QuickView: Credible defence
The management team at Thales is doing a good job of restoring credibility with investors, as evidenced by the more than doubling of the share price since October 2014. Organic growth has been stimulated and the problem areas have progressively been addressed. Portfolio optimisation continues, with strategic acquisitions furthering the group’s capabilities, notably in cyber through the Vormetric purchase and the new Cisco partnership for critical national infrastructure cyber protection. In a relatively short time, Thales has progressed from underdog status in the defence sector to a globally competitive critical solutions provider.Thales is an electronics and systems group, serving defense, aeronautics, transport, space and security markets. Co.'s operations can be divided into four operating segments: Aerospace (Avionics, Space), Transportation (Ground Transport Systems), Defence & Security (Secure Communications & Information Systems Land and Air Systems, Defence Mission Systems), and DCNS. Co. designs and delivers systems for all four environments: air, land, sea and space. These systems detect and assess threats, manage information, support command decisions and control engagements through to threat neutralization. Co. is active in ground transportation; air transport; navigation systems.
Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.
.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.