Frankfurt: Germany’s premier warship manufacturer, Thyssenkrupp Marine Systems (TKMS), officially debuted on the Frankfurt Stock Exchange on Monday, marking a milestone in the company’s restructuring strategy. The move comes as part of Thyssenkrupp’s effort to streamline its operations while capitalizing on a booming global defense market driven by rising geopolitical tensions and increasing national security spending. Thyssenkrupp retained a 51% stake in TKMS, while the remaining shares were distributed to investors, opening the company to public investment and enhancing transparency in its operations.

Established nearly two centuries ago, TKMS has earned a reputation as the world’s largest builder of non-nuclear submarines and an innovator in naval technologies, including advanced min

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