Thales: Record orders meet seasonal headwind

Thales is one of Europe’s most important defense and technology corporations. The French company develops radar, air defense, and communication systems, avionics, satellite technology, as well as cybersecurity and identity solutions. Thales primarily earns money from long-term government defense and space programs, equipment for civilian aircraft, and digital security services. Its strong position in air defense, sensors, and secure communication gives the company access to increasing European military budgets. Additional opportunities arise from...