ThyssenKrupp’s warship division expects its market size to triple as defense spending surges [MSNBC.com]

THYSSENKRUPP AG S/ADR (TKAMY)
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Source: MSNBC.com
Thyssenkrupp marine systems CEO Oliver Burkhard (4h R), German Defence Minister Boris Pistorius (6th R) and Mecklenburg-Western Pomerania's State Premier Manuela Schwesig (8th R) during their visit of a shipyard of Thyssenkrupp Marine Systems that will build military submarines on Jan. 17, 2025 in Wismar, Germany.Morris Macmatzen | Getty Images News | Getty ImagesGerman naval systems maker ThyssenKrupp Marine Systems expects its market size to triple by the end of the decade, according to CEO Oliver Burkhard."This attainable market in electronics, drones, surface vessels and submarines, we expect that it's doubling or even tripling by the end of this decade," Burkhard told CNBC on the sidelines of the Singapore Technology Su
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