Submarine

Submarine Market Outlook

The global submarine market is projected to reach approximately USD 29 billion by 2035, with a compound annual growth rate (CAGR) of around 4% during the forecast period of 2025 to 2035. This growth is primarily driven by the increasing demand for advanced military capabilities, especially in light of ongoing geopolitical tensions and the need for robust naval defense systems. Furthermore, advancements in submarine technology, such as improvements in stealth capabilities and automation, fuel the market's expansion. Coupled with these factors are the rising investments in research and development by both government and private sectors, aimed at enhancing underwater operations and extending operational capabilities. Additionally, the increasing interest in underwater exploration for resources, including oil and gas, further contributes to the market's positive outlook.

Growth Factor of the Market

Several key factors are driving the growth of the submarine market. Firstly, the ongoing modernization programs of naval fleets across various countries are leading to increased procurement of advanced submarines, thereby boosting the market. Secondly, the rising geopolitical tensions in regions such as the South China Sea and Eastern Europe have prompted nations to enhance their naval capabilities, further escalating the demand for submarines. Additionally, the shift towards autonomous underwater vehicles (AUVs) is opening new avenues for market growth, as these vehicles are increasingly employed in both military and scientific research applications. Moreover, advancements in submarine design and technology, particularly in stealth features and energy-efficient propulsion systems, are attracting interest from several nations. Lastly, the expanding oil and gas exploration activities in deeper waters necessitate the use of submarines for efficient resource extraction, providing another significant growth lever for the market.

Key Highlights of the Market

• Projected market size of approximately USD 29 billion by 2035.
• Significant CAGR of around 4% from 2025 to 2035.
• Rising geopolitical tensions driving modernization of naval capabilities.
• Increasing investments in autonomous underwater vehicles.
• Expanding oil and gas exploration activities in deeper waters.

By Type

Nuclear-Powered Submarine :

Nuclear-powered submarines are among the most advanced types of submarines available today, utilizing nuclear reactors to generate power. This technology allows for extended submerged operations without the need for refueling, which can last for years. The strategic advantage of nuclear submarines lies in their stealth and endurance, making them essential components of a nation’s nuclear deterrence strategy. As countries prioritize developing second-strike capabilities, the demand for nuclear-powered submarines is likely to grow significantly. The ability to remain hidden while carrying out long-duration missions gives these submarines a competitive edge over conventional alternatives. Moreover, advancements in reactor technology are expected to enhance the operational efficiency and safety of nuclear submarines, further solidifying their role in naval warfare.

Diesel-Electric Submarine :

Diesel-electric submarines use diesel engines for surface operations and electric batteries for submerged missions, making them versatile and cost-effective. They are primarily utilized by smaller navies or for specific missions where stealth is critical but long endurance is not required. The ongoing technological advancements have improved the capabilities of diesel-electric submarines, allowing them to operate longer and deeper than their predecessors. These submarines are particularly valued for their lower operational costs, making them an attractive option for nations looking to enhance their naval capabilities without substantial financial investments. Additionally, the increasing focus on hybrid propulsion systems that combine both diesel and electric power further enhances the appeal of this submarine type.

Ballistic Missile Submarine :

Ballistic missile submarines (SSBNs) serve a crucial role in a nation's nuclear triad, acting as a nuclear deterrent. These submarines are specifically designed to carry and launch ballistic missiles, providing a second-strike capability that is vital for strategic defense. The operational capabilities of SSBNs make them a key asset for countries looking to enhance their nuclear deterrence posture. As geopolitical tensions rise globally, the demand for advanced ballistic missile submarines is projected to increase. The ongoing development of stealth technologies, which enable these submarines to avoid detection, also heightens their strategic value. Furthermore, nations are investing in upgrading their existing fleets to meet modern threats, leading to robust growth in this segment.

