Press releases

5/28/25

thyssenkrupp Marine Systems strengthens its commitment in Canada with a new capital city representative office in Ottawa

  • thyssenkrupp Marine Systems invests in long-term cooperation with Canada

  • 212CD-Class submarines can contribute to Canada’s defense capabilities

Ottawa, May 28, 2025 – thyssenkrupp Marine Systems is opening a representative office in Canada to intensify cooperation with local stakeholders and strengthen its local presence. This step underscores thyssenkrupp Marine Systems' ambition to focus its work on the needs of the Canadian Navy.

The opening of the office in Ottawa marks an important milestone in the 212CD project for Canada. In view of the changing global security situation, international relations are of crucial importance. The new location will enable even closer cooperation with existing and potential customers in order to optimally meet the specific requirements of the Canadian Navy.

‘Our representative office in Canada has the potential to become a hub for North America in the long term. We want to raise our profile and underline our commitment beyond our project plans – because we are here to stay: we are not just interested in a contract – we are interested in a long-term strategic partnership with Canada,’ explains Oliver Burkhard, CEO of thyssenkrupp Marine Systems. ‘We are seeing growing international demand for modern, reliable system solutions and are convinced that the 212CD-Class can play a key role here,’ he adds.

A look at the current projects makes it clear that the production of the existing 212CD submarines for Germany and Norway is on schedule. At the end of 2024, thyssenkrupp Marine Systems received an order extension for four submarines from Germany. In international business, too, the recent signing of a contract for two additional submarines for Singapore underscores thyssenkrupp Marine Systems' strong position and contributes to the current increase in the order book to around €18 billion.

Norway and Canada have identical intended uses and areas of operation for the 212CD. In addition, the 212CD can be integrated into global security missions at bilateral, multinational and NATO level in various environments.

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5/26/25

thyssenkrupp Marine Systems and Saab Australia sign Memorandum of Understanding to deepen naval collaboration

  • Strengthening bilateral collaboration: thyssenkrupp Marine Systems and Saab Australia sign a Memorandum of Understanding to deepen cooperation on the MEKO A-200 frigate program

Sydney, Australia, May 26, 2025 – thyssenkrupp Marine Systems has signed a Memorandum of Understanding (MoU) with Saab Australia, marking a significant step in their ongoing cooperation. The agreement aims to explore opportunities for collaboration on the MEKO A-200 frigate platform, with a focus on enhancing naval capabilities through joint innovation and integration.

The MoU was formalized at the Consulate-General of the Federal Republic of Germany in Sydney in the presence of Vice Admiral Carsten Stawitzki, Director-General for Armaments in the German Federal Ministry of Defense, who emphasized the strategic value of such partnerships. “Collaborations like this one show how international industry partnerships can strengthen national defence capabilities,” Stawitzki noted.

This partnership builds on a longlasting working relationship between thyssenkrupp Marine Systems and Saab Australia, and reinforces both companies’ commitment to providing sovereign industrial capability in naval defence.

This collaboration will leverage Saab’s Australian Combat System (AusCMS) already in service across the Royal Australian Navy’s surface fleet. The AusCMS provides enterpriselevel interoperability, training, substainment, and operational benefits, contributing to the sovereign capability of Australia’s defense industry.

This initiative aligns with thyssenkrupp Marine Systems’ proven business model, which supports partner nations in building, maintaining, and upgrading naval vessels domestically. Having previously delivered the ANZAC frigates to the Royal Australian Navy and supported similar projects across 16 navies – including six NATO members – thyssenkrupp Marine Systems continues to demonstrate its commitment to sovereign shipbuilding partnerships.

“This MoU with Saab Australia reflects our proven approach to naval shipbuilding and longterm collaboration with trusted partners,” said Dr. Oliver Juckenhöfel, Executive Vice President of Operating Unit Surface Vessels at thyssenkrupp Marine Systems. “We are proud to contribute to a robust and sovereign naval capability through a model that has proven successful across multiple navies,” he added.

The MoU with Saab Australia highlights both companies’ shared strategic vision for delivering mature, low-risk, and proven solutions to meet future naval requirements, including those of the SEA 3000 program.

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5/16/25

thyssenkrupp Marine Systems with record order backlog in the first half of 2024/2025

  • Order backlog grows to Euro (€) 16.1 billion thanks to significant successes in all areas

  • Adjusted EBIT rises 46% year-on-year to €62 million

  • thyssenkrupp Marine Systems remains on track to become an independent company

thyssenkrupp Marine Systems significantly increased its order intake year-on-year in the first half of 2024/2025 and substantially improved its profitability.

Thanks to major orders in all segments – underwater, surface and electronics – order intake rose to €5,591 million in the first half of 2024/2025 (previous year: €669 million). In the underwater segment, Marine Systems received an order extension from the German Armed Forces in December 2024 for four additional submarines as part of the 212CD program. In addition, the surface segment was awarded the contract by the Alfred Wegener Institute for the research icebreaker ‘Polarstern’. With these significant milestones, the order backlog grew to a record level of €16.1 billion at the end of the first half of the year (end of fiscal year 2023/2024: €11.7 billion).

