Shares of Dassault Aviation surged by as much as 10% after the company reported a remarkable 46% year-on-year increase in adjusted net sales, reaching 4.2 billion euros ($4.8 billion) for the first half of 2026. Similarly, Thales and Indra Group saw their stocks rise by approximately 5% each after announcing their half-year earnings.
Thales, recognized as Europe's largest defense electronics group, reported nearly 8% growth in sales and a notable 22% increase in order intake. CEO Patrice Caine emphasized the relevance of Thales' products amid a challenging geopolitical landscape, suggesting that the company's focus on security and innovation is resonating well in the market.
This trend reflects a broader defense boom in Europe, driven by heightened demand for military capabilities and technology