Thales

HO: XPAR (FRA)

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Thales Earnings: Defense Production Ramp-Up Supports Maintained Growth Despite Slower Cyber Recovery

Loredana Muharremi

Oct 22, 2026

Thales reported nine-month organic sales growth of 8.1% and order growth of 15%, supported by strong defense demand. Management expects full-year sales growth at the upper end of its 6%-7% guidance, potentially higher, while maintaining its margin outlook.

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Thales

Thales Earnings: Defense Production Ramp-Up Supports Maintained Growth Despite Slower Cyber Recovery

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