Key Developments: Thales SA (TCFP.PA)

TCFP.PA on Paris Stock Exchange

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24 Jul 2014
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Latest Key Developments (Source: Significant Developments)

Thales Alenia Space to build Telkom-3S satellite for Indonesia
Monday, 21 Jul 2014 08:00pm EDT 

Thales SA:Thales Alenia Space (joint venture between Thales and Finmeccanica) signs contract with PT Telekomunikasi Indonesia TbK (Telkom), to build a new telecommunications satellite.Thales Alenia Space is program prime contractor, with responsibility for design, construction, testing and in-orbit delivery of satellite.  Full Article

Thales and Finmeccanica joint venture Thales Alenia Space announces launch of third Cygnus spacecraft with Thales Alenia Space cargo module
Monday, 14 Jul 2014 08:00pm EDT 

Thales SA:Says third of nine Cygnus resupply vehicles for the International Space Station has been launched carrying Pressurized Cargo Module (PCM) developed by Thales and Finmeccanica joint venture Thales Alenia Space for Orbital Sciences Corporation.PCM used to transport crew supplies, spare parts and scientific experiments to the International Space Station.Mission will be supported in real time by a joint Thales Alenia Space and Altec team housed in Altec’s Mission Support Complex in Turin.Thales Alenia Space, in partnership with Orbital Sciences Corporation, will deliver nine Pressurized Cargo Modules for Cygnus spacecraft under the Commercial Resupply Service (CRS) contract signed by Orbital with NASA.  Full Article

Thales and Finmeccanica – Selex ES team up on UK-French Unmanned Combat Air Systems sensor
Monday, 14 Jul 2014 08:00pm EDT 

Thales SA:Thales and Finmeccanica – Selex ES to cooperate for development of multifunction sensor suite and communication sub-system of the future Anglo-French Unmanned Combat Air System (UCAS).Cooperation comes in context of CAS Arrangement between United Kingdom and France.Two-year feasibility study, expected to be formally contracted before the end of 2014, will see Thales and Finmeccanica – Selex ES work collaboratively in 50/50 split to lay groundwork for all sensing systems required for future UCAS.  Full Article

Thales SA's scorpion helmet mounted sight and display system selected by Airbus Helicopters for new weapons systems
Sunday, 13 Jul 2014 08:00pm EDT 

Thales SA:Says it has been awarded contract to supply the Scorpion HMSD for Airbus Helicopters future Weapons Systems.Scorpion provides full color symbology and video for day and night missions, in addition to targeting, sensor video, and potentially Degraded Visual Environment (DVE) imagery.  Full Article

Thales inaugurates new offices in Saudi Arabia
Monday, 7 Jul 2014 08:00pm EDT 

Thales SA:Inaugurates new offices in Jeddah, Kingdom of Saudi Arabia.Newly opened facilities specifically designed to accommodate men and women from local subsidiary in charge of company civil activities.  Full Article

L&T Technology Services acquires 74 pct of Thales Software India Pvt Ltd
Wednesday, 25 Jun 2014 08:00pm EDT 

Thales SA:L&T Technology Services, a wholly-owned subsidiary of Larsen & Toubro Limited (L&T), has purchased 74 pct of Thales Software India Pvt Ltd.  Full Article

Thales and Siemens win rail contract in Spain
Wednesday, 25 Jun 2014 08:00pm EDT 

Thales SA:Temporary Joint Venture (55/45) between Thales and Siemens Rail Automation has been awarded a 208.7 million euro contract by Adif Alta Velocidad for installation signalling, telecommunications and security technologies, on line linking Antequera and Granada in Spain.Thales will be responsible for overall project management and will install its electronic interlocking solution with associated equipment.Thales will also modify existing Thales technology on the Cordoba-Malaga high-speed line.Siemens Rail Automation will install its ERTMS level 2 with ASFA train protection system, and its solution for track circuits and LED signals.Siemens will also make modifications to ERTMS technology installed on Cordoba-Malaga line.  Full Article

Thales to provide secure Internet access for French government network
Wednesday, 18 Jun 2014 08:00pm EDT 

Thales SA:Says it has been selected by French Prime Minister's Office to deliver and deploy service platforms offering secure Internet connections for the 900,000 future users of French government's interministerial network.Thales will build IT solution and provide managed services as well as 24/7 network supervision.  Full Article

Thales supplies secure communications services for EU force in Central African Republic
Monday, 16 Jun 2014 08:00pm EDT 

Thales SA:Says it has been chosen to supply and operate the European Union Force (EUFOR) with secure communication and information system in Central African Republic.Contract covers three deployment phases.First phase, involving provision of secure communication services between chiefs of staff and in-theatre units, was completed in April.Second phase is now underway.Thales will equip EUFOR’s two points of presence in Bangui as well as European command headquarters in Larissa, Greece.Central African theatre network is connected to Larissa via satcom link also supplied and operated by Thales.  Full Article

Thales awarded contract by UK Ministry of Defence
Sunday, 15 Jun 2014 08:00pm EDT 

Thales SA:Says that it has been awarded contract worth 56 million euros (48 million pounds) from UK Ministry of Defence (MOD) for demonstration and manufacture of Future Anti Surface Guided Weapon (Light) system.System will use Thales’ versatile precision strike Lightweight Multirole Missile.  Full Article

UPDATE 1-Thales H1 core profit up on weaker sales; reaffirms targets

PARIS, July 24 - France's Thales SA reported a 15 percent increase in first-half operating income to 422 million euros ($568 million) on Thursday and reaffirmed its objectives for 2014 and beyond.

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