TKMS continues to grow: Record figures for the Kiel-based company
The German company ThyssenKrupp Marine Systems (TKMS) from Kiel has published positive news. In the first half of the year, the company was able to significantly increase its revenue and profit. The company is known worldwide for building ships and submarines and plays an important role in the international defense industry.
The current figures show a great success for the company. The so-called order backlog has reached a new record value of 20.6 billion euros. This means that the company has already secured orders for many years to come. Due to this positive development, TKMS has officially confirmed its forecast for the entire fiscal year.
Large international projects are particularly important for further growth. TKMS is currently focusing on potential orders from Canada and India. In Canada, the company is participating in a competition for a project worth several billion euros. There is also great interest in modern technology from Germany in India as well.
The positive development of TKMS shows that demand for modern marine technology remains high worldwide. With full order books, the company looks optimistically toward the future. For the Kiel location and German industry, this success is an important sign of economic stability.