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Thales Group: revenue 2013-2017, by operating segment

In 2017, the annual sales of the Thales Group amounted to almost 15.8 billion euros, nearly 8 billion euros from which were generated by its defense and security segment. Founded on December 2000 the Thales Group is a French multinational company that provides services, electrical and weapon systems for several different armed forces in the world.

In Europe, the Thales Group has to compete with the Lockheed Martin Corporation

At a global level, the American defense and aerospace company Lockheed Martin took the lead with a revenue of almost 48 billion U.S dollars in 2017 and a net sales volume of roughly 35 billion U.S dollars in the same year. Much to the detriment of the Thales Group and of other European defense contractors, the Lockheed Martin Corporation also competes in the European defense industry market, a market that in 2016 alone generated a turnover of approximately 96.5 billion euros.

The Lockheed Martin Corporation seems to dominate the Market for defense systems

As announced by the Polish Ministry of Defense, Poland has sent in May 2019 a letter of request concerning the acquisition of one of the most expensive products developed by Lockheed Martin, that is, the fighter jet F-35. Other European countries, such as the United Kingdom, the Netherlands and Italy already possess their own fleet of F-35 jet fighters. This fact could signalize a potential loss of market share for one of Thales’ major shareholders: French aircraft manufacturer Dassault Aviation. Dassault Aviation had its order intake for military aircrafts destined to countries other than France reduced from a total of almost 8 billion euros in 2015 to 223 million euros in 2017.

Annual sales of Thales Group from 2013 to 2017, by operating segment

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Source

Release date

March 2018

Region

France

Survey time period

2013 to 2017

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Statistics on "Defense spending and arms trade"

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