Markets

Insider Trading

Hedge Funds

Retirement

Opinion

15 Navies with the Most Submarines in the World

In this article, we take a look at the 15 navies with the most submarines in the world. You can skip our detailed analysis on this critical naval vessel and head over directly to the 5 Navies with the Most Submarines in the World.

Assessing the strength of a military requires a thorough scrutiny of the sophistication of its weaponry. There is great emphasis on submarines in modern warfare due to the crucial role these submersible vessels play underwater in both covert operations and offensive roles against adversaries. These watercrafts are an integral component in the arsenal of leading naval forces across the world. 

While the United States undisputedly has the most powerful military in the world, it surprisingly is not on top spot when it comes to the fleet size of submarines. This, however, does not imply any deficiency in the realm because most of its submarines are of premium quality, powered with nuclear technology in contrast to a majority of other countries that are in the race.

The Virginia class is the latest class of submarines operated by the United States Navy. The nuclear-powered attack submersible first joined the Navy in 1998. Designed by General Dynamics Corporation (NYSE:GD)’s subsidiary, General Dynamics Electric Boat (GDEB), and Huntington Ingalls Industries, Inc. (NYSE:HII), the Virginia class offers multiple capabilities to the Navy, such as reconnaissance, land attack, anti-shipping, and special operations. According to a Congressional Research Service report in April 2019, the Virginia class costs between $2.8 to $3.2 billion per unit.

Australia is likely to become the second country after the United States to operate the Virginia class of submarines, as the US Navy plans on selling the used nuclear submarines to Australia under the AUKUS pact in 2032 and 2035. The monetary aspects of the agreement are not known. Australia’s Babcock International, which provides infrastructure in Adelaide and Perth for nuclear powered submarines, has already entered into a strategic partnership with Huntington Ingalls Industries, Inc. (NYSE:HII) to ‘provide critical capability requirements’ for the submarine program.

Another fast-attack, nuclear powered submarine operated by the US is the Seawolf class, which was developed during the 1980s to regain the Navy’s technological superiority over Soviet vessels. The submarine is nearly impossible to locate when it is cruising at 20 knots, and is ten times quicker than the Los Angeles class it succeeded. The Seawolf class was also built by General Dynamics Corporation (NYSE:GD).

The US Navy is also working on Columbia-class, its upcoming nuclear powered ballistic missile submarine, which is scheduled to enter service in 2031. The development work for the project started in October 2020, with General Dynamics Corporation (NYSE:GD) being chosen as the primary contractor and design lead, while Huntington Ingalls Industries, Inc. (NYSE:HII) serving as the primary contractor. 

In 2020, it was reported that Lockheed Martin Corporation (NYSE:LMT) would provide fleet support for the strategic weapon system Trident for the Columbia-class submarine program. The US Navy last year in September marked the successful test launch of Trident II D5 Life Extension Fleet Ballistic Missile (FBM) from the Pacific Ocean. Jerry Mamrol, the VP of Lockheed Martin Corporation (NYSE:LMT)’s Fleet Ballistic Missiles, said on the occasion that his company was proud of the decades long partnership with the Navy, and looks forward to modernizing the missile for use in the Columbia-class of submarines. The D5 missile built by Lockheed Martin Corporation (NYSE:LMT) is one of the most advanced ballistic missiles in the world, with a nominal range of 4,000 nautical miles. It is currently used by the UK’s Vanguard-class and the US’s Ohio-class of submarines.

Other prominent submarines currently in operation include the United Kingdom’s Astute-class, four of which are currently in service of the Royal Navy, and Russia’s Graney-class and Sierra II-class submarines, with the former being the country’s latest nuclear attack submarine that succeeded the Akula-class in 2013.

Methodology

Navies with the most submarines in the world are ranked in ascending order of the fleet size of their submarines. Data has been sourced from Global Firepower Index 2024 and the Nuclear Threat Institute (NTI). In cases where two or more countries had the same number of submarines, we outranked one over the other by analyzing the technological sophistication of their submarines. 

If interested, you can also take a look at the 15 Most Powerful Navies in the World.

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

Let’s now dive into the list of navies with the most submarines in the world.

15. Pakistan

Submarines: 8

According to the Nuclear Threat Institute (NTI), Pakistan’s fleet of eight submarines comprises three MG110 mini and five diesel-electric submarines. These include two Hashmat class submarines whose designs are based on French Agosta class submarines, three Khalid class submarines which are also known as Agosta-90B-class, and three Cosmos-class mini submarines designed by an Italian company. 

