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Marine Systems Thyssenkrupp Oliver Berkhard (4h r), German Defense Minister Boris Pistaria (6th R) and State Prime Minister Meclenburg-Western Manuel Swiess (8th) during the visit Submarines, 1725, in Wismar.
Morris McCain | Getty Images | Gets the image
According to the CEO of Oliver Berkhard, the manufacturer of maritime systems of the German military systems thyssenkrupp will predict that its achieving market will double or three, CEO Oliver Berkhard reports.
“This attainable market in electronics, drones, superficial vessels and submarines we expect that by the end of this decade it has doubled or even triple,” Berkhard CNBC said on the sidelines of the Singapore Defense Summit.
That goes on the back Voting of the German Parliament in favor of a large financial packagewhich includes changes to long -standing debt policy to provide higher protection costs.
Berkhard noted that this step shows that “when it comes to the defensive budget, there is more no restrictions.”
The proposed changes mean that protection and certain safety costs above a particular threshold are no longer subject to debt, which limits how much debt the government can take, and dictates the size of the federal government’s structural budget.
“It’s unusual for Germany,” Berkhard said, noting that the reform was accompanied German Chancellor Friedrich Mertz reports “Given the threats of our freedom and peace on our continent, the rules of our defense should now be” everything you need “.
Berkhard emphasized that “Germans usually say” everything you need “because (its) is very irrational. We have KPI, we have figures, we have arguments, we have research, we have research.
He added: “It means that it is 500 billion (euro) or even more, it is a kind of special funding that has not been there, has never been noticed since 1945.”
According to him, that is, for the defense industry of Germany, this is what the government would like to speed up projects and buy more in the field.
Thyssenkrupp maritime systems, or TKMS, is a military ship for a German engineering conglomerate thyssenkrupp and produces a military -marital court and submarines.
Asked if the campaign provides for the transition from the construction of traditional naval ships to drone drones, such as those used in the Russian war, Berkhard suggested that they could be better called “expansion” on modern naval platforms, such as underwater submarines.
Buhard gave an example, saying that customers could not order four submarines, but possibly two, with 50 autonomous vehicles.
However, he admitted obstacles to construction potential, saying that “everyone has a higher budget. Everyone wants to have it faster and the demand is very strong.”
TKMS have purchased New shipyard in the northern German city of WismarWhich will be used to obtain new vessels for Germany, Norway and Israel, except for traditional shipbuilding institutions in a keel and an object in Brazil.
But Berkhard also acknowledged that companies would need to look for partnerships if she wanted to expand. He pointed on A joint venture earlier in 2025 From the Indian Masagon Doc is the predators through which TKMS will also help develop engineering submarines for the Indian fleet. MDS will build them in India.
Spinaf
Recently, TKMS is in headlines not only with its strong rise in stock prices, but also the news that it will be discarded from the Mother’s company Thyssenkrupp and is included in the Frankfurt Exchange list. CEO Berkhard showed that “we will try to do it this calendar year.”
It seems that investors have come to an increase in appetite for defense costs. Today, Thyssenkrupp’s stock increased by 155% as of March 19. This impetus, said Berkhard, improves the prospects for Spinaf this year.
He said the spinaf’s message was clear: TKMS is on the way to independence.
He added that Thyssenkrupp’s “suffered” shareholders over the past few years in the light of problems in steel and automotive business. Reports From reuters and German media It turned out that the company is planned to reduce 1800 jobs in its automotive division and 11,000 jobs in its steel segment.
TKMS is a “pearl” in Thyssenkrupp’s portfolio, Burkhard said, adding that Spinaf will allow investors to participate in the history of the company.
“We strive to bring this pearl and give all shareholders TK TKMS, and then they can decide on the first day of trading, whether they want to keep it … I think they really appreciate what we are,” he said.
– Sophie Kedelle CNBC contributed to this report.
