French aerospace company Thales Group has reported just over €3bn ($3.4bn) in revenue for October, citing robust European “institutional”, or government, demand for space systems. CFO Pascal Bouchiat also noted the the nine months to 30 September success of joint venture Thales Alenia Space in securing a €324m contract from the European Space Agency. However, the telecom satellite market is "soft", Bouchiat said, adding that he is optimistic about the remaining months of 2018.
French aerospace company Thales Group has reported just over €3bn ($3.4bn) in revenue for the nine months to 30 September, citing robust European “institutional”, or government, demand for space systems. CFO Pascal Bouchiat also noted the October success of joint venture Thales Alenia Space in securing a €324m contract from the European Space Agency. However, the telecom satellite market is "soft", Bouchiat said, adding that he is optimistic about the remaining months of 2018.