French newspaper Le Figaro announced recently that the French electronics group Thales could link up to French telecommunications equipment manufacturer Alcatel and Finmeccanica, to forge a company capable of competing with the European aerospace giant EADS.
“We are interested in agreements, including structural agreements, with the French defence industry,” Finmeccanica CEO Pier Francesco Guarguaglini told a news conference after the general assembly of shareholders. SpaceDaily.com: Finmeccanica Interested In Accords With French Defence Industry.
For additional background in this area, see DID’s recent article Tracking European Defense Sector Ownership.