14. Italy

Submarines: 8

Next on our list of navies with the most submarines in the world is Italy whose naval fleet consists of four Sauro-class and four Type 212A Todaro-class vessels. All eight of these are diesel-electric attack submarines. The Type 212A Todaro-class submarines also have air-independent propulsion enabled in them. The country has a large shipbuilding industry, with Fincantieri leading much of Italy’s naval constructions. In 2021, it was reported that Italy is also building two small submarines for Qatar, which is testament to the country’s naval export potential.

13. Egypt

Submarines: 8

Four German-made, diesel electric S-44 submarines received between December 2016 and August 2021 as part of a $1.7 billion contract signed between Germany and Egypt in 2011 have bolstered Egypt’s naval strength. Prior to that, the only submarines the African nation had were four units of Chinese Type 033 Romeo-class – which are still operated by the Egyptian Navy.

12. France

Submarines: 9

France is among navies with the most submarines in the world. Its fleet size of nine submarines comprises five nuclear-powered submarines – Émeraude, Améthyste, Perle, Suffren, and Duguay-Trouin; and four nuclear ballistic missile submarines named Le Triomphant, Le Téméraire, Le Vigilant, and Le Terrible. The nuclear ballistic missile submarines are capable of carrying 16 M45 ballistic missiles and a TN-71 thermonuclear warhead.

11. United Kingdom

Submarines: 10

According to the UK government, the Royal Navy operates 10 submarines, of which, six are nuclear submarines, while four are ballistic nuclear submarines. It is one of only six countries to possess all nuclear submarines, as noted by the Daily Express. The UK’s Astute class is one of the most powerful submarines in the world, capable of carrying 36 torpedoes, mines, Tomahawk cruise missiles, and anti-ship Harpoon missiles.

10. Greece

Submarines: 11

Greece is one of the countries with the most submarines in the world, with a fleet size of 11 – all of which are diesel-electric attack submarines. Of these, five are air-independent propulsion enabled according to NTI. In December 2018, the Greek government approved two programs to purchase 36 torpedoes for its Papanikolis-class submarines. The Papanikolis class is among Greece’s finest classes, with the capacity to travel at a speed of 20 knots and be submerged under water for 50 days.

9. Turkiye

Submarines: 12

The Turkish Navy operates 12 submarines, which comprises three classes of four units each – Gür (Type 209T2/1400), Ay (Type 209/1200), and Preveze (Type 209T/1400). All of these are diesel-electric submarines. By 2027, Turkiye plans on operating six Reis-class of submarines, which will enhance the strength of the Turkish Navy due to their air independent propulsion capabilities.

8. India

Submarines: 18

Half-way through the list comes India, with 18 submarines in its fleet. These include sixteen diesel-electric submarines, and two nuclear-powered submarines – INS Arihant and INS Arighat. In 2019, Delhi signed a $3 billion deal with Russia for the lease of Akula-class nuclear submarines for a period of 10 years. Under the pact, the first delivery is expected in 2025.

7. Iran

Submarines: 19

Next up is Iran, whose naval fleet of 19 submarines comprises fifteen Ghadir-class and Nahang-class of mini submarines, which possess tubes for firing torpedoes and anti-cruise missiles. The country also operates four diesel-electric submarines – one of these is locally built, while three were received from Russia.

6. South Korea

Submarines: 22

South Korea’s navy operates 22 submarines, the largest of which is the Dosan Ahn Changho-class, with a displacement of more than 3,000 tonnes. It borrowed its designs from two earlier developed classes – Son Won-Il and Jang Bogo, which were versions of Germany’s Type 209 and 214 diesel-electric submarines.

Click to continue reading and see the 5 Navies with the Most Submarines in the World.

Suggested Articles:

Disclosure: None. 15 Navies with the Most Submarines in the World is originally published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 70%.

For a ridiculously low price of just $29, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

• Access to our Detailed Report on this Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.

• 11 New Issues of Our Premium Readership Newsletter: You will also receive 11 new issues and at least one new stock pick per month from our monthly newsletter’s portfolio over the next 12 months. These stocks are handpicked by our research director, Dr. Inan Dogan.

• One free upcoming issue of our 70+ page Quarterly Newsletter: A value of $149

• Bonus Reports: Premium access to members-only fund manager video interviews

• Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.

• 30-Day Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund within 30 days, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $29.

2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a year later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…