thyssenkrupp AG: Major Orders in the Naval Segment Have led to a 50% Increase in Order Intake in Q1!

The subsidiary thyssenkrupp Marine Systems (TKMS) is one of the leading manufacturers of submarines and naval vessels in Europe. Due to the increased threat landscape, many NATO countries are investing in their naval fleets, particularly in submarines for the Baltic Sea and the Mediterranean. This trend was further underscored in late November 2024 when Defense Minister Boris Pistorius announced the planned acquisition of four submarines of the type 212CD for over €4.7 billion. Additionally, in December 2024, the Budget Committee of the Bundestag...