Thales Sees Europe Defense as Growth Driver With Orders by 2026

European Union’s planned ramp up of military capabilities will be a “growth driver” for French defense company Thales SA, with a jump in orders most likely starting next year, according to its chief executive officer.

“The most likely scenario is next year,” CEO Patrice Caine said in an interview with Bloomberg TV. “It takes one year to pass a contract so it will materialize in 2026-2027.”