Thales Group
 |
|
| Société Anonyme | |
| Traded as | Euronext: HO |
| Industry | Aerospace, Defence, Transport, Security |
| Predecessor | Thomson-CSF |
| Founded | 6 December 2000 |
| Headquarters | La Défense, France |
|
Area served
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worldwide |
|
Key people
|
Patrice Caine (CEO) |
| Products | Tactical radios, remote weapon systems, radar, infantry mobility vehicles, aerospace electronics |
| Revenue | €13.03 billion (2011) |
 €678.5.3 million (2011)
|
|
| Profit |
€511.5 million (2011)
|
| Total assets | €21.08 billion (end 2011) |
| Total equity | €4.13 billion (end 2011) |
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Number of employees
|
63,730 (end 2010) |
| Subsidiaries |
Thales Communications Thales Air Defence Thales Underwater Systems Thales Nederland Thales Australia Thales Training & Simulation Thales Alenia Space |
| Website | www |
Thales Group (French: [talɛs]) is a French multinational company that designs and builds electrical systems and provides services for the aerospace, defence, transportation and security markets. Its headquarters are in La Défense (the business district of Paris), and its stock is listed on the Euronext Paris.
The company changed its name to Thales (from the Greek philosopher Thales, pronounced [talɛs] reflecting its pronunciation in French) from Thomson-CSF in December 2000 shortly after the £1.3 billion acquisition of Racal Electronics plc, a UK defence electronics group. It is partially state-owned by the French government, and has operations in more than 50 countries. It has 68,000 employees and generated €13.03 billion in revenues in 2011. The Group is ranked as the 475th largest company in the world by Fortune 500 Global. It is also the 10th largest defence contractor in the world and 55% of its total sales are military sales.
The CEO of Thales Group is Patrice Caine since December 2014.
Thales' predecessor, Thomson-CSF, evolved from Compagnie Française Thomson-Houston (CFTH), which was established in 1893. However Thomson-CSF itself was established in 1968 when Thomson-Brandt (the renamed CFTH) merged its electronics arm with that of Compagnie Générale de Télégraphie Sans Fil (CSF).
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