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.
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.
Following its spin-off from thyssenkrupp AG, stock market debut and announcement of entry into the MDAX effective 22 December, TKMS reported a sharp rise across all key financial figures for the 2024/2025 fiscal year.
Kongsberg Defence & Aerospace has signed a contract to deliver ORCCA combat system elements to six 212CD submarines, four for the German Navy and two for Norway.
TKMS will join the MDAX index on 22 December after meeting Deutsche Börse’s free-float market capitalisation criteria just weeks after its stock market debut on 20 October.
Norway will acquire two additional submarines from Germany’s TKMS, the Defence Ministry confirmed on Friday, lifting the total order to six vessels and pushing project costs close to 100 billion crowns.
TKMS has handed over the second of six contracted HDW Class NTSP submarines during a ceremony marking the transfer of TCG Hızırreis.
TKMS is Europe’s only fully integrated system provider for maritime defence, combining expertise in submarines, surface vessels, unmanned systems, electronics, sensors, and software.
The Indian submarine programme has entered a new phase as TKMS and Mazagon Dock Shipbuilders (MDL) begin official contract negotiations with India’s procurement authority for Project 75(I).
The Canadian delegation, led by Prime Minister Mark Carney and Defence Minister David McGuinty, visited the TKMS shipyard in Kiel on 26 August.
Canada has identified Germany’s Thyssenkrupp Marine Systems (TKMS) and South Korea’s Hanwha Ocean as the leading contenders for a multibillion-dollar submarine contract.
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