TKMS AG & Co. KGaA (ThyssenKrupp Marine Systems) is a group and holding company of providers of naval vessels, surface ships and submarines. It was founded when large industrial conglomerate ThyssenKrupp acquired Howaldtswerke-Deutsche Werft in January 2005.

Composition

The group consists of:

As of August 30, 2006, the group represented a sales volume of around €2.2 billion and had a workforce of 8,400 people.[citation needed]

On the 12th of April 2023, ThyssenKrupp sold its stake on Hellenic Shipyards to George Prokopiou.

History

The corporation opened a branch office in Karachi, Pakistan on 25 July 2007. By January 2009, it had become one of the biggest private shipbuilding companies in Pakistan.[citation needed]

In 2017 the Israeli government and TKMS signed a deal for three Dakar-class submarines. Allegations of corruption surrounding the deal have led to the formation of an Israeli governmental committee of inquiry and subsequent prosecution for corruption.

In 2021, TKMS received the biggest order in its history, worth €5.5 billion for six identical Type 212CD submarines (in partnership with Kongsberg Gruppen) for the German and Norwegian navies. In January 2021, ThyssenKrupp confirmed the acquisition of the Oceana shipyard in Itajaí, Brazil, becoming the company's first shipyard in Latin America, with the objective of building the new Brazilian Tamandaré-class frigates.

In 2023, TKMS signed a memorandum of understanding with India's Mazagon Dock Shipbuilders, with the value of the agreement expected to be about 7 billion euros.

Also in 2023, the German government signalled that it was prepared to back a sale of TKMS by taking a supporting minority stake. Since 2024, ThyssenKrupp has been running a dual-track process for TKMS, which could result in either a sale or spin-off of the division. In June 2024, private equity firm Carlyle and German development bank KfW entered into negotiations to jointly acquire a majority stake in TKMS. By October 2024, Carlyle abandoned the negotiations.

In 2024, TKMS and German peer NVL formed a joint venture to primarily build F127 frigates.

In July 2025, the German government reached a preliminary agreement with ThyssenKrupp on getting a right of approval if a stake of 25% or more were to be sold in TKMS following a spin-off; in addition, the government would have a pre-emptive right if ThyssenKrupp were to sell a stake of 5% or more to a third party.

In August 2025, TKMS lost out against Mitsubishi Heavy Industries on a landmark $6.5 billion deal to supply the Royal Australian Navy with new frigates. That same month, it became one of the two finalists, along with Hanwha Ocean, under consideration for a contract to deliver up to twelve submarines to the Royal Canadian Navy. In July 2026, it was selected as the preferred supplier for the Canadian contract. In July 2026, Canadian Prime Minister Mark Carney selected TKMS over South Korea's Hanwha Ocean for the country's multi-billion dollar submarine fleet construction contract.

In January 2026, TKMS submitted a non-binding bid for smaller competitor German Naval Yards (GNYK).

Military ships and submarines sales and production

Ships

Confirmed sales

Design baseClassType of shipsShipyardOrder / in productionClientNotes
MEKO 200Al-Aziz classMultipurpose light frigateAlexandria Shipyard, in Egypt (produced under licence)1 (3 out of 4 delivered)Egyptian NavyThe three first frigates of this class were constructed at the Stahlbau Nord Shipyard[de], in Bremerhaven (Germany), and the fitting out took place at the HDW shipyard in Kiel (Germany). The three ships were delivered. The fourth ship is made under licence in Egypt, and the fitting out is ongoing.
MEKO A-100Tamandaré-class frigateMultipurpose light frigateTKMS Estaleiro Brasil Sul shipyard, in Itajaí (Brazil) (former Oceana Shipyard)3 (1 out of 4 delivered)Brazilian Navy4 ordered in Mar 2020, production in a TKMS shipyard in Itajaí (Brazil).
Berlin-class replenishment shipProtecteur-class auxiliary vesselAOR vessel Auxiliary Oil ReplenishmentSeaspan Shipyards, in Vancouver (Canada) (produced under licence)1Royal Canadian Navy1 already delivered, a second in production. The ships are part of the JSS project.
Total5

