French aerospace and defense provider Thales on Oct. 3 raised sales and operating performance forecast for the coming years, with the benefits of recently acquired software security company Gemalto “offsetting a more uncertain outlook in the commercial space market and no growth in transport.” Organic sales should grow 3-5% over 2019-23, Thales told investors and analysts at a briefing, although growth will be weighted toward the latter half of the forecast. Pretax operating ...

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