Peene-Werft is a German shipyard with headquarter and shipbuilding facilities in Wolgast. It has been part of the Bremen Lürssen Group since May 2013.

The F125 Baden-Württemberg-class frigates are a series of frigates of the German Navy, which were designed and constructed by ARGE F125, a joint-venture of Thyssen-Krupp and Lürssen. The Baden-Württemberg class is the heaviest displacement of any class of frigates worldwide. They replaced the F122 Bremen class. They are primarily designed for low and medium intensity maritime stabilization operations, where they are supposed to provide sea-to-land tactical fire support, asymmetric threat control at sea and support of special forces.