Back to today’s briefing

Story perspectives

thyssenkrupp Wins €16 Billion Deal for Singapore Submarines

5/8/2025

40 9

Summary

Story summary

On May 7, 2025, thyssenkrupp Marine Systems secured a pivotal contract with Singapore’s Defence Science and Technology Agency for two more Type 218SG submarines, boosting Singapore's fleet to six. This significant order not only strengthens Singapore's maritime defense but also underscores tkMS's robust market presence, with a staggering €16 billion in orders managed efficiently in Germany.

1 of 1

Story summary

On May 7, 2025, thyssenkrupp Marine Systems secured a pivotal contract with Singapore’s Defence Science and Technology Agency for two more Type 218SG submarines, boosting Singapore's fleet to six. This significant order not only strengthens Singapore's maritime defense but also underscores tkMS's robust market presence, with a staggering €16 billion in orders managed efficiently in Germany.