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Airbus | Mergers & Acquisitions | Thales

Thales Buys EADS’ 50% Stake in TDA Armaments

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EADS and Thales have agreed to simplify the shareholder and management structure at TDA Armements by selling EADS’ 50% share in TDA Armements, leaving Thales with 100% of the company. TDA Armements in La Ferte Saint Aubin, France and in Herstal, Belgium employs 471 people and generated sales of approximately EUR 90 million in 2004. […]

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