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Submarine U-34 is docked in a shipyard, on the day Germany's Defence Minister Boris Pistorius and India's Defence Minister Rajnath Singh visit the shipyard of warship maker TKMS in Kiel, Germany, April 22, 2026. Fabian Bimmer
Submarine U-34 is docked in a shipyard, on the day Germany's Defence Minister Boris Pistorius and India's Defence Minister Rajnath Singh visit the shipyard of warship maker TKMS in Kiel, Germany, April 22, 2026. Fabian Bimmer
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TKMS sees increased demand from Middle East following Iran war

August 12th, 2026 | 08:23 AM BUSINESS Aerospace & Defense 1

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By Reuters

Warship builder TKMS (TKMS.DE) is ​seeing increased demand from ‌the Middle East region in the ​wake of the ​Iran war, the group's ⁠CEO told journalists ​on Wednesday, 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 that, however, it was too ⁠early ​to quantify ​the impact.

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  • RESULTS/IRAN (URGENT)
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