What is "navantia"

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.