Germany Approves €4.7 Billion U-Boat Deal with Thyssenkrupp Marine Systems

The project includes four advanced submarines for the German Navy, with significant investments in Wismar's shipbuilding facilities and job creation.

The German Bundestag has approved a €4.7 billion contract for Thyssenkrupp Marine Systems (TKMS) to build four U-212CD submarines for the German Navy, part of a joint procurement with Norway.
TKMS will invest a low three-digit million euro sum to upgrade its Wismar shipyard, creating up to 1,500 jobs when at full capacity.
The U-212CD submarines feature enhanced sensor technology, greater range, and the capability to launch missiles, significantly boosting NATO's defense capabilities in northern Europe.
The project is part of a broader €21 billion defense procurement package approved by the Bundestag, including other military assets like frigates and missile systems.
Germany and Norway's collaboration on the U-212CD submarines aims to streamline costs and foster interoperability through a shared design framework.