Because business is thriving: armaments company Thales is speeding up recruitment

Since Russia attacked Ukraine a year ago, several states have announced increases in their defense budgets.

Because business is thriving: armaments company Thales is speeding up recruitment

Since Russia attacked Ukraine a year ago, several states have announced increases in their defense budgets. Business is also booming at the French arms company Thales. At the same time, the need for qualified employees is growing.

The French technology and armaments group Thales wants to hire even more staff this year than last year in view of the flourishing business. The plan is to hire 12,000 new employees, company boss Patrice Caine told the magazine "Le Journal du Dimanche". For the past eight years, Thales has added 5,000 to 8,000 workers annually, Caine said.

In the past year, the number of new hires has already risen to 11,500. Thales employs a total of around 80,000 people, half of them in France. According to Caine, the company is growing in all sectors - from defense to aerospace to digital security. "The company is a reflection of its markets, all of which are experiencing dynamic growth," said the manager.

Since Russia's attack on Ukraine a year ago, several states have announced increases in their defense budgets and are increasingly supplying arms to Ukraine. The share prices of armaments companies such as Thales in France or Rheinmetall in Germany have risen significantly since then. Rheinmetall is one of the few companies that has already received a small order from the 100 billion euro special fund for the German armed forces. This was about protective equipment for soldiers.

With a view to future orders from the federal government, it says: "We are expecting large orders in the areas of ammunition, combat vehicles and further digitization." Also at the handgun manufacturer Heckler