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News Wire / economy

Rheinmetall, TKMS In Bidding Race For German Naval Yards

developing SWR Aktuell Kiel 4d Impact 8
Rheinmetall and ThyssenKrupp Marine Systems (TKMS) are currently engaged in a bidding race for Kieler German Naval Yards, formerly known as Hovals Werke Deutsche Werft. The bidding race is estimated to involve around 12 billion Euros, a figure that exceeds the annual turnover.

Topics

mergers and acquisitions defense industry shipbuilding

Developing

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Sources · 7 independent

SWR Aktuell

“Mit dem U-Bootbauer ThyssenKrupp Marine Systems (TKMS) liefert sich Rheinmetall derzeit ein Bidderrennen um die Kieler German Naval Yards... Im Raum stehen rund 12 Milliarden Euro.”

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