Thales CEO sees opportunities and partnerships in Japan

· Security · Japan · France

The chief executive of French defense contractor Thales said Japan offers opportunities and partnerships for the company. Japan has been expanding its defense budget and loosening export rules, drawing interest from European suppliers. Thales's interest underscores how European defense firms are looking to Asia for growth as demand rises amid regional security tensions.

Why it matters:European defense firms' push into Japan reflects Japan's rearmament and the globalization of the defense industry.

Key points

  • Thales CEO cites opportunities and partnerships in Japan
  • Japan is raising defense spending
  • European suppliers are looking to Asia for growth

Sources (original reporting)

More stories from this day