Navantia is a Spanish state-owned shipbuilding company, which offers its services to both military and civil sector. It is the fifth largest shipbuilder in Europe, and the ninth largest in the world with shipyards all over Spain.
Astilleros Españoles SA had been created in 1967 by merging the Basque shipyards of Euskalduna, La Naval de Sestao and Astilleros de Cádiz. In July 2000 it merged with the public naval shipyards, Empresa Nacional Bazán, to form IZAR. In March 2005 Sociedad Estatal de Participaciones Industriales (see SEPI below) formed the naval wing of IZAR into Navantia.
Navantia, the Spanish shipbuilder, 100% owned by SEPI, the Spanish Government Industrial Holding, is engaged in the design, construction and integration of warships, as well as ship repairs & modernizations. It is also engaged in the design and manufacture of Integrated Platform Management Systems, Fire Control Systems, Command and Control systems, Propulsion Plants and through life support for all its products. Even though its main line of activity is in the naval field, Navantia designs and manufactures systems for the Army and the Air Force.