ThyssenKrupp Marine Systems
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.
|  | |
| Type | GmbH | 
|---|---|
| Industry | Shipbuilding | 
| Founded | January 5, 2005 | 
| Headquarters | , | 
| Area served | worldwide | 
| Key people | Dr. Rolf Wirtz (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 | 
Composition
    
The group consists of:
- Howaldtswerke-Deutsche Werft in Kiel, Germany
- Atlas Elektronik in Bremen, Germany
- Hellenic Shipyards Co. in Skaramangas, Greece (25%)
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 Israelian government made a deal with TKMS about 3 "Dakae-Class" submarines. Benjamin Netanyahu is said to have enforced the submarine business against the will of the military and defense ministry. The government under incumbent Prime Minister Naftali Bennet is planning a committee of inquiry. Several parties involved in the business are being prosecuted for corruption.[2]
References
    
- "Thyssenkrupp könnte seine Werften verkaufen". KN - Kieler Nachrichten (in German). 8 June 2018. Retrieved 3 February 2019.
- tagesschau.de. "Deutschland vereinbart U-Boot-Deal mit Israel". tagesschau.de (in German). Retrieved 2022-01-20.