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France’s defence sector gem with better financials than Thales

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The French defence sector remains one of the most widely respected in the world, ranking alongside the US and UK as a manufacturer of some of the best weapons and detection systems money can buy. French defence companies and indeed the French government enjoy a broad network of relationships with government level buyers around the world.

The defence sector, is, we believe, heading for something of a boom, the like of which it has not seen since the Cold War. The Russian invasion of Ukraine in February and further sabre rattling from China has seen governments around the world expanding their defence spending, sometimes to unprecedented levels. Here we look at a French defence stock that is not only hold its own against bigger players in the French aerospace and defence market, but in fact looks set to outstrip them.

 

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