French defense and aerospace company Thales has finalized its acquisition of Australian cybersecurity firm Tesserent, a deal that it said will contribute to building its cybersecurity business worldwide. Tesserent’s full suite of cybersecurity solutions and services delivered a 2022 turnover of $117.4 million, making it one of the leading industry players in the country. Its...
Tag: Thales
France to Boost Ammo, Weapons Output to Replace Capabilities Shipped to Ukraine
French defense companies have increased their production of self-propelled guns, artillery shells, fighter jets and anti-air missiles, according to Minister of the Armed Forces Sébastien Lecornu. In a statement on social media Tuesday, the minister said the boosted ammunition and weapons output reflects France’s shift to a “war economy.” He added that the ramped-up production...
Thales Surveillance Tech to Secure New French Navy Patrol Ships
The French Defence Procurement Agency or DGA has awarded a contract for Thales to supply the French Navy’s seven new offshore patrol vessels with surveillance solutions. The company’s contract announcement did not specify its value but said the sensors for delivery include Thales’ Bluewatcher hull sonar, the new NS50 compact multi-mission surveillance radar and the...
Thales Acquires California-Based Cybersecurity Company Imperva for $3.6B
Thales has completed the acquisition of Imperva, a California-based cybersecurity company, for approximately $3.6 billion. The French aerospace, defense and security company reached an agreement to make the purchase from software investment firm Thoma Bravo in July, a transaction that was initially expected to end in the first quarter of 2024. The addition of Imperva expands Thales’ cybersecurity portfolio....
Christoph Ruffner To Lead Thales Germany as CEO
Paris-based global technology conglomerate Thales Group has appointed Christoph Ruffner as Thales Germany’s CEO and country director, effective Jan. 1. Ruffner will work under Philippe Duhamel, Thales executive vice president for defense mission systems. His predecessor, Oliver Dorre, who left Thales on Dec. 31, is set to join defense electronics company Hensoldt as its CEO starting...
QinetiQ Lands UK Contract to Enhance British Army Vehicles’ Protection Capabilities
QinetiQ said it has secured a contract from the U.K. Defence Science and Technology Laboratory to enhance the protection capabilities of the British Army’s land armored vehicles. The deal serves as Phase II of the Modular Integrated Protection System program, which aims to develop an active protection system for British tanks and armored personnel carriers...
Thales Post-Quantum Cryptography Kit To Help Businesses Against Data Breaches
Thales has launched the PQC Starter Kit, a new solution to help businesses prepare against data breaches that are expected to emerge in the post-quantum cryptography era. The Paris-based technology company developed the kit in partnership with quantum computing company Quantinuum. Through the kit’s trustworthy environment, businesses can test quantum-hardened, PQC-ready encryption keys to learn...
UK Awards Thales $2.3B Contract to Boost Royal Navy’s Readiness
French electronic defense contractor Thales has secured a $2.3 billion, 15-year contract to keep the British Royal Navy’s fleet at sea longer. The company said the new Maritime Sensor Enhancement Team contract, which started Jan. 1, responds to the rising need to boost the availability of RN ships and submarines amid growing uncertainties in the...
Thales Conducts Mine Countermeasure Drone Sea Trials for UK, French Navies
Thales has demonstrated the capabilities of its drone-based mine countermeasure system to find and neutralize submerged threats remotely. During a trial conducted in France, the company remotely deployed its unmanned, underwater vessel to identify sea mines and install exercise charges to complete the neutralization cycle. A Thales team in a facility in Brest, France, served as...
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...