Since the transport segment will be treated as discontinued operations in the 2021 financial statements, Thales’s 2021 financial outlook is updated as follows: As in 2019 and 2020, a book-to ...

Thales said the sale of its transportation-systems business to Hitachi is likely to be delayed by months until the second half of next year due to U.K. antitrust concerns.

As of June 2021, Thales has EUR 6.3 billion in gross debt, EUR 3 billion in pension liabilities, and net contract liabilities of EUR 4.8 billion, with EUR 3.8 billion in cash on the balance sheet.

Thales is selling its smallest division, transport, to Hitachi for a EUR 1,660 million enterprise value with cash proceeds expected to be realised around the beginning of 2023. The transport ...

Thales SA’s rail-signaling division, which today won its first order in Japan, is poised to improve its performance in 2014 from last year, driven by demand in the Middle East and Asian markets ...

LONDON, May 31, 2024 (GLOBE NEWSWIRE) -- Hitachi Rail announced today the completion of its €1,660m acquisition of Thales’ Ground Transportation Systems (GTS) business, expanding its global ...

The metro in Dubai is equipped with Thales' comprehensive range, comprising CBTC signalling, ticketing, telecommunications and supervision. Gabriel Colceag, Manager of Thales' urban signalling of ...

By Andy Williams, Contributing Editor, AVISIAN Publications Global systems operator Thales is more than just a transit/transport integrator utilizing smart cards. Lots more. Try aircraft carriers, ...

New York Metropolitan Transportation Authority (MTA) Chairman and CEO Patrick J. Foye sent warning letters to MTA’s 11 largest suppliers on Sept. 17. “The COVID-19 pandemic has exacted a horrific toll ...

Thales SEC Transport (TST, Thales' JV in China) will provide its innovative TSTCBTC ®2.0 signalling system for the Zhengzhou Metro Line 6 Phase 1 project, which aims to achieve zero interruptions ...

Transport companies including Thales , MBDA and Fincantieri have won a contract to renovate French and Italian frigates, the French ministry of defence said on Wednesday.

Combined business’ revenues €7.3bn in FY23 (pro-forma) achieve Hitachi Rail’s longstanding target to surpass ¥1 trillion annually Deal aligns with Hitachi Group’s sustainable growth ...