Mark3's Thales counts on PIF to close deal
The French Defence company is taking what may be a last shot at selling its air defence missile system to Saudi Arabia. [...]
Thales is a defense electronics company in aerospace and defense industries. It came into being with the merger of Alcatel, Dassault Electronic and Thomson CSF and inherited the latter company’s naval activity, which it has developed in recent years. Thales now operates in 50 countries and has become a leading player in the defense industry.
Turkmenistan is turning into the epicenter of a hard-fought battle between European and Asian defence groups. The Central Asian country under the authoritarian rule of President Gurbanguly Berdimuhamedov is secretly looking to acquire an optical observation satellite system. [...]