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Thales S.A.
THLLYIndustrialsOTCFR
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Britain said it signed new contracts worth £36 million ($48.46 million) with defence company Thales to supply hundreds of Lightweight Multirole missiles for the country's armed forces.
French defence group Thales and Alphabet's Google Cloud have signed a deal to launch a new European cloud solution in Germany that will be operationally and legally independent from Google, the companies said on Wednesday.
Thales and Google Cloud have signed a landmark partnership to launch a new European sovereign cloud offering in Germany, delivering advanced cloud capabilities to customers while keeping their data confidential, secure and fully sovereign. This solution will live on dedicated infrastructure that will be managed and operated by a new German entity, which Thales will fully own and control.
Defence and cybersecurity company Thales and ArianeGroup said they had successfully carried out the first firing of a new long-range French rocket launcher, the FLP-t 150, this month.
German satellite maker OHB will consider legal action if EU antitrust regulators approve a planned merger of the satellite businesses of Airbus , Thales and Leonardo , its CEO said on Thursday.
PARIS--(BUSINESS WIRE)--Thales (Euronext Paris: HO): A decisive step in scaling trusted cloud in Europe The strategic partnership between SAP and S3NS, the trusted cloud provider established by Thales and Google Cloud, will strengthen trusted cloud capabilities in France and support Europe's growing demand for cloud business transformation. SAP RISE private cloud edition will be deployed by SAP Sovereign Cloud on S3NS' SecNumCloud-qualified Cloud Platform, known as PREMI3NS, by H2 2026 enabling.
Thales S.A. (THLLY) Q1 2026 Sales/Trading Call Transcript
The aerospace-and-defense company reported higher orders as wars in Ukraine and Iran prompt governments to strengthen their air defenses with new systems and radar technology.
Europe's largest defence technology group Thales on Tuesday reported first-quarter sales well above analyst forecasts, with revenues rising nearly 10% organically driven by surging defence deliveries.
Thales S.A. is rated Hold due to AI disruption fears and commercial sector exposure, despite strong defense positioning. AI advancements threaten THLLY's cybersecurity and SOC business, with Claude LLM and agentic startups accelerating industry disruption. Geopolitical risks and the Iran war pose uncertainty for THLLY's commercial aerospace segment, impacting airline capex and supply chains.
Thales remains a buy, targeting 12%–27% upside based on 2026–2027 earnings and higher EV/EBITDA multiples. THLLY delivered 7.6% sales growth and 14% organic EBIT growth in 2025, with margin expansion and 27% higher free cash flow. 2026 guidance targets 5–7% sales growth, 12.6–12.8% EBIT margins, and 95–100% free cash flow conversion, with defense and aerospace leading.
The General Directorate of Passports, together with the Presidency of the Dominican Republic, are leading the transformation of the country's passport issuance system with a new, secure, efficient document aligned with international standards.
Leonardo disclosed its mid-term plan and targets, including doubling profits by 2030, sending shares up as much as 9%. Rheinmetall said Wednesday that it expects sales to grow between 40% and 45% in 2026.
France's Thales said on Wednesday it had launched a new integrated air and missile defence system, tying together existing capabilities and incorporating artifical intelligence.
