French security firms head for Iraq
Riding the wave of the U.S. troop withdrawal and the arrival of CAC 40 groups, three French security firms have set up shop in Bagdad. [...]
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.
French president Nicolas Sarkozy is keen for French companies to secure a bigger slice of the lucrative war-zone private security market, dominated by British and American groups such as Control Risks Group and Xe, formerly Blackwater. According to the Association [...]