LA PLATA, Maryland — Thales Group said its Thales Alenia Space space division remains on track to report a marginal pretax profit in 2025, not counting restructuring charges, after two years of losses that forced a cost cutting plan designed to transfer 15% of the space work force to other Thales businesses.
In a July 23 investor call on Thales’s financial results for the six months ending June 30, Chief Executive Patrice Caine said the space business is stabilizing since the March 2024 transition program that called for a . . .
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