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Naval Warfare Review 2024: Business as usual overshadowed by geopolitics and budgets, but innovation promised solutions

13th December 2024 - 10:45 GMT | by Giovanni Rasio, Tony Fyler

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The decommissioned HMS Albion, a symbol of defence cuts in 2024. (Photo: UK MoD)

There was solid programme advancement around the world in 2024, but a combination of more threats, fleet unreadiness and a financial squeeze darkened naval horizons as the year advanced.

What kind of year has it been?

In the naval domain, the answer to that question in 2024 depended on whose navy you spoke to, and what challenges they faced. The idea of ‘business as usual’ came under threat across the year from geopolitical shifts that created new threats, from budgetary shackles, and from the rise of new technologies.

2024 saw several new programmes of consequence signed, started, or brought to fruition, though.

Early in the year, Peru decided to replace its ageing Lupo-class frigates with some lightweight modern alternatives. The nation’s navy chose only one strategic partner

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Giovanni Rasio

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Giovanni Rasio


Giovanni Rasio is the Research Lead at Shephard Group, overseeing the Research Team and leading …

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Tony Fyler

Author

Tony Fyler


Tony Fyler is the Naval Reporter at Shephard

He has experience in business and …

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