Mar 17 • 11:11 UTC 🇩🇪 Germany SZ

Submarine Builder TKMS: "I Want My Grandchildren to be Able to Work Here Too"

Oliver Burkhard, CEO of TKMS, emphasizes the importance of sustainable employment in his shipyard and discusses the competitive landscape.

Oliver Burkhard, the CEO of Thyssenkrupp Marine Systems (TKMS), which is the largest manufacturer of conventional submarines globally, shares insights from his office overlooking the Kiel shipyard. With over 9,000 employees, TKMS recently went public, showing significant stock price growth, although Thyssenkrupp still retains the majority of shares. Burkhard aims for future generations to have job opportunities at the shipyard, showcasing a commitment to long-term sustainability.

In his conversation, Burkhard highlights the competitive landscape of the defense industry, particularly focusing on new rival Rheinmetall, which is gaining traction. He stresses the importance of innovation and adapting to market changes while ensuring that the workforce is prepared for future challenges. The conversation sheds light on the strategic direction of TKMS in an increasingly competitive sector that often shapes national security.

Moreover, Burkhard's aspirations reflect a broader concern in the industrial sector regarding sustainable employment practices and community engagement. His vision for TKMS is not only about maintaining profitability but also about ensuring that the shipyard remains a viable place for future generations to seek employment, contributing to both local economies and national security capabilities.

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