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Thales SA (TCFP.PA)

TCFP.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Thales completes sale of 50 pct stake in Korean venture
Monday, 10 Oct 2016 12:02pm EDT 

Thales Sa : Thales says has finalized disposal of its 50 percent stake in Hanwha Thales, a company it jointly owned with Hanwha to address the needs of the Korean defence electronics market. . Thales says operation will generate post tax cash proceeds of about 200 million euros ($224.02 million), and a pre-tax capital gain of around 110 million euros. . Thales says proceeds were booked as “disposal of assets”, with no impact on EBIT and adjusted net result. .In 2015, Hanwha Thales contributed 10 million euros to the EBIT of Thales..  Full Article

Thales Alenia Space signs Phase B contract with LeoSat
Wednesday, 14 Sep 2016 02:00am EDT 

Thales SA :Thales Alenia Space signs Phase B contract with LeoSat to develop high-throughput, low-orbit satellite constellation.  Full Article

SES signs its first long-term agreement with Thales
Monday, 12 Sep 2016 02:30am EDT 

SES SA :First long-term anchor agreement signed with Thales strengthens SES's position as a leading inflight connectivity satellite service provider in americas.  Full Article

Engie signs partnership with Thales to enhance the security of its IT infrastructures
Tuesday, 30 Aug 2016 05:23am EDT 

Engie Thales : Aim is to anticipate evolution of cyber threats .Monitoring center will be based in Elancourt (Yvelines, France) and on the ENGIE premises in Saint-Ouen (Seine-Saint-Denis, France)..  Full Article

Engie and Thales win 225 million euro contract in Senegal
Wednesday, 27 Jul 2016 02:53am EDT 

Engie SA : Engie (mandatory) and Thales have been selected by APIX (the Senegalese Agency for Investment Promotion and Public Works, under the office of President of Senegal) to design and build systems and infrastructures for the new Dakar Regional Express Train .The contract is valued at €225 million ($247.30 million).  Full Article

Thales says H2 will be weaker than H1
Friday, 22 Jul 2016 03:59am EDT 

Thales Sa : Thales CEO says not affected by Airbus A400M delays, delivered its parts on time and on cost . CEO says should not expect company to repeat strong performance of H1 in H2 . Thales CFO says drop in sterling to have higher impact in H2 .Thales CFO says 10 percent drop in sterling has an impact of 15 million euro on Thales EBIT on an annual basis.  Full Article

Thales Alenia Space signs contract with Orbital ATK
Monday, 11 Jul 2016 08:30am EDT 

Thales : Signs contract with Orbital ATK to produce additional key hardware for upcoming cargo resupply missions to international space station .Contract signed by Thales Alenia Space, a JV between Thales (67%) and Leonardo-Finmeccanica (33%).  Full Article

Easyjet has selected the Thales/ACSS T3CAS
Monday, 11 Jul 2016 05:19am EDT 

Thales : Easyjet has selected the Thales/ACSS T3CAS - terrain collision avoidance system - surveillance solution on their A320 NEO and CEO aircraft Further company coverage: [TCFP.PA] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;)).  Full Article

Thales Alenia Space acquires RUAG's opto-electronics business line
Monday, 11 Jul 2016 01:05am EDT 

Thales SA : Thales Alenia Space acquires RUAG's opto-electronics business line .Transaction is subject to the usual closing conditions, and should be finalized by the end of the year.  Full Article

Raytheon, Thales modify ThalesRaytheonSystems joint venture structure
Friday, 1 Jul 2016 12:28pm EDT 

Raytheon Co : Raytheon and Thales modify ThalesRaytheonSystems joint venture structure . Raytheon made a cash payment to Thales in amount of $90 million . Company structure transitions are effective immediately . Will be recording a tax free gain of approximately $150 million in its Q2 financial results . Says ThalesRaytheonSystems joint venture has been restructured to focus solely on NATO agencies and NATO member nations . Former TRS LLC - US operations is now a wholly-owned subsidiary of Raytheon, Raytheon Command and Control Solutions . Former TRS SAS - French operations is now a wholly-owned subsidiary of Thales .Ground-Based radars,non-ACCS-related air command,control systems currently within jv portfolio will transition to parent companies.  Full Article

Thales in talks with Latour Capital on sale of road toll revenue arm

PARIS French defense electronics group Thales has started exclusive talks with private equity firm Latour Capital over the sale of one of its businesses that handles ticketing and revenue collection for transport operators.