Thomson-CSF SA announced yesterday that it has agreement in principle to buy Thorn EMI Plc’s missile electronics and optronics divisions for an undisclosed sum: combined annual turnover of the two divisions is about #90m and represents around half of the military sales of Thorn EMI; Thorn says it will now have three other defence businesses […]
Thomson-CSF SA announced yesterday that it has agreement in principle to buy Thorn EMI Plc’s missile electronics and optronics divisions for an undisclosed sum: combined annual turnover of the two divisions is about #90m and represents around half of the military sales of Thorn EMI; Thorn says it will now have three other defence businesses to sell, and that while talks were progressing, no sales were imminent; the trio is sensors, command systems and automation systems.
