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Last $54.72 USD
Change Today 0.00 / 0.00%
Volume 0.0
THLEY On Other Exchanges
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As of 4:30 PM 09/15/14 All times are local (Market data is delayed by at least 15 minutes).

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thales-spon adr (THLEY) Details

Thales SA provides integrated solutions and equipment for government and private-sector customers in the aeronautics, space, transport, defense, and security markets in France and internationally. The company offers navigation systems, radars and air traffic control centers, surveillance systems, satellite navigation products, and airport management solutions. It is also involved in designing, developing, manufacturing, integrating, and supporting interoperable solutions for surveillance, mobility, protection, target acquisition, and engagement of land forces, including missile and armaments systems, optronics sensors, and protected vehicles; and the design of defense mission systems and equipment for aircraft, helicopters, UAV, surface vessels, and submarines, as well as offers operational maintenance services. In addition, the company provides interoperable and secure information and communications systems, such as radio communication products, networks and infrastructure systems, protection systems, critical information systems, and information technology security solutions. Further, it offers satellite and orbital infrastructure solutions; flight avionics systems and equipment, passenger cabin systems, and flight simulators for helicopters and military aircraft; microwave and imaging subsystems; and transportation systems and services for the operation of transport infrastructures, including rail signaling, and control and surveillance systems for urban and mainline transport networks, as well as fare collection and toll services. The company was formerly known as Thomson-CSF and changed its name to Thales SA in 2000. Thales SA was founded in 1893 and is headquartered in Neuilly-sur-Seine, France.

61,000 Employees
Last Reported Date: 02/26/15
Founded in 1893

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thales-spon adr (THLEY) Key Developments

Thales Wins Dubai Metro Maintenance Deal

Thales has signed a five-year service level agreement with Dubai's Roads and Transport Authority (RTA) and Serco Company to provide maintenance support services for Dubai Metro. In line with its lifetime responsibility for safety, integration and interoperability, but also its willingness to reinforce long-term commitment to its customers in the region, Thales is strengthening its local skills and expertise based in Dubai. As per the contract, the Thales team will deliver efficient, competitive and sustainable services while ensuring the higher levels of passenger safety and comfort. Local experts will be supported by Thales's worldwide expertise when resolving critical issues. Its service solutions include remote and on-site support for maintenance ensuring system knowledge and recovery. By working with regional industrial powerhouses regarding urban transport and main lines, Thales is further cementing its presence in the region.

Bombardier and Thales Win Rail Control Contract for Mediterranean Corridor in Spain

Bombardier and Thales consortium has won a contract to deliver the European Train Control System (ETCS) Level 1 for the 210 km Valencia to Vandellos section of the Mediterranean Corridor. The new order, awarded by Spain's Administrator of Railway Infrastructure for high-speed, ADIF Alta Velocidad, has a total value of approximately EUR 29.6 million with Bombardier's share valued at approximately EUR 11.5 million. The corridor upgrade project includes multiple components. The globally proven BOMBARDIER INTERFLO 250 ERTMS Level 1 solution has been chosen for the 60 km Valencia Nord to Burriana section. Thales will install its European Rail Traffic management System (ERTMS) Level 1 solution AlTrac on the 150 km Villareal to Vandellos section of the line, and its ERTMS Central Post solution on the whole section. Both solutions equally meet the requirements for technical interoperability needed for operation on the trans-European rail network, which includes the Mediterranean Corridor. Also, the project includes the adaptation of signalling installations (electronic interlockings) for integration with the new ERTMS and laying cables for new ERTMS equipment to interface with Adif's communication network. Thales and Bombardier's contribution to the overall project on the Mediterranean Corridor will advance the modernisation of the line's different high-speed, conventional, and freight railway applications as well as other lines running parallel to the coast. This will improve existing infrastructures and support Spain's economic development.

Thales and Airbus Defence and Space to Build New Signals Intelligence System

Defence Procurement Agency has selected Thales and Airbus Defence and Space as co-prime contractors for the design and making of France's space-based signals intelligence (SIGINT) system whose entry into service is scheduled for 2020. Under the contract, which covers the whole space segment, user ground segment and thorough life support, Thales will be responsible for the system's payload onboard the satellites and the user ground segment, which is charge of programming the satellites and data processing. Airbus Defence and Space will be responsible for the space segment, comprising the three satellites that will integrate the SIGINT payloads. Franco-Italian joint venture Thales Alenia Space will supply the platform as subcontractor to Airbus Defence and Space.


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Price/Earnings 13.5x
Price/Sales 0.7x
Price/Book 2.6x
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