ThyssenKrupp Marine Systems

Last updated
thyssenkrupp Marine Systems GmbH
Company type GmbH
Industry Shipbuilding
FoundedJanuary 5, 2005;19 years ago (2005-01-05)
Headquarters,
Area served
Worldwide
Key people
Oliver Burkhard (Chairman and CEO)
Owner ThyssenKrupp
Number of employees
6000
Parent ThyssenKrupp Industrial Solutions
Subsidiaries Howaldtswerke-Deutsche Werft
Hellenic Shipyards Co.
Atlas Elektronik
Website www.thyssenkrupp-marinesystems.com

ThyssenKrupp Marine Systems of Germany (often abbreviated TKMS) 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 on January 5, 2005.

Contents

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.

It is said that ThyssenKrupp wants to sell its Yards' Business in Emden, Kiel and Hamburg. [1]

Company 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.

In 2017 the Israeli government and TKMS signed a deal for 3 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. [2]

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References

  1. "Thyssenkrupp könnte seine Werften verkaufen". KN - Kieler Nachrichten (in German). 8 June 2018. Archived from the original on 29 July 2021. Retrieved 3 February 2019.
  2. ToI Staff. "Israel signs scandal-ridden €3 billion deal with Germany to buy new submarines". www.timesofisrael.com. Retrieved 2023-09-27.