Airbus Helicopters has signed an agreement to acquire Aerovel and its small tactical unmanned aerial system called Flexrotor for intelligence, surveillance, target acquisition and reconnaissance missions. According to the Marignane, France-based company, the strategic move will expand its UAS portfolio. Aerovel’s expertise in autonomous flight technology complements the organization’s UAS development efforts and supports its...
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Tag: merger and acquisition
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Thales Shifts Expansion to Overdrive as It Seeks More Acquisitions After Three Buyouts
Thales remains open to pour capital on additional mergers and acquisitions after three new acquisitions worth about $4.3 billion, the French defense electronics group’s Chairman and CEO Patrice Caine told the Financial Times. The recent buyouts include the purchase of U.S. cybersecurity group Imperva for $ 3.6 billion in July, the largest since the 2017...