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Since 2024, ThyssenKrupp has been running a dual-track process for TKMS, which could result in either a sale or spin-off of the division. In June 2024, private equity firm Carlyle and German development bank KfW entered into negotiations to jointly acquire a majority stake in TKMS. [6] By October 2024, Carlyle abandoned the negotiations. [7]
Australian shipbuilder Austal and US-based private equity firm Cerberus Capital Management considered launching a joint bid to takeover the Subic shipyard. [9] Austal would later drop its bid to have a stake in the shipyard. [10] Agila Subic became Cerberus' new partner, taking over the operations of the shipyard in March 2022. [11]
Share of the Howaldtswerke, issued 19 June 1889 View of HDW-shipyard at Kiel An early submarine, the Brandtaucher, in the museum in Dresden. HDW was founded October 1, 1838 in Kiel by engineer August Howaldt and entrepreneur Johann Schweffel [] under the name Maschinenbauanstalt und Eisengießerei Schweffel & Howaldt (Machine Factory and Iron Foundry Schweffel & Howaldt), initially building ...
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GROTON, Conn. (AP) — A government report recommends the Navy give more submarine repair work to private yards to save money.
Damen Shipyards Group is a globally operating company with more than 50 shipyards, repair yards, and related companies − as well as numerous partner yards that can build Damen vessels locally. Since 1969 it has designed and built more than 5,000 vessels and delivers over 150 vessels annually.
BAE Systems Submarines' 25,000m² Devonshire Dock Hall indoor shipbuilding complex, the largest of its kind in Europe.. BAE Systems Submarines, [note 1] is a wholly owned subsidiary of BAE Systems, based in Barrow-in-Furness, Cumbria, England, and is responsible for the development and production of submarines.
The Navy is reliant on only a handful of major shipbuilders that design and construct different ship classes: Huntington Ingalls Industries (aircraft carriers, submarines, amphibious ships ...