Thales has reported a 23 percent rise in third quarter revenues on the same period last year.

The group also reported a 19 percent increase in overall revenues for the year so far to €8.2bn, up from €6.9bn in the first nine months of 2006.

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Thales says the increase is due to the acquisition of space and security businesses from Alcatel-Lucent, as well as organic growth within the company.

Order intake for the period has increased 13 percent to €7.6bn.

By staff writer

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Army Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Army Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact across the defence sector.

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SMARTSHOOTER’s SMASH AI-enabled fire control systems are turning standard rifles into precision counter drone and small arms platforms. Discover how SMASH is redefining dismounted force protection, accuracy, and ethical AI use on today’s battlefield and why it has won the Innovation award.

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