Thales has finalised the acquisition of Cobham Aerospace Communications, a leading supplier of advanced, ultra-reliable innovative safety cockpit communication and connectivity systems. This marks a significant milestone for Thales, bolstering its avionics portfolio and establishing a prominent global presence in this sector. With approximately 734 employees, including around 190 engineers, AeroComms operates across well-invested facilities in France, South Africa, USA/Canada, and Denmark. This transaction is expected to generate substantial value for Thales shareholders, aligning with the targets communicated in July 2023 upon the announcement of the acquisition.
Yannick Assouad, Thales Executive Vice-President of Avionics, commented: “The acquisition of Cobham Aerospace Communications represents a significant advancement in the highly promising and rapidly expanding communications and connectivity market. We are delighted to welcome these highly skilled experts to Thales. Combined with our established expertise in avionics, Cobham Aerospace Communications’ talents and technologies serve as a formidable catalyst for fostering a more sustainable aerospace future.”
Nicolas Bonleux, Chief Executive Officer of Cobham Aerospace Communications, remarked: “Joining Thales presents an excellent opportunity for Cobham Aerospace Communications to continue innovating in cutting-edge avionics products and expanding the business. We are prepared to embrace the forthcoming revolution in aircraft connectivity and communication, and are enthusiastic about collaboratively shaping a sustainable aerospace future.”
This acquisition enhances Thales’ offering and strengthens its position within connected avionic systems, building upon recent market successes and consolidating its position as a key industry leader.
