Thales and Elettronica have signed a Memorandum of Understanding
OREANDA-NEWS. Thales and Elettronica have signed a Memorandum of Understanding (MoU) to strengthen their industrial and commercial operations and relations in the aerospace and defence business. The aim of the agreement is to explore joint initiatives and pursue growth business opportunities in the Electronic Warfare (EW) segment.
The two companies are already leaders in aerospace and defence technology and this new collaboration will offer even more synergisms to customers worldwide, building the largest EW pole in Europe.
Under this MoU and the leadership of an Executive Steering Comittee, Thales and Elettronica launch at Farnborough a new solution in airborne self-protection systems and will develop areas for larger cooperation in the EW segment.
The reinforcement of this already tight relationship may become one important success factor for the two companies in the next years leading to an increased market share based on competitive offers and wide portfolio solutions and technologies.
Elettronica is a world leader in Electronic Warfare markets with a global presence in 28 countries. The company, with reported sales of €300M in 2015, is a leading provider of intelligence, surveillance, reconnaissance, self-protection systems and now Cyber EW. Elettronica offers an unrivalled range of jamming solutions for every airborne, naval and ground segment and is strongly engaged in developing advanced concepts and technologies to meet the most demanding operational and user requirements all over the world?.
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