A drop-off in space business challenged French aerospace and defense prime Thales during the first half of 2019, the company acknowledged Sept. 4 while releasing financial results for the six months that squeaked in incremental improvements. Order intake in the company’s aerospace segment stood at €1,758 billion ($1.939 billion), down 14% from more than €2 billion in the first half of 2018. “This decline was due to the slower-than-expected recovery of the space market ...

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