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Kiel-based shipbuilder TKMS continues to grow: Record order backlog

2026-05-11

Kiel-based shipbuilder TKMS continues to grow: Record order backlog

The company ThyssenKrupp Marine Systems (TKMS) from Kiel has presented positive figures for the first half of the year. The firm, which is primarily known for building submarines and warships, was able to significantly increase its revenue and profit. This shows that the demand for modern maritime technology is currently very high.

The company's current order backlog is particularly impressive. TKMS already has orders totaling 20.6 billion euros on its books. This is a new record value. The operating result (EBIT) has also improved compared to the previous year, underlining the firm's financial stability.

In the future, TKMS wants to expand even further. The company is focusing particularly on large orders from abroad. Currently, projects in India and Canada are at the center of interest. In Canada, TKMS is participating in a competition for a project worth several billion euros. Such international contracts are crucial for long-term success.

Due to the positive development, the management has confirmed its forecast for the entire year. Experts expect growth to remain stable. If the negotiations in Canada and India are successfully concluded, TKMS could further consolidate its position as one of the world's leading shipbuilders.

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