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Established (under a different name) in France more than a century ago, it now has operations in more than 30 countries and 65,000 employees, and generated 11.1 billion euros in revenues in 2002.
The stock of Thales is part of the CAC 40 stock market index.
In 2002 Thales set up the joint venture company Armaris with the French shipbuilder DCN. The new company will exploit the combined capabilites to offer a total "bottom up" shipbuilding capability.
In 2003 Thales UK's design won the competition for the Royal Navy Future Carrier (CVF) and the company will participate in an alliance company with BAE Systems and the UK Ministry of Defence. This Thales design may form the basis of the Future French aircraft carrierA new generation of aircraft carrier developed both for the French Marine nationale based on the Thales design for a UK future aircraft carrier, CV(F). The vessel will displace approximately 50,000 tonnes almost three times the displacment of the current which the company has agreed to build with DCN.
Thales is part of the Airtanker consortium, the winning bid for the RAF's Future Strategic Tanker AircraftRAF FSTA Description Role Air-to-air refueling Crew 2 Pilots & AAR operator Unit Cost Primary ContractorAir Tanker Ltd. Date Deployed Estimated 2008 Inventory Dimensions Length193 ft59 m Wingspan (to winglet tips)197 ft 10 in60. 3m Height57 ft 17. 4mCargo.
In 19961996 was a leap year starting on Monday (see link for calendar), and was designated the International Year for the Eradication of Poverty''. Events January January 5 Hamas operative Yahya Ayyash is killed by an Israeli-planted booby-trapped cell phone Jan, an EU directive forced the privatizationPrivatization (sometimes: denationalization privatisation or — especially in India — disinvestment is the economic process of transferring property, from public ownership to private ownership. An opposite process is nationalization. In theory, privatizati of Thomson. The French government split it into its military and consumer components.
In 1999 Thomson-CSF explored the possibility of merging with Marconi Electronic SystemsMarconi Electronic Systems was a division of The General Electric Company plc (GEC) of UK. It was demerged from GEC and merged with British Aerospace in 1999 to form BAE SYSTEMS. GEC was renamed Marconi plc in 1999. however British AerospaceBritish Aerospace (BAe) was a British aircraft manufacturer, now part of BAE SYSTEMS. The company was formed on April 29, 1977 from British Aircraft Corporation, Hawker Siddeley Aviation, Hawker Siddeley Dynamics and Scottish Aviation. In 1979, joined Air was successful in that aim, forming BAE Systems.
In 2000 the military component, known as Thomson-CSF went through a series of transactions, including with Marconi plcMarconi is a radio, telecommunication and internet equipment manufacturing company, founded by Guglielmo Marconi. History 1897 — Guglielmo Marconi founded the Wireless Telegraph and Signal Company 1900 — Renamed to Marconi's Wireless Telegraph Company 194. The company also purchased the British defence electronics firm, RacalRacal was a British defence electronics firm purchased by Thomson-CSF in 2000. Racal was created in 1950, the name derived from the partners Ra ymond Brown and Cal der Cunningham. In 1983, Racal competed for one of the original licences to operate a cellu, becoming the second largest particpant in the UK defence industry after BAE. Racal was renamed Thomson-CSF Racal plc.
On December 6 2000 the group was renamed Thales. The consumer division became Thomson Multimedia, and was renamed back Thomson in 2002.