Warship builder TKMS sees increased demand from Middle East following Iran war

Published Updated

Warship builder TKMS is seeing increased demand from the Middle East region in the wake of the Iran war, the group’s CEO tells journalists according to Reuters, singling out mine countermeasure technology as a field where this was playing out.

“We didn’t have that before,” Oliver Burkhard said after presenting nine-month results. “We’ll probably all agree that the security narrative in this region has shifted a bit.”

Burkhard said, however, that it was too early to quantify the impact.

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