Attack Submarine :

Attack submarines (SSNs) are designed primarily for engaging enemy vessels and conducting covert operations. These submarines are adept at anti-submarine warfare and are increasingly being equipped with advanced technologies that enhance their effectiveness in various combat scenarios. The rising emphasis on naval power projection and blue-water capabilities among several nations is driving the demand for attack submarines. Additionally, the incorporation of advanced sonar systems and weaponry, including cruise missiles, ensures that these submarines remain relevant in modern warfare. As navies around the world seek to expand and modernize their fleets, the attack submarine segment is anticipated to witness substantial growth over the coming years. Moreover, the introduction of autonomous capabilities into attack submarines is expected to revolutionize their operational strategies and effectiveness.

Autonomous Underwater Vehicle :

Autonomous Underwater Vehicles (AUVs) are increasingly being adopted for various applications, including military, scientific research, and commercial purposes. These unmanned vehicles can perform complex underwater tasks without direct human control, making them invaluable for missions that require stealth and precision. The versatility of AUVs allows them to engage in a wide range of operations, such as oceanographic data collection, surveillance, and underwater inspections. As technology advances and the costs of deploying AUVs decrease, their usage is expected to proliferate. Furthermore, the increasing focus on underwater exploration and resource extraction is boosting demand for AUVs, establishing them as a significant segment within the broader submarine market. Their ability to operate in hazardous environments without risking human lives is a distinct advantage, ensuring their continued relevance in various sectors.

By Application

Military :

The military application segment accounts for a significant share of the submarine market, driven primarily by the need for national security and defense strategies. Submarines play a critical role in naval warfare, enabling countries to project power, gather intelligence, and conduct covert operations. The modernization of naval fleets by various countries reflects the growing importance of submarines in military applications. Additionally, the rising defense budgets across the globe, particularly in regions with heightened geopolitical tensions, contribute to the robust growth of this segment. As nations invest in advanced submarine technologies, the military application segment is expected to experience substantial growth over the forecast period.

Scientific Research :

Submarines are extensively utilized for scientific research, enabling oceanographers and marine biologists to explore the depths of the oceans. These underwater vehicles provide valuable insights into marine ecosystems, climate change, and underwater geology. The growing emphasis on environmental conservation and understanding ocean dynamics is expected to drive demand for research submarines. Additionally, advances in technology have improved the capabilities of research submarines, allowing for more comprehensive data collection and analysis. As governments and research institutions increase their investment in oceanographic studies, the scientific research application segment is projected to witness steady growth in the coming years.

Oil & Gas :

The oil and gas sector is another significant application area for submarines, particularly in underwater exploration and drilling activities. Submarines are essential for inspecting underwater pipelines and conducting surveys in deep waters, where traditional methods may be insufficient. The increasing demand for energy resources and the ongoing exploration of offshore fields are driving the need for advanced underwater vehicles. Furthermore, technological advancements in remote-operated vehicles and AUVs have enhanced the efficiency and safety of underwater operations. As exploration activities expand into deeper and more challenging environments, the oil and gas application segment is expected to experience substantial growth, creating opportunities for the submarine market.

Others :

In addition to military, scientific research, and oil & gas applications, there are other areas where submarines find utility. These may include search and recovery missions, underwater tourism, and environmental monitoring. The versatility of submarines allows them to be adapted for various specialized tasks, contributing to their increased utilization across different sectors. As technology advances, the range of applications for submarines is expanding, leading to new growth opportunities within the market. Moreover, as global awareness of environmental issues rises, submarines are being utilized more frequently for monitoring the health of marine ecosystems, further diversifying their applications.

By Propulsion Type

Electric Propulsion :

Electric propulsion systems are widely used in submarines, particularly diesel-electric types, due to their efficiency and environmental benefits. The use of electric propulsion allows submarines to operate silently, which is crucial for stealth operations. This propulsion type typically involves the utilization of batteries charged by diesel engines when surfaced, enabling extended submerged operations. As concerns about environmental sustainability grow, the demand for electric propulsion systems is expected to rise, driving innovation in battery technology and energy management systems. Moreover, advancements in hybrid propulsion technologies that combine electric and conventional power are further enhancing the operational capabilities of submarines, making them more efficient and versatile.

