financetom
Business
financetom
/
Business
/
Thales eyes more SAMP/T deals after Denmark picks European anti-missile system
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Thales eyes more SAMP/T deals after Denmark picks European anti-missile system
Sep 15, 2025 4:32 PM

*

Denmark picked SAMP/T over US Patriot air defence system

*

Co-manufacturer Thales sees more potential export deals

(Adds details and context from paragraph 3)

By Tim Hepher and Stine Jacobsen

PARIS/COPENHAGEN, Sept 15 (Reuters) - France's Thales

and its partners are talking to several European and

other nations about potential new SAMP/T deals after Denmark

picked the Franco-Italian air defence system over the U.S.

Patriot, a senior Thales executive said.

"Air defence is clearly becoming a priority across Europe,

not only the eastern part," Herve Dammann, Executive

Vice-President for Land and Air Systems, told reporters on

Monday.

Prospects include not only countries that have publicly

voiced interest, like Greece and Belgium, but other unidentified

markets, he told a briefing on Denmark's SAMP/T purchase.

Air defences are in focus after Poland shot down suspected

Russian drones in its airspace with the backing of aircraft from

NATO allies, the first time a member of the Western alliance is

known to have fired shots during Russia's war in Ukraine.

Denmark said on Friday it would acquire air defence systems,

including two SAMP/T systems, for 58 billion Danish crowns ($9.1

billion), becoming the first European buyer outside France and

Italy and rejecting bids for the widely used U.S. Patriot.

The competition was seen as a test of European efforts to

boost purchases of regionally produced weapons, and put ties

between two NATO allies further under the spotlight following a

recent spat between Copenhagen and Washington over Greenland.

Danish officials have denied any link between the country's

largest ever arms purchase and recent tensions with Washington

over U.S. President Donald Trump's campaign to acquire

Greenland, which has been under Danish control since 1721.

"This is not a rejection of Patriot, it is a selection of

what is best," Danish Defence Minister Troels Lund Poulsen told

a news conference on Friday.

DANISH POLITICIANS BACK DECISION TO BUY IN EUROPE

Thales declined to comment on the political backdrop to the

competition, saying this was a matter for the Danish government

and that SAMP/T had won in part due to its 360-degree coverage.

SAMP/T was developed by Thales and forerunners to the French

and Italian subsidiaries of MBDA, the world's

second-largest missile maker behind RTX, which developed

the Patriot system used by over half a dozen European nations.

The choice between American and European systems has become

politically sensitive following a flurry of comments from Trump

threatening to annex Greenland over security concerns.

While Danish officials emphasised the decision was based on

technical and practical considerations, Danish politicians on

left and right painted the procurement as a win for Europe.

"It pays to be a good ally ... It has been a strong

political desire to buy from reliable and non-threatening

partners," said conservative lawmaker Rasmus Jarlov on X.

"I will not hide the fact that I am incredibly happy that

the 58 billion crowns will not go to the Israeli or U.S. arms

industry, but will go to the European arms industry," said

Martin Lidegaard, leader of the opposition Social Liberal party.

Denmark is also looking at medium-range defences including

the Norwegian NASAMS, German IRIS-T and French VL-MICA.

In a paper on defence readiness earlier this year, the

European Commission identified air and missile defences as one

of seven priority areas for filling gaps in military capacity.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Ecopetrol's Reficar refinery awarded nearly 20% of McDermott common capital, company says
Mar 21, 2024
BOGOTA, March 21 (Reuters) - The Reficar oil refinery belonging to Colombia's Ecopetrol was awarded 19.9% of the common capital in infrastructure firm McDermott in preferential shares by a judge in Amsterdam, Ecopetrol said in a statement on Thursday. The refinery is located in the Colombian city of Cartagena. ...
Oil eases on possible Gaza ceasefire, dollar strength
Oil eases on possible Gaza ceasefire, dollar strength
Mar 21, 2024
SINGAPORE (Reuters) -Oil prices slipped on Friday on the possibility of a nearing Gaza ceasefire that could ease geopolitical concerns in the Middle East, while a stronger dollar and faltering U.S. gasoline demand also weighed on prices. Brent crude futures fell 42 cents, or 0.5%, to $85.36 a barrel by 0203 GMT. U.S. crude futures shed 40 cents, or 0.5%,...
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Hong Kong-listed Samsonite plans dual listing in hunt for investors
Mar 21, 2024
(Reuters) -Luggage maker Samsonite International ( SMSOF ) on Friday said it plans to pursue a dual listing in addition to its listing on the Hong Kong Stock Exchange to increase the liquidity of its shares and reach investors in more markets. Samsonite ( SMSOF ) did not provide details of the exchanges it is considering for the second listing,...
Meta's Instagram down for thousands, Downdetector shows
Meta's Instagram down for thousands, Downdetector shows
Mar 21, 2024
March 21 (Reuters) - Meta Platforms's ( META ) Instagram was down for thousands of users on Thursday, according to outage tracking website Downdetector.com. ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved