Ferrol is a city in the province of A Coruña in Galicia, Spain. It is located in the Rías Altas, in the vicinity of Strabo's Cape Nerium. According to the 2021 census, the city has a population of 64,785, making it the seventh largest settlement in Galicia. With Eume to the south and Ortegal the north, Ferrol forms the comarca of Ferrolterra, and together with A Coruña forms the second largest conurbation in Galicia, with a total population of 640,000 in 2016.

Navantia is a Spanish state-owned shipbuilding company that builds vessels for the military and civil sectors. It is the fifth-largest shipbuilder in Europe and the ninth-largest in the world. The company is the result of the segregation of the military assets of the IZAR Group in 2005. The company designs, builds, and supports all types of surface vessels, submarines, and systems. In addition, it is diversifying into new markets such as renewable energy, the offshore industry, and naval services.