Naval Group (formerly DCNS)

Naval Group (formerly known as Direction des Constructions Navales or DCNS) is a global and major French defense contractor and an industrial group that specialized in naval-based defense. The group employs next to 16,000 people in 18 countries. The company is owned in part by the Agence des participations de l'État, a private company through which the French state holds a 62.49% stake, Thales holds 35% and the personnel a 1.64% stake. The remaining 0.87% are owned by the heir to the French naval dockyards and the Direction des Constructions et Armes Navales (DCAN), which became the DCN (Direction des Constructions Navales) in 1991, DCNS in 2007 and Naval Group since 2017.