Tag Archives: Thales

Thales to Acquire Gentex Corp. “Visionix” Business; Allan Cameron Comments

Thales (NYSE:HO) has signed a definitive agreement to acquire the helmet mounted display and motion tracking businesses of Gentex Corp. “This acquisition is a strategic fit that complements Thales’ global portfolio of Helmet Mounted Sight and Display systems for rotary and fixed wing platforms, ” said Michel Mathieu, head of Thales’ Avionics …

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Thales Wins $213M for Navy Radios

Thales Communications has won a $213.5 million contract to provide the U.S. Navy radios, training and support equipment, the Defense Department announced Tuesday. The Navy will determine work location with each individual order under the firm-fixed-price contract and the Pentagon expects work to finish by Aug. 30, 2017. Earlier this …

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Harris, Thales Win $1.35B Navy Handheld Radio IDIQs

The U.S. Navy has awarded Harris Corp. (NYSE: HRS) and Thales Communications two contracts potentially worth $1.35 billion combined for handheld radios, the Defense Department announced Monday. Under the potential four-year indefinite-delivery/indefinite/quantity contracts, the companies will compete for task orders to provide the branch consolidated single channel handheld radios. Details …

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L-3 Completes $130M Buy of Thales Civil Aircraft Unit; Michael Strianese Comments

L-3 Communications (NYSE: LLL) has completed its estimated $130 million acquisition of Thales Training & Simulation Ltd.’s civil aircraft simulation and training business, L-3 announced Tuesday. L-3 has renamed the business L-3 Link Simulation & Training U.K. Limited and integrated it into the company’s link simulation and training division, within …

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Thales USA Names BAE Vet Jim Fraser Govt. Relations VP

Thales has appointed Jim Fraser vice president of government relations for the company’s U.S. subsidiary, the company announced Tuesday. He will manage the subsidiary’s government relations and be responsible for engagement efforts between the company’s U.S. businesses and federal, state and local entities. Prior to joining Thales, he spent more …

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L-3 to Buy Thales Civil Aircraft Simulation Unit for $132M; Michael Strianese Comments

L-3 Communications has agreed to acquire Thales Training & Simulation Ltd’s civil aircraft simulation and training business for an estimated $132 million cash. L-3 expects the transaction to close in the summer of 2012 and expects it to immediately increase its earnings per share. The company also expects civil aircraft training …

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Harris, Thales Win $390M Southern Command Radio Contracts

Harris Corp. (NYSE: HRS) and Thales Communications have won $390 million in contracts to provide new versions of handheld and backpack tactical radio systems to U.S. Southern Command, NextGov reports. Harris will provide the handheld AN/PRC-152 radio, which supports both terrestrial and satellite communications and operates in the frequency range …

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ThalesRaytheon JV to Sell Army Improved Sentinel Radars

ThalesRaytheonSystems announced it will provide the U.S. Army with 56 Improved Sentinel Battlefield Air Defense AN/MPQ-64 Radars. This radar is a three-dimensional, phased-array radar system that operates in the X-band frequency range. The radar’s primary mission is to automatically detect, track, identify and report airborne threats, including aircraft, cruise missiles …

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Thales, Raytheon JV Wins $163M Sentinel Radar Contract

The U.S. Army has awarded the C4ISR joint venture between Thales and Raytheon (NYSE: RTN) a $162, 652, 249 firm-fixed-price contract. Thales Raytheon Systems will provide 56 Sentinel AN/MPQ64-A3 radars, spares and fielding support. Work will be performed in Fullerton, Calif., and Forest, Miss., and is expected to be completed June …

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Raytheon Joint Venture Wins $34M Army Engineering Services Contract

The U.S. Army has awarded Thayles Raytheon Systems Co., an equally owned joint venture between Raytheon Company (NYSE: RTN) and Thales S.A., a $34, 296, 690 cost-plus-fixed-fee contract. The award has a fiscal year 2010 Sentinel engineering services contract base year and four option years. There is a total of 290, 200 man …

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