| Author (Person) | Arnold, Martin |
|---|---|
| Series Title | Financial Times |
| Series Details | 26.10.04 |
| Publication Date | 26/10/2004 |
| Content Type | News |
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The consolidation of France's military shipbuilding industry moved closer on 25 October 2004 after the French defence minister announced plans to allow the state-owned DCN shipyard to merge with the naval activities of Thales, the part-privatised defence group. France has fallen behind Germany in consolidating its shipbuilding industry. Delays to the long-awaited DCN/Thales Naval merger have raised concerns about the planned creation of a Franco-German naval champion, similar to EADS in the aerospace sector. |
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| Subject Categories | Business and Industry |
| Countries / Regions | Europe, France |
