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Defence Industry

ThyssenKrupp sales his submarine shipyard Kockums to Saab

The German naval shipbuilding industry is comprised of numerous yards; however, only Howaldtswerke-Deutsche Werft (HDW) and Thyssen-Nordseewerke (TNSW) have experience in the construction of submarines.

Before its merger with ThyssenKrupp, HDW had already created partnerships with international shipbuilding companies. In 1999, HDW acquired Kockums, the leading Swedish naval shipyard, which pioneered the development of stealth surface vessels (Visby-class frigates) and Stirling AIP systems for submarines.

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