Thales and Soulie settle, say sources
Thales has reached an out-of-court financial settlement with consultant Jean-Paul [...]
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.
Frustrated that U.S. restrictions on technology exports are costing them contracts, U.S. military satellite manufacturers have successfully lobbied the Obama administration to relax the export rules concerning their sector. The reforms which are currently ongoing will allow the likes of [...]