Nuclear Propulsion :

Nuclear propulsion is a game-changer in submarine technology, allowing submarines to remain submerged for prolonged periods without the need for refueling. This propulsion type not only provides substantial operational range but also enables submarines to operate at higher speeds compared to diesel-electric counterparts. The strategic importance of nuclear-powered submarines in national defense cannot be overstated, as they serve as key deterrents in a country's military arsenal. As nations continue to prioritize nuclear deterrence and invest in advanced submarine technologies, the nuclear propulsion segment is expected to see substantial growth. Additionally, ongoing advancements in reactor technology promise to enhance safety and efficiency, making nuclear propulsion an attractive option for future submarine designs.

Conventional Propulsion :

Conventional propulsion systems, predominantly found in diesel-electric submarines, have long been a staple of underwater operations. These systems are characterized by their straightforward design and operational cost-effectiveness. Although they do not offer the same endurance as nuclear-powered submarines, conventional submarines are highly versatile and can be employed in various missions, from coastal defense to reconnaissance. Recent technological improvements have enabled conventional submarines to achieve better stealth capabilities and longer submerged durations, making them relevant in modern naval conflicts. The ongoing advancements in battery technology and energy-efficient designs are likely to sustain the demand for conventional propulsion systems in the submarine market in the coming years.

By End User

Navies :

Navies are the primary end-users of submarines, utilizing them for a wide range of military operations, including deterrence, intelligence gathering, and combat. As nations modernize their naval fleets, the demand for advanced submarines is increasing significantly. The emphasis on establishing a strong naval presence in international waters drives investments in submarine procurement and upgrades. Additionally, the strategic importance of submarines in ensuring national security and defense against potential threats cannot be understated. As naval operations become more complex, the role of submarines as force multipliers is likely to grow, further enhancing their importance within military strategies across the globe.

Research Institutes :

Research institutes are increasingly leveraging submarines, particularly AUVs, for scientific exploration and marine research. These vehicles provide essential data for understanding oceanographic processes, marine biology, and environmental changes. The growing focus on climate change and marine conservation initiatives has led to increased investments in research submarines. Institutions are utilizing these underwater vehicles to explore previously uncharted territories and gather critical data for ongoing research. As awareness of the importance of marine ecosystems rises, the demand from research institutes for advanced submarine capabilities is expected to continue growing over the forecast period.

Oil & Gas Companies :

Oil and gas companies heavily rely on submarines for underwater exploration and pipeline inspections in offshore environments. The search for new energy resources in deeper waters increases the need for advanced submarine technologies capable of conducting complex underwater tasks. Submarines provide essential support for drilling operations, helping to ensure safety and efficiency. The expansion of offshore drilling activities and the growing complexity of underwater infrastructure necessitate the use of specialized submarines for maintenance and monitoring. As the energy sector continues to evolve, the demand for submarines from oil and gas companies is expected to expand, further propelling the market growth.

Others :

Other end users of the submarine market may include governmental agencies and private enterprises involved in underwater tourism, environmental monitoring, and search and recovery operations. These entities utilize submarines for various specialized applications, showcasing the versatility of these underwater vehicles. Innovations in submarine technology are enabling broader utilization across different sectors, leading to increased demand. The growing interest in underwater exploration, alongside rising awareness of environmental issues, is fostering the development of submarines tailored to meet diverse needs. As such, the "others" category is expected to experience continued growth as new opportunities emerge.

By Region

The submarine market is projected to witness significant growth across various regions, driven by differing geopolitical dynamics and defense strategies. North America holds a substantial share of the market, accounting for approximately 35% of global submarine demand, primarily due to the extensive investments made by the United States Navy in modernizing its fleet with advanced nuclear-powered and attack submarines. Moreover, the strategic partnerships and alliances within the region further bolster market growth. Europe follows closely, with a market share of around 25%, fueled by countries such as the United Kingdom, France, and Germany, which are investing in upgrading their submarine capabilities to address emerging security threats. Meanwhile, the Asia Pacific region is emerging as a rapidly growing market, anticipated to expand at a CAGR of approximately 5% over the forecast period, driven by nations like China and India enhancing their naval strength amid regional disputes.

