EDGE and CMN NAVAL have launched a joint venture, AD Naval, in Abu Dhabi to build small to mid-size naval vessels, leveraging a €7 billion order pipeline.
EDGE will hold a 51% stake and collaborate on sales, engineering, and commercial activities. The JV will bring together both companies under an exclusivity agreement on the segment of high value small to mid-size naval vessels including Corvettes, Offshore Patrol Vehicles (OPVs), High-speed Interceptors, Trimarans, and Landing Craft. The scope of the JV will also explore Combat Systems Integration (CSI) of EDGE’s advanced autonomous air and sea, and smart weapons solutions onto vessels built by the new company.
EDGE will establish a design bureau which will assume intellectual property rights for all future designs. The JV will grant EDGE access to CMN NAVAL’s global supply chain and its advanced Integrated Logistics Support (ILS) system and software, enhancing cost efficiency and operational performance through predictive and preventative maintenance, as well as the provision and management of all spare parts.
The agreement follows an initial partnership at IDEX 2025 and aims to support non-NATO navies. CMN NAVAL brings experience from building 3,500 vessels for 48 navies. The JV is expected to boost job creation in the U.A.E. and internationally.