TKAMY Thyssenkrupp AG (PK)

By Friedrich Geiger

BERLIN--ThyssenKrupp AG has entered an agreement with Israel for the delivery of four suface warships, the German engineering group said Monday.

The order volume for the Blohm+Voss MEKO Patrol Corvettes is 430 million euros ($xxx million). ThyssenKrupps' Marine Systems unit plans to team up with German Naval Yards for the construction of the vessels, expected to take place in Kiel, a town in the north of the country.

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