thyssenkrupp shareholders have approved the historic spin-off of TKMS, Europe's leading maritime defense systems provider. The transaction creates an independent, publicly-listed entity with an €18 billion order backlog serving European & international naval forces. Shareholders receive proportional stakes through a 1:20 allocation ratio while thyssenkrupp retains majority control. This strategic restructuring positions TKMS to capitalize on accelerating defense spending across NATO allies, driven by geopolitical tensions & alliance commitments. The autonomous structure enables direct capital market access for growth financing & strategic partnerships.