Thales ramps up production to meet global boom in defense spending, says exec Pascale Sourisse
Defense spending is “growing everywhere” says Thales International CEO Pascale Sourisse, amid a global boom in the arms industry spurred by geopolitical tensions. Arms spending in 2024 reached an unprecedented $2.7 trillion in 2024, according to the Stockholm International Peace Research Institute, a conflict think tank. The same think tank estimated that the world’s top…