Key Developments: Thales SA (TCFP.PA)
37.11EUR
22 May 2013
€-0.02 (-0.05%)
€37.13
€37.17
€37.18
€36.96
18,415
338,926
€37.18
€23.07
Latest Key Developments (Source: Significant Developments)
Thales SA's Thales Alenia Space Announces Launch of Satellite for Eutelsat Communications
Thales SA's Thales Alenia Space announced that the Eutelsat 3D telecommunications satellite was successfully launched by ILS from the Baikonur Cosmodrome in Kazakhstan, using a Proton launch vehicle. Thales Alenia Space is the program prime contractor on behalf of Eutelsat Communications. The Eutelsat 3D design allows it to operate from several orbital positions. Initially positioned at 3° East, the satellite will operate from this slot until the arrival of Eutelsat 3B in 2014, and will then be moved to 7° East. This new satellite will enable Eutelsat Communications to provide services in Ku and Ka band to operators of professional video networks, data networks and broadband Internet for businesses. Based on the Spacebus 4000 platform Eutelsat 3D weighed 5,400 kg at launch. It offers a design life exceeding 15 years, and is the 22nd Spacebus satellite built by Thales Alenia Space for Eutelsat. Full Article
Thales SA Announces Amendments to Contract with Turkish Navy
Thales SA announced that its subsidiary Alenia Aermacchi has signed an agreement with Savunma Sanayii Mustesarlıgı (SSM), the TurkishUndersecretariat for Defence Industries to deliver two ATR 72-600 TMUA (Turkish Maritime Utility Aircraft) and six ATR 72-600 TMPA (Turkish Maritime Patrol Aircraft) to the Turkish Navy. The agreement is an amendment to a previous deal between Alenia and the Turkish government for the delivery of 10 ATR 72-500 ASW to the Turkish Navy. The most important change into the contract amendment is the adoption of the new -600 version of the ATR 72. The original contract was based on the now out of production ATR 72-500. Full Article
Thales SA to Provide Passenger Information Solution for Delhi Metro Extensions
Thales SA announced that it has signed a contract with Delhi Metro Rail Corporation Ltd (DMRC) to design, integrate and install an advanced passenger information system for the extensions to Delhi Metro Line 6. This contract is part of the Delhi Metro Phase 3 expansion programme. This new project will cover a total of 16 stations (nine elevated and seven underground), distributed over three sections of line with a total length of 23 kilometers. It is scheduled to be commissioned in February 2015. The financial terms of the deal were not disclosed. Full Article
Thales SA Confirms FY 2013 Revenue and EBIT Guidance
Thales SA announced that it confirms its guidance for fiscal year 2013. The Company expects revenue to remain stable and EBIT to increase by 5%-8% in fiscal year 2013. In fiscal year 2012 the Company reported revenue of EUR 14.158 billion and EBIT of EUR 927.2 million. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 13.912 billion and EBIT of EUR 969.37 million. Full Article
Thales SA to Supply Passenger Information Solution for the Jaipur Metro
Thales SA announced that it has signed a contract with the Delhi Metro Rail Corporation Ltd (DMRC), responsible for implementation of the new Jaipur Metro, to supply a passenger information system. The Jaipur Metro is a rapid transit system under construction in the city of Jaipur, India. The first line (east-west) will cover 12 km from Mansarovar to Badi Chaupar and will have eight elevated and three underground stations. It will be commissioned in 2013. The financial terms of the deal were not disclosed. Full Article
Thales SA to Invest EUR 200 Million in New Industrial Site-Reuters
Reuters reported that Thales SA is to invest EUR 200 million in a new industrial site in Mierignac, near Bordeaux. The Company plans to open the site in 2016. The 2000 staff who currently work at Pessac and Haillan will be moved to the new facility. Full Article
Thales SA Wins Telecommunications Contract for Manaus Monorail
Thales SA announced that it has been selected to provide telecommunications systems for the Manaus monorail. The monorail will also be equipped with the Thales Seltrac CBTC Communications-Based Train Control system. Thales will provide a turnkey telecommunications system including telecommunications, passenger information and comfort, security and supervision. The financial terms of the deal were not disclosed. Full Article
Thales SA and Trakce to Modernise Warsaw Okecie-Radom Railway Line
Thales SA announced that the consortium led by Thales SA with Trakce has signed a modernisation contract for the railway line from Radom to Warsaw Okecie valued at over EUR 76 million (PLN 316 million) with PKP PLK, the Polish rail infrastructure operator. Full Article
Thales SA Announces Partnership with Gogo
Thales SA announced a partnership with Gogo to combine Gogo’s connectivity solutions with the Thales TopConnect cabin system. The solution will be based on the Thales TopSeries AVANT platform and will utilize Gogo’s connectivity solutions. Gogo currently offers solutions based on Inmarsat’s Global Xpress Ka-band satellite service, Ku-satellite and Air-to-Ground (ATG) technologies. Full Article
Thales SA and Songdish Agree to Develop and Market a Music Streaming Social Network for the Aerospace Market
Thales SA announced that it is to develop, integrate a streaming audio application and service for the transportation industry with Songdish. The Songdish application will feature content cached on-board Thales TopSeries system servers as well as streamed content for connected aircraft. Along with access to the Songdish library, the application provides information related to performers, concerts and destination event information. Full Article
Thales Q1 revenue up 3 pct, reaffirms forecasts
PARIS, April 25 - Europe's largest defence electronics company, Thales, maintained its forecasts for 2013 after seeing a 3 percent rise in first-quarter sales blurred by a sharp drop in orders compared with a strong start to 2012.
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