ENXTPA:HOAerospace & Defense
Thales (ENXTPA:HO) Valuation Check After New Frigate Contract And Shifts In Defence Sentiment
Event driven moves around Thales
Thales (ENXTPA:HO) has been in focus after the French ministry of defence confirmed a contract for renovating French and Italian frigates, involving EUROSAM, the joint venture that links Thales with MBDA.
At the same time, investors have been reacting to a separate Airbus A320 industrial quality issue and to changing sentiment toward defence stocks following progress reported on a potential Russia Ukraine peace deal.
See our latest analysis for Thales.
These...