TKMS and Navantia plan strategic cooperation
The companies are establishing a cooperation framework for industrial, commercial and technological synergies to strengthen European submarine capabilities by the end of 2026.
Latest TKMS News & Updates
See the latest news and media coverage for TKMS. We track all announcements, press releases, and industry mentions in real time, all in one place.
Provider of integrated naval defense system solutions
tkmsgroup.com- Headquarters
- Kiel, Germany
- Company type
- Private company
- Number of employees
- 5,000–10,000
- Industry
- Shipbuilding
Last updated
Latest news about TKMS
In short: TKMS secured a €6.3 billion German frigate order and became the preferred bidder for Canada's multibillion-dollar submarine program.
Company announcements
TKMS successfully delivers the INS DRAKON submarine to the Israeli Navy
The Dolphin AIP program concludes while production advances on the next-gen DAKAR class vessels amid ongoing defense cooperation.
TKMS signs MoU to deepen underwater partnership with Fincantieri
The companies aim to enhance European naval defense capabilities through technological convergence and joint commercial opportunities while maintaining independent operations.
TKMS posts strong 9-month results, raises guidance
Sales increased 19% to €1.89 billion, adjusted EBIT rose 13% to €110 million, and new major orders include four MEKO frigates and up to twelve submarines.
Media coverage
TKMS: A Frigate Design Takes Shape as Two Submarine Mega-Deals Hang in the Balance
TKMS and Rheinmetall push F127 frigate design forward, while Canadian and Indian submarine decisions could add to a EUR 20.1 billion backlog.
TKMS: Two Shipyards, Two MoUs, and a €317 Million Contract That Already Has Ink on It
TKMS deepened ties with Fincantieri and Navantia while its U212-NFS programme added €317 million and the F127 frigate design ...
TKMS: A Shipbuilder's Paper Wealth Collides With the Cash Demands of a Historic Order Boom
TKMS's €25B order book and raised outlook contrast with a €204M cash outflow, leaving shares 23% below their high. TKMS: A Shipbuilder's Paper Wealth Collides...
TKMS Navigates a Defining Stretch as Submarine Diplomacy and a European Pact Take Centre Stage
TKMS signs Fincantieri submarine pact, delivers last Dolphin to Israel, holds €25B+ backlog, and awaits Canada/India deals. The most consequential news for thyssenkrupp Marine Systems...
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