Tag Archives: Thales

Microsoft Seeks to Develop New Defense Cloud Platform With Thales

TYSONS CORNER, VA, June 14, 2018 —  Microsoft (Nasdaq: MSFT) and Thales have established an alliance that aims to advance a new cloud platform intended to enable defense customers to store and secure classified and sensitive information within their information technology infrastructure while on the field, ExecutiveBiz reported Wednesday. The …

Read More »

PwC: Aerospace & Defense Industry Reported $728B in 2017 Revenue

A new PwC report says the aerospace and defense sector recorded $728 billion in 2017 revenue, reflecting a 4 percent increase from the previous year. PwC reported that A&D companies posted a combined operating profit of $77 billion in 2017 with an on operating margin of 10.6 percent, up from 9.3 percent in …

Read More »

Thales to Help NASA Develop UAS Traffic Mgmt Concepts

TYSONS CORNER, VA, March 29, 2018 — Thales will collaborate with NASA to develop concepts on a traffic management platform for unmanned aircraft systems in an effort to accelerate their integration into the national airspace, ExecutiveBiz reported Wednesday. The company said Tuesday the Space Act Agreement with NASA, which could generate jobs in …

Read More »

Thales Initiates All-Cash Offer to Acquire Gemalto

Thales has launched an all-cash offer to acquire all shares of Gemalto for approximately $63.2 per share plus dividend under a merger agreement announced in December 2017. “The publication of the offer document is the first major step of the proposed acquisition of Gemalto,” Patrice Caine, Thales chairman and CEO, …

Read More »

Cubic, Thales Partner to Pursue UK Deal on Joint Fires Training; Dave Buss Comments

TYSONS CORNER, VA, March 13, 2018 — A Cubic (NYSE: CUB) business unit has teamed with Thales in a joint bid for the U.K. government’s Joint Fires Synthetic Training effort for the delivery of joint fires systems for training operations, ExecutiveBiz reported. Cubic Global Defense said the partnership under the Training and Simulation Systems Program aims to …

Read More »

Thales Study Reports on Federal Cyber Concerns; Nick Jovanovic Comments

TYSONS CORNER, VA, March 2, 2018 — Thales has found that 57 percent of U.S. federal government respondents say their agencies experienced a data breach over the past year, with vulnerabilities from shared infrastructures topping the list of cybersecurity concerns, ExecutiveBiz reported. The “2018 Thales Data Threat Report, Federal Edition” ranked …

Read More »

PwC: Global Aerospace, Defense M&A Hit $72B in 2017

A new PwC report says the value of global mergers and acquisitions in the aerospace and defense sector reached $72 billion in 2017, exceeding the previous record of $67 billion set in 2015. PwC reported that A&D companies worldwide recorded 454 M&A transactions last year with an average deal size of $411 million. Significant …

Read More »

Report: UAE to Buy $684M in Raytheon-Built Laser Guided Bombs

The United Arab Emirates will purchase laser guided bombs from Raytheon (NYSE: RTN) under a $684.4 million deal, Reuters reported Tuesday. The agreement announced at the Dubai Airshow Tuesday includes Raytheon-built GBU-10 and GBU-12 Paveway bomb kits. The deal came days after UAE awarded Lockheed Martin (NYSE: LMT) a potential …

Read More »

Thales Expands Data Encryption for Red Hat’s OpenShift Container Platform

TYSONS CORNER, VA, Oct. 30, 2017 — Thales has enabled an extended encryption capability for Red Hat‘s (NYSE: RHT) OpenShift Container Platform in efforts to implement access control and logging for sensitive data, ExecutiveBiz reported Friday. The Vormetric Transparent Encryption tool will work to secure Red Hat OpenShift Container Platform deployments …

Read More »

Alion Science Names Christopher Zember as Strategy Chief, Todd Borkey as CTO

Alion Science and Technology has expanded its leadership team with the creation of the chief strategy officer position and appointment of a new chief technology officer in support of defense clients’ efforts to maintain military readiness and technological edge. Christopher Zember, formerly CTO at Alion Science, will serve as CSO …

Read More »