Defense Demand Surges Amid Iran War

The ongoing conflict in Iran is driving a significant increase in global military demand, according to Patrice Caine, CEO of Thales Group. This surge is characterized by rising orders in the Middle East, missile shortages, and a pressing need for affordable, scalable weaponry, prompting Europe to accelerate its defense investments after years of neglect. This shift underscores the evolving landscape of modern warfare and the urgent need for nations to enhance their military capabilities.