilities in economic zone surveillance, anti-trafficking operations, pollution control, search and rescue, and rapid intervention missions. Tags: Navantiaroyal moroccan navy

Spain : The Moroccan Navy's Avante 1800 patrol vessel to be delivered in 2026
Spain : The Moroccan Navy's Avante 1800 patrol vessel to be delivered in 2026

Ya Biladi

time30-04-2025

  • Business
  • Ya Biladi

Spain : The Moroccan Navy's Avante 1800 patrol vessel to be delivered in 2026

The construction of the new Avante 1800 offshore patrol vessel for the Royal Moroccan Navy is progressing steadily, according to Defense Atlas. Built by the Spanish shipbuilder Navantia, the project officially began with the steel cutting in July 2023, followed by the keel laying in September 2024 at the San Fernando shipyard. Delivery is expected by mid-2026. Estimated at around €260 million for two units, the program reflects Morocco's long-term commitment to strengthening its naval capabilities. The deal also includes an option for one or two additional vessels. Originally launched under Moroccan-Spanish naval cooperation, the project was suspended during the 2021 diplomatic crisis. It was revived after Spain backed Morocco's autonomy plan for the Sahara, with a €95 million loan from Santander Bank facilitating the final agreement. • First images of the construction progress of the Avante-1800 corvette for the Royal Moroccan Navy ?? • The ship will have a displacement of 2020 tons with a length of 87 meters • Equipped with a deck for helicopters or vertical take-off drones • Combat and armament systems have not yet been disclosed • Design of Avante 1800… — Defense Atlas - المرصد الأطلسي للدفاع و التسليح (@DefenseAtlas009) April 28, 2025 The Avante 1800 will join a modernizing Moroccan fleet that already includes the FREMM frigate Mohammed VI and three SIGMA-class corvettes. Featuring a modular design, the ship can adapt to various mission profiles, including exclusive economic zone surveillance, anti-trafficking and anti-pollution operations, search and rescue, rapid intervention, and support for combat divers. Measuring 87 meters in length and displacing 2,100 tons, the vessel offers a range of 4,000 nautical miles and a top speed of 26 knots. It includes a flight deck for 10-ton helicopters, a hangar for drones or light helicopters, and two 8-meter fast boats. Although the armament for the Moroccan version has not been officially confirmed, it is expected to include: A 76 mm main gun, 35 mm and 12.7 mm guns, surface-to-air and anti-ship missiles. It will also likely be equipped with electronic warfare systems, 3D radar, IFF, sonar, and passive defense systems. Inspired by export versions sold to Venezuela, the Moroccan Avante 1800 incorporates stealth features to reduce radar and thermal signatures, enhancing survivability in combat operations.

New Accenture Siemens Business Group to Reinvent Engineering and Manufacturing for Clients
New Accenture Siemens Business Group to Reinvent Engineering and Manufacturing for Clients

Yahoo

time31-03-2025

  • Business
  • Yahoo

New Accenture Siemens Business Group to Reinvent Engineering and Manufacturing for Clients

