Oliver Burkhard, CEO of TKMS, said: “We are delighted to be included in the MDAX so soon after our debut on the Deutsche Börse. This is a strong signal to our investors, our customers and partners, and our employees.” He added: “We have long-standing customer relationships and have developed a business model that makes us resilient even in dynamic times. By consistently focusing on our operational performance, we have significantly strengthened TKMS in recent years. Today’s success demonstrates the confidence in our company, our products, and our employees.”
The company stated that entry into the MDAX reinforces its strategic positioning as a European maritime powerhouse and the only fully integrated maritime defence systems provider in the region. With a record order backlog, TKMS said it is equipped to invest in innovation and long-term sustainable growth.
Paul Glaser, CFO of TKMS, said: “Over the past three years, we have further developed our company and increased our performance – this achievement has led to our successful spin-off and is now being rewarded with the MDAX listing.” He added: “Looking ahead, if we reliably work through our order book, we will secure a stable return, the necessary cash flow, and sufficient financing for our future projects. This is always linked to our goal of achieving high-margin growth and establishing TKMS as a leading maritime Powerhouse on the stock exchange and in the market.”
The company’s order book has tripled over the past five years to €18.6 billion as of 30 June 2025, reflecting expanding demand in the sector. Recent orders include four submarines under the German-Norwegian 212CD programme, the modernisation of six Type 212A submarines, and the contract to build the research icebreaker Neue Polarstern.
International business growth was also noted, including the delivery of two submarines to an Asian customer and potential opportunities in Canada and India. Based on current programmes and negotiations, TKMS expects the maritime security market to double by the mid-2030s.
