Latest news with #F127
Yahoo
09-05-2025
- Business
- Yahoo
Singapore orders two more submarines from Germany's TKMS in Kiel
German submarine builder Thyssenkrupp Marine Systems (TKMS) intends to build two additional submarines for Singapore. A contract has been signed for the construction of two more Type 218SG submarines, the company announced in the northern city of Kiel on Thursday. This further increases TKMS's record order book, which currently stands at around €16 billion ($18.1 billion). According to thyssenkrupp Marine Systems, "the order extension can be handled within existing capacities in Germany, despite high capacity utilization until the 2040s." In December 2024, the company received major orders worth billions, including four additional Type 212CD submarines for the German Navy, the new Polarstern research icebreaker, and funding for the project launch of the new F127 frigate generation. Singapore already has four submarines built by Thyssenkrupp Marine Systems in Kiel.
Bloomberg
17-03-2025
- Business
- Bloomberg
Germany's Defense Splurge Set to Favor European Companies
European weapons manufacturers from Thyssenkrupp AG to BAE Systems Plc and smaller drone makers stand to gain the most from Germany's massive defense-spending splurge, according people familiar with the matter, after comments by President Donald Trump raised doubts about the US's commitment to transatlantic cooperation. At the top of Berlin's shopping list are six F127 battleships from Germany's ThyssenKrupp Marine Systems valued at more than €15 billion ($16.4 billion), and 20 added Eurofighter jets from BAE and its partners worth some €3 billion, said the people, who spoke on condition of anonymity as the procurement plans aren't public.
