Thales Enters Advanced Talks to Acquire RTX’s Stake in Thales Raytheon Systems
The planned acquisition would give Thales full ownership of the French joint venture specialized in NATO air and missile defense command and control.
www.thalesgroup.com
Thales, a global leader in advanced technologies for the Defence, Aerospace, and Cyber & Digital sectors, announces that it has signed a Memorandum of Understanding (MoU) with a view to acquire RTX’s stake in the French joint venture company Thales Raytheon Systems Air and Missile Defense Command and Control SAS (« TRS AMDC2 » ), currently held equally by affiliates of Thales and RTX.
TRS AMDC2 has been specialized for over twenty years in the development of NATO's airspace command and control system (ACCS) for NATO nations and command structure.
Employee representative organisations will be consulted on the proposed acquisition. The proposed acquisition is expected to be finalised before the end of 2025, following approval from the antitrust authorities and the granting of the usual regulatory authorisations.
www.thalesgroup.com
