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Global Naval Sales Estimated at $40 Billion
Defense News: PARIS — Euronaval, a naval and maritime defense trade show, is to be held amid buoyant demand in a $40 billion world market, as navies seek to acquire ships and submarines to protect coasts, conduct surveillance over economic zones and project force with a blue water navy, said Patrick Boissier, chairman of Groupement des Industries de Construction et Activités Navales (Gican).
Gican is a trade association that organizes the military maritime exhibition, which runs Oct. 17-19 at Le Bourget, a business center and airport just outside the French capital. The French Ministry of Defence, with support from the Direction Générale de l’Armement procurement office, the Navy and the General Secretariat of the Sea, backs the exhibition.
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