The superior management of ASMAR corresponds to the Superior Council, in accordance with the provisions of Article 9 of the ASMAR Law. Its main functions, among others, are: to approve the General Work Plan, the Investment Plan and the annual budget project, in accordance with current legal regulations.
Approve the general provisions for the organization and development of ASMAR’s industrial and administrative activities, issue rules and instructions for the celebration of acts and contracts intended to fulfill the purposes of ASMAR, and rule on the Annual Balance of the Naval Industrial Fund and the balance of ASMAR’s commercial activity.
In accordance with Article 11 of the Organic Law of ASMAR, the Minister of National Defense and the Commander-in-Chief of the Navy, when they deem it appropriate, may integrate the Council, with the right to speak and vote, in which case they will preside over the session, according to the corresponding order of precedence.
The Superior Council, at present, is made up of: