Saab and ThyssenKrupp have agreed on the Swedish company’s purchase of ThyssenKrupp Marine Systems AB, the former Kockums ship and submarine builder based in Malmo. The 340 million kronor ($50 million) sale will create a new unit within Saab, charged initially with building and upgrading submarines for the Swedish navy. The sale follows several months of discussions precipitated by two events: TKMS’ decision to offer a submarine designed by its German unit, the Type 218SG, to ...


You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Saab Closes Deal To Buy TKMS Submarine Yard".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.