Dedicated business practice expands long-standing alliance to drive development of software-defined products and factories at scale across industry Companies plan to scale new group to 7,000 professionals to combine leading industrial technology with AI-powered engineering and manufacturing capabilities Partners have driven digital transformation for clients including KION Group and Navantia HANOVER, Germany, March 31, 2025--(BUSINESS WIRE)--Siemens and Accenture (NYSE: ACN) are significantly advancing their long-standing alliance partnership to help clients reinvent and transform engineering and manufacturing. At Hannover Messe 2025, the two companies announced the formation of the Accenture Siemens Business Group, a dedicated business practice to comprise 7,000 professionals with proven manufacturing and IT experience globally. Through the business group, the companies will co-develop and jointly market solutions to clients that combine automation, industrial AI and software from the Siemens Xcelerator portfolio with Accenture's data and AI capabilities. "By strengthening our partnership, we combine the unique capabilities of two market leaders: Siemens' technology, access to data and deep domain knowledge in software, automation and industrial AI with Accenture's power to apply data and AI in engineering and manufacturing," said Roland Busch, President and CEO of Siemens. "With the new business group, we will empower customers in all industries to supercharge their entire value chain by embedding AI at the core of their businesses." "Engineering and manufacturing are the next digital frontier," said Julie Sweet, chair and CEO, Accenture. "The Accenture Siemens Business Group scales the power of automation, data and AI to help clients reinvent their products and how they make them. Together with our long-standing partner Siemens, we will increase speed and efficiency, reduce cost and strengthen the digital core, which is essential for continuous reinvention and the creation of new value." Proven track recordAccenture and Siemens have a long history of jointly creating value for clients. For KION Group, a leading supply chain solution company, Accenture and Siemens are unifying and optimizing core engineering processes with Siemens Teamcenter as the client's common product lifecycle management (PLM) platform. The initiative rethinks and enhances KION's engineering processes with simulation capabilities, generative AI and Model-Based Systems Engineering (MBSE). At Navantia, a Spanish state-owned shipbuilding, technology and defense company, Accenture and Siemens developed and implemented a new product development platform using Siemens Teamcenter and Capital Logic Designer. The platform enables digital twins of Navantia's vessels, increasing the quality of the product design and reducing the company's total design and manufacturing cost by 20%. Scalable engineering, manufacturing and services solutions for industryThe Accenture Siemens Business Group will create solutions for software-defined products and factories for clients in industries including aerospace and defense, automotive, consumer products and goods, electronics, heavy equipment, industrial machinery, semiconductors and transportation. The group plans to introduce new engineering services that will focus on reinventing engineering and R&D models. It will help clients create global engineering capability centers and develop software-defined products. It will also optimize clients' use of Model-Based Systems Engineering (MBSE) and speed the adoption and use of Accenture's and Siemens' software-defined vehicle (SDV) framework for automakers. New manufacturing services will support clients in implementing, harmonizing and migrating manufacturing execution systems to track and control manufacturing in real-time. By applying IT principles, the group will advance clients' AI-powered shopfloor operations and automation. Additionally, it will help clients mitigate and prevent cyber threats to operational technology (OT) devices and critical engineering and manufacturing systems with managed security services including Accenture's Managed Extended Detection and Response (MxDR) platform. (A demo of Accenture's and Siemens' joint cybersecurity approach for IT/OT environments is available at Siemens' Hannover Messe booth in Hall 9, booth 53.) New industrial assets services will include after-sales service, maintenance, repairs and overhaul. Agentic AI-powered industrial process reinventionThe Accenture Siemens Business Group will enable its solutions for clients with Accenture's suite of Industry X digital engineering and manufacturing assets. These support clients in building AI agents, customizing pre-built agents and foundation models—for example, for simulation and robotics—and ensuring governance across all their AI components. (A demo of embedded generative AI agents in engineering using Siemens NX and engineering software from its recent acquisition Altair is available at Accenture's Hannover Messe booth in Hall 17, booth E32). Agentic AI can dramatically increase the efficiency and productivity of product development by, for example, automatically validating the impact on feasibility, cost and performance of engineering changes and new designs. Other areas benefitting from agentic AI are PLM, asset management and servicing of industrial equipment, and remote operations. About AccentureAccenture is a leading global professional services company that helps the world's leading businesses, governments and other organizations build their digital core, optimize their operations, accelerate revenue growth and enhance citizen services—creating tangible value at speed and scale. We are a talent- and innovation-led company with approximately 801,000 people serving clients in more than 120 countries. Technology is at the core of change today, and we are one of the world's leaders in helping drive that change, with strong ecosystem relationships. We combine our strength in technology and leadership in cloud, data and AI with unmatched industry experience, functional expertise and global delivery capability. Our broad range of services, solutions and assets across Strategy & Consulting, Technology, Operations, Industry X and Song, together with our culture of shared success and commitment to creating 360° value, enable us to help our clients reinvent and build trusted, lasting relationships. We measure our success by the 360° value we create for our clients, each other, our shareholders, partners and communities. Visit us at About Siemens AGSiemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company's purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at This document makes descriptive reference to trademarks that may be owned by others. The use of such trademarks herein is not an assertion of ownership of such trademarks by Accenture and is not intended to represent or imply the existence of an association between Accenture and the lawful owners of such trademarks. Copyright © 2025 Accenture. All rights reserved. Accenture and its logo are registered trademarks of Accenture. View source version on Contacts Jens R. DerksenAccenture+49 175 57 Simon KrauseSiemens+49 173 Sign in to access your portfolio

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