50 SKY SHADES - World aviation news

Thales completes the acquisition of Cobham Aerospace Communications

Download: Printable PDF Date: 02 Apr 2024 17:31 (UTC) category:
Publisher:
Thales completes the acquisition of Cobham Aerospace Communications - Manufacturer publisher
Dana Ermolenko
Aircraft: Airplanes

Thales has completed the acquisition of Cobham Aerospace Communications, a leading supplier of advanced, ultra-reliable innovative safety cockpit communication and connectivity systems. This is a major milestone for Thales, complementing and strengthening its avionics portfolio and creating a worldwide player in this market. With ~734 employees, of which ~190 engineers, AeroComms operates across a well-invested footprint in France, South Africa, USA/Canada, and Denmark. This transaction will create significant value for Thales shareholders in line with the targets communicated in July 2023, when announcing the acquisition.

Yannick Assouad, Thales Executive Vice-President Avionics commented: "The acquisition of Cobham Aerospace Communications marks a new step in the very attractive and fast-growing communications and connectivity market. We are very excited to welcome these highly skilled experts to Thales. Combined with our established expertise in avionics, Cobham Aerospace Communications’ talents and technologies represent a tremendous accelerator for a more sustainable aerospace future.”

Nicolas Bonleux, Cobham Aerospace Communications Chief Executive Officer said: “Joining Thales is a great opportunity for Cobham Aerospace Communications to continue innovating in cutting-edge avionics products and growing the business. We are ready to embrace the upcoming revolution in aircraft connectivity and communication, and eager to invent a sustainable aerospace future together.” 

Thanks to this acquisition, Thales is strengthening further its offering and positioning within the connected avionic systems, building upon the recent market successes and positioning strongly as one of the key leaders.





Recommended

Air India, SkyDrive and Suzuki sign MoU for feasibility study of medical air logistics in India

Air India, SkyDrive and Suzuki Motor Corporation signed a memorandum of understanding to conduct a joint feasibility study on the use of eVTOL aircraft for medical air logistics in India. In...

Daher Aircraft delivers the 400th Kodiak, underscoring this airplane family's expanding global reach and mission versatility

Daher Aircraft has delivered the 400th Kodiak, marking a significant achievement for the multi-role airplane family as its customer base continues to expand across government, commercial, business and...

The Arriel 2K, the engine powering the Leonardo AW09 helicopter, has received its EASA certification

The Arriel 2K engine that powers Leonardo’s AW09 helicopter, has received its type certificate from EASA. This marks an important milestone towards the entry into service of the AW09, Leonardo&r...

Singapore selects Thales for next-generation AI-powered air traffic management system serving one of Asia’s busiest airspaces

The Civil Aviation Authority of Singapore has awarded Thales a landmark contract to develop a new NexGen Air Traffic Management System (ATMS) and air traffic control radars, marking a major step towar...

Android Apps development in Riga, Latvia