Thales has achieved a significant financial growth in the year 2014 with 40% increase in order intakes particularly from Middle-East and Asia since 2012.
Thales has recorded order intake of €14.36 billion in 2014 in total, representing increase of 11% compared to €12.9 billion in 2013. Meanwhile, sales increased by 2%.
The 2014 Annual Results report states that the order intakes in the Middle East and Asia saw an increase of 38% and 15% respectively.
In Middle East, the order intake in the emerging markets including Aerospace, transport and defense and security continued to grow reaching €4,267 million or 30% of total order intake in Middle East. Meanwhile, Asia saw €1,701 million growth in 2014 compared to € 1,479 million in 2013.
Similarly, the sales in Middle East were €912 million last year, recording 9% growth compared to €833 million in 2013. Furthermore, the sales increased by 14% in Asia recording € 1,823 million in 2014, meanwhile in 2013 it was € 1,597 million.
In all the business markets, Thales achieved a commercial growth in 2014 with drastic increase to €14.36 billion in order intake, indicating an increase of 11% compared to 2013.
Abu Dhabi Ship Building (ADSB) has signed a Memorandum of Understanding (MoU) with Thales to provide integrated engineering support services for military vessels. Under this strategic agreement, ADSB will collaborate with Thales to develop, implement, and deliver world-class life-cycle management solutions for ships for a number of regional defense stakeholders
Northrop Grumman has selected Thales to supply its state of the art Flight Management System software, i-FMS200, to be embedded in the avionics mission equipment package to upgrade the US Armys UH-60L Black Hawk helicopters. The upgraded version of the Black Hawk helicopter will be known as UH-60V
Thales simulation system has connected the two French Army simulation centers located more than 150 km apart to operate as a network, with a total of 12 simulated helicopters interacting in the same tactical scenario. The simulation centres involved were at Phalsbourg (1st Combat Helicopter Regiment) and Etain (3rd Combat Helicopter Regiment) in Eastern France, according to Thales press release on February 4
Thales has won a contract to upgrade the fire control system for the surface-to-air anti-missile system (SAAM) deployed by the French Navys Charles de Gaulle aircraft carrier. The contract was awarded from The Joint Armaments Cooperation Organization (OCCAr) on behalf of the French Defence Procurement Agency (DGA) to upgrade the SAAM - surface-to-air anti-missile system
Thales has elected Patrice Caine as a new Chairman & Chief Executive Officer, following the resignations of Philippe Logak, who served as Chairman & Chief Executive Officer. As such, he was mandated to prepare the separation of the Chief Executive Officer role, which he will hold, and the Chairman of the Board role, which will be held by Henri Proglio
ThalesRaytheonSystems has won a contract to supply the French armed forces with 12 fixed Ground Master 400 radars and 4 mobile tactical Ground Master 200 radars under the SCCOA air command and control program. The contract awarded on 8 December by the DGA, the French defense procurement agency, includes installation and civil engineering work for the 12 Ground Master 400 radars
Thales announced at LIMA 2015 that it has delivered the first of two further Airborne Maritime Situation and Control System (AMASCOS) mission systems to the Royal Malaysian Air Force (RMAF). The systems will help by converting four Beechcraft B200 King Air aircraft into more capable maritime surveillance platforms, with delivery due next year, Shephard media reported on Monday
Italian Ministry of Defense and French Defense procurement agency DGA will Ariane 5 launch Sicral 2 military telecommunications satellite on April 15, Thales Alenia Space, a joint venture between Thales and Finmeccanica said in a statement Wednesday. After being developed at the Thales Alenia Space plants in Rome, lAquila, Cannes and Toulouse, the satellite has been integrated in Rome and Turin facilities and then underwent environmental tests at the company's plant in Cannes
Indias Light Combat Helicopter (LCH) has successfully completed cold weather trials at Air Force Station, Leh recently, Hindustan Aeronautics (HAL) announced Monday. “The trials covered engine starts with internal batteries after overnight cold soak at 3 km altitude and 4
Thales announced today that it has been chosen to develop a single air traffic management system that will unify the separate systems used by the Royal Australian Air Force and Airservices Australia. According to the company press release, the system will replace Airservices Australian Advanced Air Traffic System (TAAATS) and the Department of Defenses Australian Defense Air Traffic System (ADATS), which are nearing the end of their service lives
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