TKMS AG & Co. KGaA is a newly independent, publicly listed company spun off from thyssenkrupp AG, specializing as a fully integrated systems provider for maritime defense. It combines submarines, surface vessels, unmanned platforms, electronics, sensors, software, and maritime command and control systems. TKMS made its stock market debut on October 20, 2025, on the Frankfurt Stock Exchange's Prime Standard segment, with shares trading under the ticker symbol TKMS. Thyssenkrupp AG remains the strategic majority shareholder with a 51% stake after the spin-off. TKMS has over 9,100 employees operating at three shipyards in Kiel, Wismar (Germany), and Itajaí (Brazil) and is active globally. The company has a strong order backlog of €18.6 billion and aims for annual revenue growth of about 10% and an EBIT margin exceeding 7% in the medium term. TKMS is positioned as one of the world's leading providers of naval vessels and maritime defense technologies, focusing on submarines, surface ships, and maritime electronics and security technologies. It has been involved in recent major deals, joint ventures, and government negotiations related to naval defense contracts. The KGaA in the company name refers to a German corporate form (Kommanditgesellschaft auf Aktien), meaning a partnership limited by shares, combining elements of a partnership and a stock corporation, giving it both voting and dividend rights for shareholders.