The plan to boost indigenous shipbuilding and reduce imports has faced multiple delays due to sluggish procurement, budgetary ...

By Christoph Steitz and Tom Käckenhoff FRANKFURT/DUESSELDORF (Reuters) -Thyssenkrupp gave CEO Miguel Lopez a new five-year ...

The chief executive of Thyssenkrupp AG’s naval vessel maker Marine Systems nudged Germany’s government to take a stake as it continues working on a separation from its parent company.

The company will in future consolidate all areas under the brand TKMS, the abbreviation for the Kiel submarine builder Thyssenkrupp Marine Systems, the company said on Wednesday. An investment by ...

The probe concerns four deals involving Israel and Thyssenkrupp. The first was the purchase of the sixth Dolphin-class submarine, which arrived in Israel in 2019. The second deal, to purchase ...

(Dimitar Dilkoff/AFP via Getty Images) PARIS — France’s Naval Group has criticized Germany’s ThyssenKrupp Marine Systems for hurting European submarine vendors by transferring technology to ...

Thyssenkrupp, through its sprawling global ... Second-quarter adjusted EBIT at the group's submarine division, which is currently being prepared for a spin-off later this year, rose 24% to 31 ...

Thyssenkrupp said a major submarine order from the German military in December had led to an advance payment of 1 billion euros ($1.04 billion) during the first quarter, in what it says is a ...

Designed in Germany, made in India The deal with Thyssenkrupp is for six diesel submarines, known as advanced conventional submarines. Among the technical requirements is that the submarines have ...

German naval systems maker ThyssenKrupp Marine Systems expects its overall accessible market size — customer base — to triple by the end of the decade, according to CEO Oliver Burkhard.

The IPO of ThyssenKrupp Marine Systems (TKMS), a submarine and warship manufacturer, is to be finalised this year through the transfer of shares to existing shareholders. Global warmongering has ...