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DCNS is introducing the SMX Ocean - a new submarine concept based on the hull of the nuclear powered 'Barracuda' - the next generation SSN of the French Navy. The SMX Ocean will be fitted with a conventional propulsion system (SSK) with AIP technology.
The military submarine market is expected to continue growing in a modest pace through the second decade of the 21st century, as naval forces are inducting modern, more capable submarines, designed for extended operational missions at sea.
Submarines form an essential core of today’s naval fleets as a result of their flexible mission capabilities and ability to complement other strategic resources. Worldwide, 41 countries possess submarine capability and together operate 450 submarines. Most of these nations are modernizing their fleets or increasing them as a result of changing security situations. A total of 154 submarines are to be procured over the forecast period, costing US$186.3 billion.