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Thales Raises Sales Forecast as Defense and Aerospace Orders Surge

Thales lifted its sales projections for the year after orders at its defense and aerospace units surged in the first nine months.

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By Mauro OrruThales lifted its sales projections for the year as orders at its defense and aerospace units surged in the first nine months.The French aerospace-and-defense group had expected sales this year to grow between 6% and 7% organically, a closely watched rate that shows performance at cons…