Thales Group: Space business grew 7.6% in 2025 on way to 7%+ margin in 2027; merger with Airbus, Leonardo on track

by Peter B. de Selding

LA PLATA, Maryland — Space hardware and service provider Thales Alenia Space reported a 7.6% increase in revenue in 2025 and a slight pretax profit despite some 20 million euros ($23.5 million) in restructuring charges, parent company Thales Group said.

The company said the space division also increased its backlog, to 10.8 billion euros as of Dec. 31, 2025, compared to 10.5 billion euros a year ago.

In a March 3 investor call Thales Group Chief Financial Officer Pascal Bouziat said the . . .

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