TKMS mulls bid for insolvent German shipyard to boost capacity
TKMS is involved with a number of major naval programmes, including the F125-class frigate. (Photo: TKMS)
TKMS did not mention the MV Werften Wismar shipyard by name but told Shephard the company was considering expansion in Germany.
With sizeable order books, Thyssenkrupp Marine Systems (TKMS) is thought to be exploring a possible acquisition of the insolvent MV Werften’s Wismar shipyard.
A spokesperson for TKMS told Shephard that the company was considering capacity expansions in Germany ‘to be able to handle the production of current orders in the best possible way and, above all, in a timely manner'.
They added that consideration of expansion was ‘still in an idea phase’, adding that ‘the situation is still very general.’
The insolvent MV Werften operated three shipyards in Wismar, Stralsund, and Rostock. According to local media, TMKS is likely interested in purchasing
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
![Why small guns have been critical to layered CUAS architectures]()
Why small guns have been critical to layered CUAS architectures
Multiple countries have been deploying small arms as the last line of drone defence due to their multiple operational and tactical advantages.
-
![Singapore Airshow 2026: ST Engineering hints at export success for AME assault rifle family]()
Singapore Airshow 2026: ST Engineering hints at export success for AME assault rifle family
The Singapore-based technology company unveiled its new rifle family at this week’s airshow. Chen Chuanren spoke with the ST Engineering’s head of small arms to find out more about how the weapons have been refined.
-
![High tension in the High North – a wake-up call for NATO’s future Arctic defence efforts?]()
High tension in the High North – a wake-up call for NATO’s future Arctic defence efforts?
Any potential ‘Arctic Sentry’ mission would be months in the planning, but with tensions high in the region given the US’s push for Greenland, NATO countries will need to continue to emphasise their commitment to the region, analysts have said.
-
![Venezuela prepares personnel and equipment for a potential second US attack]()
Venezuela prepares personnel and equipment for a potential second US attack
Defence Minister Gen Vladimir Padrino López has declared that the Venezuelan armed forces “will continue to employ all its available capabilities for military defence”.
-
![As the new year starts, the UK defence spending delay continues]()
As the new year starts, the UK defence spending delay continues
The UK’s defence spending commitments remain uncertain as the government’s Defence Investment Plan, which had been due by the end of 2025, is yet to be published.
