XTRA:TKMSAerospace & Defense
Why TKMS (XTRA:TKMS) Is Up 18.9% After MDAX Entry And Key India Submarine Talks
TKMS AG & Co KGaA was recently added to Germany’s MDAX Index and is in talks to supply six Type 214 submarines with Air-Independent Propulsion to the Indian Navy, alongside a potential acquisition of German Naval Yards.
The combination of a potential large-scale India submarine contract, index inclusion, and consolidation moves in Germany’s naval shipbuilding sector marks a meaningful shift in TKMS’s profile within the defence industry.
We’ll now examine how the prospective India Type 214...