ThyssenKrupp Marine Systems
Defense firms eye billion-dollar chance for 'made in India'
India has drawn up a shopping list for tens of billions of dollars of foreign fighter jets, armored vehicles, submarines and helicopters but it will only sign the cheques if they are made in India.
France wins 'momentous' $39 bln Australia submarine contract
France on April 26 beat off competition from Germany and Japan to win an Aus$50 billion ($39 billion) contract to design and build Australia's next generation of submarines, a decision Tokyo called "deeply regrettable."
German company will pay compensation to Turkey over delay in submarine delivery
Germany's ThyssenKrupp will pay 2 million euros of compensation to Turkey as the company has not even begun to produce the submarines, though the company had agreed to make the first delivery in 2015, sources say.
Three new submarines to be ready by 2015
Construction of three Type 214 submarines, which has been stymied by technical snags, legal disputes and corruption probes, will be completed in the next couple of years, the Hellenic Navy has said.
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