ThyssenKrupp's Naval Division Aims for More Than $70 Billion in Revenue Amidst European Naval Expansion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 30 2025
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Source: WSJ
Revenue Target: Thyssenkrupp’s warship business aims for 61 billion euros ($71.54 billion) in revenue by 2033, driven by Europe's need to modernize its submarine fleet in response to Russian threats.
Stock Market Plans: The German industrial group plans to list its defense marine business, TKMS, on the Frankfurt Stock Exchange this year, capitalizing on the rapid growth in arms manufacturers' valuations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
