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Caine says culture is 'inclusive' and encourages more residents to get involved

Thales is buying Imperva as part of a years-long buying spree as its builds out its cybersecurity acquisition business.

After the United States, France is the second arms supplier to the Saudi-Emirati coalition involved in the Yemeni civil war since 2015. Who equips and repairs the fighter planes used by the Coalition? Where are their pilots trained? Where are the bombs that fall on Yemeni markets and homes manufactured? This is an investigation into the big French firms that profit from this war, with the backing of the French government. In seven years, the Yemeni conflict has killed 110,000 people. Among (...)

Article content “With this major strategic move, we will be able to focus on the development of our 3 high-tech long-term growth businesses, each of them able to sustainably deliver double-digit margins,” said Thales Chairman and CEO Patrick Caine in a statement. Those three businesses are aerospace, defense & security, and digital identity & security. The price tag of 1.66 billion euros corresponds to the enterprise value, including debt, of Thales’ unit, dubbed Ground Transportation Systems (GTS). It reflects a multiple of 13.8 times of the unit’s twelve-month earnings before intere...

Thales to sell signalling business to Hitachi in $2 billion deal By Gwénaëlle Barzic Reuters PARIS (Reuters) -Thales, Europe's largest defence electronics company, said it was in advanced talks to sell its GTS railway signalling business to Japan's Hitachi in a deal that values the division at 1.66 billion euros ($2 billion). The sale - which confirmed a Reuters exclusive - comes as the French company looks to streamline its sprawling operations and reassure investors of its core focus on making high-tech equipment for the defence and aerospace industries. Thales shares were up 2.5% in ea...