November 18, 2017 3:23 AM ET

Aerospace and Defense

Company Overview of Thales Canada Inc.

Company Overview

Thales Canada Inc. develops and provides information systems for defense and security, aerospace, and transportation markets in Canada and internationally. It offers command, control, communications and computer-based intelligence, surveillance, and reconnaissance products for forces; force protection products; and radar and night vision systems. The company provides integrated systems for cockpit, and cabin and flight controls for regional and business aircraft. It also offers communications-based train control and rail signaling solutions for mass transit applications, including metros, subways, light rapid transit, and automated people movers, as well as regional integrated fare collectio...

2800, Marie-Curie Avenue

Saint-Laurent, QC H4S 2C2


Founded in 1981





Key Executives for Thales Canada Inc.

Chief Executive Officer, President, Vice President of Land & Air Systems and Director
Chairman of the Board and Executive Vice President of Ground Transportation System
Chief Financial Officer, Treasurer and Director
Vice President of Operations
Chief Technical Officer
Compensation as of Fiscal Year 2017.

Thales Canada Inc. Key Developments

Thales Canada and Thales Australia Secures $4.13 Billion ISS Contract for Canadian Navy's AOPS and JSS Fleet

Thales Canada and Thales Australia has secured a CAD 5.2 billion in-service support (ISS) contract for the Royal Canadian Navy (RCN) Arctic and offshore patrol ships (AOPS) and joint support ships (JSS). The new contract demonstrates the Government of Canada's commitment to renewing Canada's federal fleet of combat and non-combat ships via the National Shipbuilding Strategy (NSS). The deal will see the JV carry out various servicing and maintenance operations, including refits, repairs, maintenance and training for the RCN's fleet.Thales is also expected to deliver initial ISS for a period of eight years for up to CAD 800 million ($635.6 million) as part of the initiative, with provisions to extend services to up to 35 years. The new contract is known as AJISS and is to be carried out under a close collaboration between Thales and the Canadian Navy's support facilities and personnel. It is expected to generate an economic benefit of more than CAD 250 million ($198.6 million) in research and development (R&D) for Canada, in addition to creating and maintaining more than 2,000 middle-class jobs across the country for a period of up to 35 years.

Thales Canada Wins $5.2 Billion Contact

Thales has been awarded a multibillion-dollar contract to service Canada's new fleet of Arctic offshore patrol ships and joint support vessels. Thales Canada will provide in-service support for the vessels under a contract that could total $5.2 billion over 35 years. The contract starts with an eight-year, $800-million service period.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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