IHC wins submarine accommodation order; outgoing director sees more defense work ahead

Dutch shipbuilder IHC has been contracted to build crew accommodations for four new navy submarines, a notable defense order for the firm. Outgoing director Derk te Bokkel anticipates additional defense contracts in the near term, signaling potential growth in the Dutch defense industrial base. The order underscores ongoing naval modernization efforts, though financial terms and timeline remain undisclosed.