DCNS Plans Growth Strategy

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France’s DCNS is aiming to grow sales by up to 100 percent over the coming 10 years through a three-pronged strategy of increased international naval sales, expansion in the civil nuclear engineering domain and a push into the marine renewable energy market. DCNS is Europe’s largest naval shipbuilder (owned 75 percent by the French state and 25 percent by Thales). The present annual revenue of just under EUR2.5 billion (US$ 3.6 billion) is projected to increase to EUR3.5-4 billi...
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