The companies have outlined plans for US$25 million manufacturing lines and initial deliveries in 2027 as Washington tightens restrictions on Chinese UAV components.
Ahead of Euronaval 2026, major submarine, frigate and aircraft carrier programmes are driving investment, while future corvette replacements and growing interest in uncrewed vessels offer further opportunities for industry into the 2030s and beyond.
Sales and underlying profits fell for UK-based Babcock International in the 12 months ended 31 March, but it has already picked up new business in the first months of FY2022.
Italian defence contractor Leonardo claimed a good first half of 2021, with military sales counteracting a decline in its civil aerostructures business hit by COVID-19.
Israel Shipyards hopes its Themistocles-class corvette — named after the legendary Athenian naval strategist — will beat out its rival European Patrol Corvette (EPC) to fill Greece's corvette requirement.