TKMS and MSI sign contract for frigates
The joint venture supplies key systems for the first four MEKO-A-200 frigates of the German Navy as part of an overall procurement of eight units.
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Provider of integrated naval defense system solutions
tkmsgroup.comLast updated
In short: TKMS posted a record €20.1 billion backlog and won eight German frigates as it expanded submarine deals
The joint venture supplies key systems for the first four MEKO-A-200 frigates of the German Navy as part of an overall procurement of eight units.
The German Budget Committee approved the option exercise for eight total units. This decision sustains series production and supply chains, with first delivery planned for late 2029.
TKMS raises full-year guidance, securing major orders in Germany, Canada, and Norway while reaffirming medium-term margin targets exceeding 7%
The contract includes an option for four more and is the largest order in the company's surface history.
TKMS Chief Executive Oliver Burkhard said the naval shipbuilder expects to sustain profitable growth and expand ...
The Bundestag budget committee released the second tranche; compensation claims from the F-126 project remain unresolved.
After approval by the Bundestag's budget committee, the Kiel shipyard will now build a total of eight of the Meko A-200 type combat ships for the German Navy...
The budget committee of the German Bundestag has approved the procurement of four additional frigates from Thyssenkrupp's defense subsidiary TKMS.
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