Latin America and the Middle East & Africa are also anticipated to contribute to the submarine market, albeit to a lesser extent compared to North America, Europe, and Asia Pacific. In Latin America, countries like Brazil are making efforts to modernize their naval capabilities, while in the Middle East, nations are exploring submarines for enhancing maritime security in response to regional tensions. The growing awareness of the strategic importance of naval power in these regions is expected to sustain interest in submarine procurement and technology upgrades. Overall, while the submarine market is characterized by strong demand from established naval powers, emerging economies are also recognizing the importance of investing in submarine capabilities, creating a dynamic and evolving market landscape.

Opportunities

The submarine market presents numerous opportunities driven by technological advancements and evolving defense needs. One of the most significant opportunities lies in the development of autonomous underwater vehicles (AUVs). AUVs, with their ability to conduct complex underwater missions without the need for human intervention, are becoming increasingly essential for both military and research applications. As countries seek to modernize their naval capabilities, AUVs are expected to play a crucial role in surveillance, reconnaissance, and data collection. The rising demand for AUVs offers manufacturers and technology developers a fertile ground for innovation and growth, potentially leading to collaborations between the defense and private sectors to explore new capabilities. Furthermore, the integration of artificial intelligence in submarine operations is likely to enhance decision-making processes and operational efficiency, creating additional avenues for market growth.

Another promising opportunity in the submarine market is the increasing focus on environmental monitoring and underwater exploration. As global awareness of climate change and marine conservation rises, the demand for submarines capable of conducting research and data collection in challenging underwater environments is expected to grow. Submarines equipped with advanced sensors and technology can provide invaluable data for scientific research and environmental assessments. In addition, the oil and gas sector's ongoing exploration of deeper offshore fields will continue to drive demand for advanced underwater vehicles capable of managing complex underwater tasks. Consequently, submarine manufacturers have the potential to diversify their offerings and tap into new markets by developing specialized submarines designed for scientific research and resource extraction, ultimately driving growth in this segment.

Threats

Despite the promising outlook for the submarine market, several threats could impede growth. One significant challenge is the increasing budget constraints faced by many nations, as economic turmoil and shifting priorities lead to reduced defense spending. With limited resources, countries may delay or scale back their submarine procurement plans, disrupting market dynamics and slowing growth. Additionally, the complexity and high cost associated with submarine development and maintenance could deter smaller nations from investing in their naval capabilities, narrowing the market for submarine manufacturers. Furthermore, the rapid pace of technological advancements may lead to obsolescence of existing submarine models, compelling manufacturers to continually innovate to remain competitive. This constant pressure to upgrade can strain resources and impact profitability, particularly for smaller companies in the market.

Another significant threat to the submarine market comes from geopolitical tensions and international relations. As nations engage in strategic competition and military posturing, there is a risk of heightened conflicts that could lead to disruptions in the supply chain for submarine production. Sanctions, trade disputes, and political instability in key regions can impact the availability of critical components and materials necessary for submarine manufacturing. Additionally, the rise of asymmetric warfare tactics and advancements in anti-submarine warfare technologies may pose challenges to traditional submarine strategies, necessitating further innovation and adaptation. These external threats highlight the complex and dynamic nature of the submarine market and underscore the importance of strategic planning and agility in navigating potential challenges.

Competitor Outlook

• General Dynamics Electric Boat
• Navantia
• Thyssenkrupp Marine Systems
• Bae Systems
• Lockheed Martin
• Northrop Grumman
• Submarine Manufacturing and Products Ltd.
• Huntington Ingalls Industries
• Kongsberg Gruppen
• Saab Group
• Fincantieri S.p.A.
• Daewoo Shipbuilding & Marine Engineering
• China Shipbuilding Industry Corporation
• Ulvema
• Naval Group

The competitive landscape of the submarine market is characterized by a mix of established players and emerging companies, each competing to advance their technological capabilities and product offerings. Leading manufacturers such as General Dynamics Electric Boat and Huntington Ingalls Industries dominate the market, providing a wide range of submarine solutions tailored to meet the diverse needs of navies worldwide. These companies invest heavily in research and development, focusing on integrating cutting-edge technologies such as advanced sonar systems, stealth features, and automation capabilities into their submarine designs. Furthermore, strategic partnerships and collaborations between defense contractors and government agencies facilitate the exchange of expertise and innovation, ultimately enhancing the competitive landscape of the submarine market.

