Overview

• Thyssenkrupp Marine Systems' order book has reached approximately €18 billion, driven by a recent €1.3 billion submarine order from Singapore.
• The German Bundestag approved €4.7 billion in December 2024 for four Class 212CD submarines, further boosting domestic naval procurement.
• In the first half of fiscal year 2024/25, TKMS secured €5.6 billion in new orders, a significant increase from €669 million during the same period last year.
• The company reported H1 revenue of over €1.1 billion and an adjusted EBIT of €62 million, marking strong financial growth ahead of its planned IPO in 2025.
• TKMS is also expanding into research vessel construction, including the Polarstern icebreaker project for the Alfred-Wegener-Institut.