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German shipbuilder thyssenkrupp Marine Systems reports record order backlog

German shipbuilder thyssenkrupp Marine Systems reports record order backlog

thyssenkrupp Marine Systems (tkMS), a German naval shipbuilder, has announced a record order backlog of €16.1 billion in the first half of the 2024/2025 fiscal year.

May 16, 2025
thyssenkrupp Marine Systems secures extended submarine order from Singapore

thyssenkrupp Marine Systems secures extended submarine order from Singapore

thyssenkrupp Marine Systems (tkMS) has announced a significant extension to its order from Singapore, further solidifying its position as a leading global provider of naval shipbuilding solutions.

May 8, 2025
Fincantieri and thyssenkrupp Marine Systems partner to support Philippine Navy modernisation

Fincantieri and thyssenkrupp Marine Systems partner to support Philippine Navy modernisation

Italian shipbuilder Fincantieri has entered into a strategic partnership with thyssenkrupp Marine Systems through an Industrial Collaboration Agreement.

April 16, 2025
tkMS and Ulstein Verft sign Letter of Intent to support future Norwegian frigate programme

tkMS and Ulstein Verft sign Letter of Intent to support future Norwegian frigate programme

German defence contractor thyssenkrupp Marine Systems (tkMS) and Norwegian shipyard Ulstein Verft have signed a Letter of Intent (LoI) to strengthen industrial cooperation.

March 28, 2025
Poland’s naval strategy: why midget submarines are not a viable alternative to conventional submarines

Poland’s naval strategy: why midget submarines are not a viable alternative to conventional submarines

Poland is at a pivotal moment in its naval defence strategy, as discussions regarding the procurement of new submarines become increasingly pressing.

February 26, 2025
thyssenkrupp Marine Systems commissioned to advance IDAS air defence system for submarines

thyssenkrupp Marine Systems commissioned to advance IDAS air defence system for submarines

The IDAS system is being developed in collaboration with Diehl Defence, combining the expertise of both companies within the IDAS Consortium.

January 23, 2025
Germany: Bundestag approves funding for Type 127 air defence frigates

Germany: Bundestag approves funding for Type 127 air defence frigates

In December 2024, Germany's Bundestag budget committee has approved funding for the construction of six Type 127 air defence frigates.

January 4, 2025
thyssenkrupp Marine Systems secures record expansion of 212CD submarine programme

thyssenkrupp Marine Systems secures record expansion of 212CD submarine programme

German government orders four more submarines of the Type 212CD for the German Navy.

December 19, 2024
Australia advances general purpose frigate program with European and Japanese shipbuilders

Australia advances general purpose frigate program with European and Japanese shipbuilders

The Albanese Government has selected tkMS from Germany and Mitsubishi Heavy Industries from Japan to progress designs for Australia’s new general-purpose frigates.

December 6, 2024
Germany plans to acquire four additional 212CD submarines in EUR 4.7 billion deal

Germany plans to acquire four additional 212CD submarines in EUR 4.7 billion deal

Germany’s Defence Ministry has announced plans to procure four additional Type 212CD submarines, in a deal valued at over EUR 4.7 billion.

November 29, 2024
German shipbuilder thyssenkrupp Marine Systems reports strong growth in 2023/2024 fiscal year

German shipbuilder thyssenkrupp Marine Systems reports strong growth in 2023/2024 fiscal year

thyssenkrupp Marine Systems (tkMS) has announced robust growth for the 2023/2024 financial year, with significant increases in sales, adjusted EBIT, and order intake.

November 20, 2024
tkMS launches INS Drakon and begins production on first Dakar submarine

tkMS launches INS Drakon and begins production on first Dakar submarine

The INS Drakon is the third and final submarine of the HDW Class Dolphin AIP series, custom-designed for the Israeli Navy.

November 13, 2024
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