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TKMS sees increased demand from Middle East following Iran war

TKMS sees increased demand from Middle East following Iran war

- 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.


(Reporting by Christoph Steitz
Editing by Linda Pasquini)

((christoph.steitz@thomsonreuters.com; +49 30 220 133 647;))

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