In addition to the major players, several emerging companies and specialized manufacturers are also gaining traction in the submarine market. Companies such as Kongsberg Gruppen and Saab Group are focusing on developing advanced technologies, particularly in autonomous underwater vehicles and sensor systems, to cater to the growing demand for specialized submarine applications. This shift towards innovation is creating a dynamic competitive environment where adaptability and technological advancement are essential for success. Furthermore, as the global submarine market continues to expand, there is an increasing trend of partnerships and collaborations between traditional defense manufacturers and technology startups, further enriching the competitive landscape.

Among the key players, Lockheed Martin and Northrop Grumman stand out with their extensive experience in defense and aerospace, leveraging their technological expertise to develop advanced submarines. Lockheed Martin has made significant strides in integrating advanced weapon systems and stealth technologies into its submarines, positioning itself as a leader in the market. Similarly, Northrop Grumman's commitment to innovative solutions, particularly in the realm of autonomous systems, showcases its dedication to meeting the evolving needs of naval forces. As these companies continue to invest in research and development, their strong market positions are likely to be further solidified, ensuring their relevance in the competitive submarine landscape.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Ulvema
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Navantia
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Saab Group
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Bae Systems
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Naval Group
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Lockheed Martin
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Northrop Grumman
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Kongsberg Gruppen
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Fincantieri S.p.A.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Thyssenkrupp Marine Systems
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Huntington Ingalls Industries
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 General Dynamics Electric Boat
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 China Shipbuilding Industry Corporation
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Daewoo Shipbuilding & Marine Engineering
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Submarine Manufacturing and Products Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Submarine Market, By Type
    • 6.1.1 Nuclear-Powered Submarine
    • 6.1.2 Diesel-Electric Submarine
    • 6.1.3 Ballistic Missile Submarine
    • 6.1.4 Attack Submarine
    • 6.1.5 Autonomous Underwater Vehicle
  • 6.2 Submarine Market, By End User
    • 6.2.1 Navies
    • 6.2.2 Research Institutes
    • 6.2.3 Oil & Gas Companies
    • 6.2.4 Others
  • 6.3 Submarine Market, By Application
    • 6.3.1 Military
    • 6.3.2 Scientific Research
    • 6.3.3 Oil & Gas
    • 6.3.4 Others
  • 6.4 Submarine Market, By Propulsion Type
    • 6.4.1 Electric Propulsion
    • 6.4.2 Nuclear Propulsion
    • 6.4.3 Conventional Propulsion

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Submarine Market by Region
  • 10.3 Asia Pacific - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 India
      • 10.3.1.2 China
      • 10.3.1.3 Japan
      • 10.3.1.4 South Korea
  • 10.4 Latin America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 Brazil
      • 10.4.1.2 Argentina
      • 10.4.1.3 Mexico
  • 10.5 North America - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 USA
      • 10.5.1.2 Canada
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Submarine market is categorized based on

By Type

• Nuclear-Powered Submarine
• Diesel-Electric Submarine
• Ballistic Missile Submarine
• Attack Submarine
• Autonomous Underwater Vehicle

By Application

• Military
• Scientific Research
• Oil & Gas
• Others

By Propulsion Type

• Electric Propulsion
• Nuclear Propulsion
• Conventional Propulsion

By End User

• Navies
• Research Institutes
• Oil & Gas Companies
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• General Dynamics Electric Boat
• Navantia
• Thyssenkrupp Marine Systems
• Bae Systems
• Lockheed Martin
• Northrop Grumman
• Submarine Manufacturing and Products Ltd.
• Huntington Ingalls Industries
• Kongsberg Gruppen
• Saab Group
• Fincantieri S.p.A.
• Daewoo Shipbuilding & Marine Engineering
• China Shipbuilding Industry Corporation
• Ulvema
• Naval Group