TKMS Navantia Shipbuilding MoU: Madrid/Kiel, April 15, 2026 – In a move set to reshape Europe’s naval defense landscape, German naval systems leader TKMS AG & Co. KGaA (TKMS) and Spanish shipbuilder Navantia S.A. (Navantia) have signed a Memorandum of Understanding (MoU) to explore strategic cooperation on shipbuilding projects. The partnership could see TKMS-designed submarines produced at Navantia’s shipyards in Spain, signaling a new era of European industrial collaboration.