Likely sales

Design baseClassType of shipsShipyardLikely salesClientNotes
MEKO A-400 AMDF127-class frigateGuided-missile frigate (air defence)8German NavyEight frigates are planned to be purchased by the German Navy.
MEKO 200F128 - MEKO A-200 DEU-class frigateFrigate ASW Anti-submarine warfare4German NavyFour frigates approved for order in July 2026 following the cancellation of the F126 Niedersachsen-class frigate.
MEKO A100Tamandaré classMultipurpose light frigateTKMS Estaleiro Brasil Sul shipyard, in Itajaí (Brazil) (former Oceana Shipyard)4Brazilian NavyFour additional planned to be purchased as of Apr 2026.
Total16

Submarines

Confirmed sales

Design baseClassType of shipsShipyardOrder / in productionClientNotes
Dolphin II-class submarineCruise-missile and attack submarineTKMS shipyard in Kiel (Germany)1 (2 out of 3 delivered)Israeli NavyThe last submarine of the Dolphine II class was launched in Nov 2024.
Dakar-class submarineCruise-missile and attack submarineTKMS shipyard in Kiel (Germany)3Israeli NavyThe submarines were ordered in Jan 2022, and the production started in Nov 2024. It is equipped with VLS, and is likely designed to launch nuclear cruise missiles.
Type 212Type 212CD-class submarineAttack submarineTKMS shipyard in Kiel (Germany) TKMS Wismar shipyard in the future (former MV Werften shipyard)6German NavyCommon orders and contract from Norway and Germany. German orders: 2 ordered in Aug 2021. 4 ordered in Dec 2024. Norwegian orders: 4 ordered in Aug 2021. 2 ordered in Dec 2025.
6Royal Norwegian Navy
Type 214Reis-class submarineAttack submarineGölcük Naval Shipyard, in Gölcük (Turkey) (produced under licence, with packages supplied by TKMS / HDW)4 (2 out of 6 delivered)Turkish NavyThe contract for 6 submarines was signed in Jul 2009. The second submarine was handed over in Nov 2025.
Type 218Invincible-class submarineAttack submarineTKMS shipyard in Kiel (Germany)3 (3 out of 6 delivered)Republic of Singapore NavyOrders: 4 ordered in Nov 2013, three delivered, the fourth is ongoing sea trial. 2 ordered in May 2025.
Total23

Likely sales

ClassSubclassType of shipsShipyardLikely salesClientNotes
Type 212Type 212CD-class submarineAttack submarine12Royal Canadian NavyAnnounced as preferred supplier ahead of Hanwha Ocean, negotiations in progress; delivery expected from 2034.
Type 214Project P-75I - phase 2Attack submarineMDSL shipyard in Mumbai (India) (to be produced under licence / tech transfer)6Indian NavyClass selected in Jan 2025, as part of the Project P-75I, likely to be produced under licence in India.
Total18

Planned replacements

Ongoing bids and potential sales in new submarine purchase programmes.

ClassSubclassType of shipsPotential salesClientNotes
Type 209Type 209NG-class submarineAttack submarine3Argentine NavyIn competition with Naval Group to supply submarines to Argentina.
Type 209Type 209NG-class submarineAttack submarine4Egyptian NavyThe Egyptian Navy is looking to replace its Romeo-class submarines, and the Type 209 is among the likely competitors.
Type 209Type 209NG-class submarineAttack submarine4Hellenic NavyThe Hellenic Navy is planning to procure 4 submarines, and one of the German models will be offered. They will replace the Glafkos-class submarine (Type 209/1100) and Poseidon-class submarine (Type 209/1200).
Type 212Type 212CD-class submarine
U212NFS-class submarine
Type 218
Type 212Type 212CD-class submarineAttack submarine3German NavyAccording to the Zielbild Marine 2035+ plan, the German will operate from 6 to 9 Type 212CD-class submarine, therefore up to 3 additional vessels could be ordered..
Type 212U212NFS classAttack submarine2Philippine NavyThe U212NFS is made in partnership with Fincantieri.
Attack submarine2Royal Malaysian NavyTwo planned to be procured between 2031 and 2035, no supplier selected yet.
Dolphin II-class submarineAttack submarine3Royal Moroccan NavyIn 2025, Morocco expressed an interest to purchase 3 submarines.
Type 209Type 209-1400 class
Up to33

External links