thyssenkrupp Marine Systems Closes on Acquisition of Atlas Elektronic

thyssenkrupp Marine Systems has taken a major step in its development. By now closing the acquisition of Atlas Elektronik by thyssenkrupp, thyssenkrupp Marine Systems transforms into an integrated systems provider. The two companies will combine their strengths and offer their customers the full range of solutions from a single source.

Dr. Peter Feldhaus, CEO of thyssenkrupp Marine Systems, said, “The global market environment is getting more and more complex and the requirements for integrated security concepts are rising. That’s why we are repositioning thyssenkrupp Marine Systems as an integrated systems provider to give us strategic advantages in the global market for submarines and naval surface vessels.”

The vast experience of thyssenkrupp Marine Systems in building over 160 submarines and 130 surface vessels, in combination with the know-how of over 110 years of Atlas Elektronik in electronical systems, forms the basis for further technological standards. In addition, the recently announced cooperation between thyssenkrupp Marine Systems, Atlas Elektronik and Kongsberg in Norway lays the foundations for broader collaboration within Europe and all NATO countries. It will deliver solutions for increasingly complex customer requirements and thus security concepts for the future.

Dr. Rolf Wirtz, CEO of Atlas Elektronik, said, “The tie-up means we are ideally placed to supply customers with even better, tailored and above all highly cost-efficient products in the future. We are sending out a strong message in the battle for key markets and expanding our presence in foreign markets.”

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