Sunday, February 26, 2023

Business Is Booming For French Defense Giant Thales

Patrice Caine, Chairman and CEO of Thales Group, Ukrainian Defence Minister Oleksii Reznikov, French Defence Minister Sebastien Lecornu, Mayor of Limours Chantal Thiriet, and officials pose before a visit at the Thales radar factory in Limours, France, on February 1, 2023. (Reuters)  

Reuters: French Defence Group Thales to Recruit 12,000 Staff as Orders Boom 

PARIS (Reuters) - French defence and technology group Thales plans to hire 12,000 new staff this year as there is strong demand across its product range, CEO Patrice Caine said in an interview with French weekly Le Journal du Dimanche. 

He said that over the past eight years Thales, which has total staff of 80,000 of which 40,000 in France, had recruited 5,000 to 8,000 people per year and that last year already it had hired 11,500 new staff. 

Caine said that all the firm's activities - defence and security, aeronautics and space, identity and digital security, were growing strongly. 

"The company is a reflection of its markets, which are all seeing dynamic growth, with needs growing in all our fields of activity," he said. 

 Caine, who recently met with Ukraine's defence minister, said that France would deliver its Ground Master 200 radar air defence system to Ukraine in May.

Read more ....  

Update: France's Thales Plans to Hire 12000 As Defense Orders Surge (Bloomberg).  

WN Editor: Here is an easy prediction. For everyone in the defense industry, business is going to be booming for years.

3 comments:

Anonymous said...

Obviously..... that's the whole reason behind the constant fueling the war by both US and the EU do people really think that the warmongers give a damn who is right or wrong?It's all about the money as per usual

B.Poster said...

I'm not sure about "years." I'm thinking short term gain and long range pain to the point that those who did this will regret their decisions. Think about how Nazi Germany was punished and Russia has means by which to punish it's adversaries that the allies at the end of WW2 didn't have

I warned our leadership class in 2014 via numerous letters and phone calla to steer clear of this folly. As ideologues tend to do, they didn't pay heed to me or other patriots who were very patient and kind to them.

Anonymous said...

I hope you have a ratline B Poster and friends in South America.