TKMS and Navantia MoU for European Submarine Project: The European defence landscape is undergoing a major shift. Two of the continent’s premier naval shipbuilders, Germany’s TKMS and Spain’s Navantia, have officially signed a second Memorandum of Understanding (MoU). This agreement takes their earlier partnership to the next level, with a clear goal to establish a formal joint collaboration framework for selected submarine projects by the end of the year, subject to regulatory approvals.