Oliver Burkhard, CEO of thyssenkrupp Marine Systems: “We achieved great success in the first half of the year and booked a record order backlog of over €16 billion. Both the order expansion under the 212CD program and our order for the new Polarstern underscore our position as a Maritime Powerhouse – as a systems provider to the maritime defense industry. The recent signing of the contract for the follow-up order of two submarines for Singapore has contributed to our order book currently rising to around €18 billion. This strong performance gives us momentum for the planned spin-off of thyssenkrupp Marine Systems. We are pushing ahead with this with all our strength in order to be able to exploit the growth opportunities in our market to the fullest.”

Due to the steady ramp-up in new construction business, sales in the first half of the year were also positive at €1,101 million (same period last year: €965 million). Adjusted EBIT increased to €62 million (same period last year: €42 million). The adjusted EBIT margin improved to 5.6% in the first six months (same period last year: 4.4%). The improved profitability was primarily due to project progress in the new construction business and a positive development in the marine electronics segment.

Paul Glaser, CFO of thyssenkrupp Marine Systems: “Our order backlog gives us long-term visibility and predictability and puts us in an excellent position to significantly increase our revenue in the future. At the same time, we have structurally and sustainably improved our profitability in recent years. We were able to demonstrate this once again in the first half of the current fiscal year. We are continuing to do our homework and firmly expect to maintain the positive trend and further increase our earnings margin.”

thyssenkrupp Marine Systems is constantly working on developing itself as a Maritime Powerhouse. To enable the company to make the best possible use of its growth opportunities, thyssenkrupp AG is pursuing the spin-off of the marine segment on the capital market in the current calendar year.

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Safety first! Because we care.

When it comes to the safety of our employees, we don't joke around. At thyssenkrupp Marine Systems all colleagues should be safe. David Mißfelder, Head of Occupational Safety and Health at our Kiel shipyard told us how his team meets this challenge.

A great kick-off for our new platform

"Technology Conventions 2020“ in Kiel this week! With naval specialists from #MarineSystems and selected suppliers, the first technology discussion focused on REP-floors - standardized floor plates for #submarines and #surfacevessels. Insights from #Engineering and Supply Chain Management as well as field reports from our #SeaTrial team laid the foundation for the joint workshops sharing the latest functional and strategic trends in the marine systems industry. We are looking forward to the next "Technology Conventions“ this summer for more exciting dialogues on #innovation, #digitalization and marine technology. Attendance by invitation only. To participate, please reach out to our colleagues at Techcon2020.tkms@thyssenkrupp.com.

Cem Selvi and his team make trainees fit for the shipyard

People come first: Cem Selvi and the training team at the Kiel shipyard educate and support their apprentices and dual students from start to finish of their training at #thyssenkrupp Marine Systems and weld the young people together as a team! #career

ADLiS® - The New Dimension in Network-based Operations. For all Nations.

It's simply a tactical decision. #ADLiS® is the #data link system from our experts at #AtlasElektronik. It opens up new dimensions in network-based operations by combining all information at the highest speed and enabling the #tactical situation to be recorded. It links people, platforms, sensors and weapons. This greatly increases the command speed and the combat strength of the entire unit.

Today, Germany's most modern

#frigate was put into service and officially commissioned: The F125 "Nordrhein-Westfalen“. The ship is the second of a total of four frigates which are available to the #GermanNavy. Their strength lies not only in fulfilling the traditional tasks of national and alliance defence, but also in their design for conflict prevention and crisis management as well as intervention and stabilization operations on an international scale. We look forward to the handing over of the third and fourth ships which are planned to take place successively until 2021. #BadenWürttembergKlasse

On today’s #IntellectualPropertyDay,

we are celebrating 125 years of patent history at @thyssenkrupp. Every year, thyssenkrupp developers file #patents for about 600 new #inventions worldwide. On our way to become the most modern naval company in Europe, we at @thyssenkrupp Marine Systems are working on new innovations every day. For example, when developing an underwater vehicle that prevents unnecessary by-catch and saves the ecology of oceans around the world: https://lnkd.in/dBFJc4T

A new standard for unmanned underwater operations:

The Modifiable Underwater Mothership (MUM). Today, we proudly presented the results of a pioneering research project on large modular underwater vehicles. Designed in collaboration with project partners from science and industry, MUM could now permanently change the way #underwater research is conducted. The high-tech asset for the civil #maritimeindustry is powered by a state-of-the-art, emission-free fuel cell. Independent of wind and weather, MUM can operate 24/7, 365 days a year. Norbert Brackmann, German government coordinator for the maritime industry, visited our shipyard in Kiel to experience the project progress and the technological innovations developed by our maritime experts. To further the research, we will now apply for funding for a MUM large-scale demonstrator as part of the Economic Ministry’s Maritime Research Programme.

Fascination deep sea: Autonomous submarines tap previously unexplored seabed

On our way to become the most modern #naval company in Europe, we think beyond known waters. With #SeaCat our engineeres set out to explore the world's sea beds – a mystery to mankind. The unmanned #submarine, uses underwater mapping and footage to provide new insights into the mysterious world #underwater.