Sale time at Thales
According to our sources, Thales is considering selling one of [...]
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 [. [...]
Despite Nicolas Sarkozy's determination that they make their mark in Iraq, French companies have yet to catch up with their European and U.S. competitors and now a number of them, jaded by Iraq's bureaucracy and insecurity, are turning their attentions [. [...]