Thales Group is a French publically traded multinational company. The company’s history dates back to over 100 years but some of its most recent history is changing its name from Thomson-CSF to Thales in December 2000 when they acquired Racal Electronics plc, a UK defense electronics group. The deal was worth approximately 1,300 million. Headquartered in Neuilly-sur-Seine, France, Thales Group employs approximately 65,000 people worldwide. The main markets Thales Group serves include the following aerospace, defense, security and transportation. Ranked by Fortune 500 global, Thales Group is the 11th largest defense contractor in the world. For the year 2013, Thales Group generated sales of approximately 14.2 billion euros in sales. The company has been a prosperous company for many reasons. One of the reasons is because Thales spends approximately 2.5 billion euros in research and development. The company has a portfolio of 13,000 patents and the number continues to grow with the new patents in process. Thales has facilities in Africa, Asia, Europe, Oceania, North America, and South America. For the transportation product line, Thales Group offers products and systems that are used to for signaling and train control, traffic management, communications, supervision, security, passenger information and ticketing and revenue collection. |
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