Defence firms 'need reassuring' that big orders will be long-term

ThalesDefence firm Thales won a £223m order for an anti-tank missile system from the UKAfter years of declining defence spending in many Western countries, the war in Ukraine since 2022 has led to a huge increase.While Nato member states are not directly involved in the conflict, support for Kyiv has ramped up production of weapons and other military equipment.And longer-term concerns about Russia has meant that…