Thales sales jump on European rearmament, satellite systems / Photo: JULIEN DE ROSA - AFP/File
-
Capital-markets shares rally as Motilal Oswal and Angel One lead gains
-
Why Pregnancy Cost Estimates Fail: A Family’s $9,000 Surprise
-
Latino Voters Defy ICE Fears, Turn Out in Record Numbers for Midterms
-
US Strikes Iranian Targets in Strait of Hormuz Ahead of Midterms
-
ITC shares rise as analysts anticipate gradual cigarette-business recovery
-
Brodeur’s Overtime Goal Secures Bethlehem’s Second Consecutive Sectional Title
-
Reliance rally puts historical one-year return pattern in focus
-
Rare 1970 Plymouth ‘Cuda 426 Hemi Listed for $400,000
-
Kuwait edges Oman 1-0 in veterans Gulf Cup in Doha
-
The Digital Burden: Why Instant Messaging Feels Like a Full-Time Job
-
Saudi Aramco quarterly profit climbs 34.6% amid elevated oil prices
-
Alberta Tabled Controversial Riding Boundary Maps Amid Gerrymandering Accusations
-
Washington reports movement in Iran negotiations aimed at preventing escalation
-
Hong Kong court set to sentence activist Joshua Wong in security case
-
Korea’s Labor Share of GDP Hits Record Low Amid Semiconductor Boom
-
Australia raises benchmark rate to highest level in 18 years
-
littlefish and Halo Dot Partner to Replace Payment Terminals with SoftPOS
-
'The Remarried Empress' Cast Discusses Bringing Fantasy Royal Drama to Life
-
Kuwait inspectors destroy 115 kilograms of unverified meat in Farwaniya
-
Asian stocks retreat as AI worries outweigh steep oil-price drop
-
Egypt Accelerates Construction of 341km Sinai Railway Linking Arish and Taba
-
Hamad International Airport stages emergency drills during WATAN 2026
-
John Schneider Admits Owes Millions in 'Dukes of Hazzard' Divorce Battle
-
Global failure to punish attacks leaves journalists at continuing risk
-
Philippine Authorities Report Progress in Thomas Markle Sr. Child Pornography Probe
-
Researchers Warn 'Bookkeeping Trick' Masks Beef Industry's Methane Emissions
-
Web Summit Qatar 2026 generated QR1 billion economic impact, report says
-
Climate Change Intensified Atlantic Hurricanes, Study Finds
-
UAE oil spill raises questions for desalination operations
-
Qatar solar expansion opens scope for technical performance gains
-
Doha hotel and Carolina Herrera launch fragrance-inspired afternoon tea
-
IXOPAY Announces IXO One, a Modular Payments Platform Built for an Era of Fluid Commerce
Thales sales jump on European rearmament, satellite systems
French aerospace and defence group Thales said third-quarter sales and orders rose strongly as it benefited from higher European spending on weapons and satellite communication systems.
Sales gained nine percent to 5.5 billion euros ($6.2 billion) during the quarter alone, while orders for the first nine months of the year were up 15 percent at 19.1 billion euros.
Key orders received during the period were to develop the next generation radar for France's Rafale fighter jets, as well as for anti-missile systems.
Thales also won orders from Eutelsat to equip satellites to be used in Europe's Iris2 communications system.
"In the third quarter of 2026, Thales once again recorded solid growth in both order intake and revenue," CEO Patrice Caine said in the earnings release.
Thales said it is targeting revenue growth at the upper end of its 6–7 percent forecast range for 2026, with an operating margin of between 12.6 percent and 12.8 percent.
neo/abb/nth/gv/jhb
F.Moura--PC
