Elbit Systems, ThyssenKrupp Marine Systems (TKMS) and the Israeli Ministry of Defense have inaugurated a new manufacturing facility in Israel for underwater submarine components.
German naval shipbuilder TKMS and Magellan Aerospace Corporation have signed a Teaming Agreement to strengthen industrial cooperation in support of Canada’s future submarine capabilities.
Canadian Patrol Submarine Project: TKMS and Magellan sign torpedo production pact Read More »
The company said sales remained broadly stable at €545 million, compared with €550 million in the same period a year earlier, reflecting project progress across existing programmes. Adjusted EBIT was unchanged at €26 million, while the adjusted EBIT margin edged up to 4.8% from 4.7% in the prior-year quarter. Free cash flow amounted to
German shipbuilder TKMS and Canadian construction group EllisDon have signed a Strategic Teaming Agreement to support the Canadian Patrol Submarine Project.
TKMS and Germany’s Federal Office of Bundeswehr Equipment, Information Technology and In-Service Support, known as BAAINBw, have signed a preliminary agreement for the MEKO A-200 DEU frigate programme, the company said on Tuesday.
TKMS and Seaspan Shipyards have signed a Teaming Agreement to support the Government of Canada’s objective of achieving a sovereign sustainment capability for the Canadian Patrol Submarine Project.
Norway has signed a contract with TKMS for two additional Class 212CD submarines, increasing its planned fleet from four to six boats.
The MDAX, alongside the DAX, comprises the 90 largest listed companies in Germany, and TKMS has been included in the index since 22 December 2025. Its addition strengthens the MDAX with Europe’s only fully integrated systems supplier for maritime defence products. “Today’s event sends a strong signal to our investors, customers, partners and employees,”
TKMS and Cohere have signed a Teaming Agreement to jointly explore the integration of advanced artificial intelligence technologies into the Canadian Patrol Submarine Project.
On 5 January 2026, more than 140 new employees started work at the thyssenkrupp Marine Systems site in Wismar, raising the total workforce there to over 400.
TKMS and Marmen have signed a strategic Teaming Agreement to collaborate on the production of major submarine workshare for the Royal Canadian Navy.
Canada: TKMS and Marmen sign teaming agreement to support 212CD submarine production Read More »
Kongsberg Defence & Aerospace has signed a contract to deliver four navigation systems for the German Navy’s Type 212A submarine refit programme, with a value of more than NOK 600 million.
