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,” said Oliver Burkhard, CEO of TKMS. “Our contribution to defense capabilities is more relevant than ever: We supply systems that protect free societies.”
Burkhard added, “As part of the MDAX, we will gain greater visibility and access to a larger circle of financially strong, long-term investors for this important task, which will enable us to support our growth in the best possible way. We want to remain the preferred partner for the delivery of maritime defense systems, both in Europe and worldwide.”
In the 2024/2025 fiscal year, TKMS reported growth across all key financial figures, with order intake rising to around €8.8 billion and the order backlog remaining at a record level of approximately €18.2 billion as of 30 September 2025. Sales increased to €2.2 billion, the adjusted EBIT margin rose to 6 per cent, and the company targets a margin of more than 7 per cent in the medium term.
Order momentum has been driven by the expansion of the German-Norwegian 212CD submarine programme to its planned maximum of twelve boats, as well as TKMS’s selection as one of two remaining bidders in Canada’s submarine procurement programme. Additional contracts include heavyweight torpedoes for the Type 212CD, modernisation of German Navy submarines, new submarines for an Asian customer, and the construction of the “Polarstern” research vessel for the Alfred Wegener Institute.
