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Thales Completes Acquisition of Moog Navigation Aids Business - Thales has acquired the Moog ground-based navigation aids business located in Salt Lake City, Utah, enabling it to provide a more comprehensive navigation aid offering to its customers worldwide - Moog.com / ThalesGroup.com
Thales Completes Acquisition of Moog Navigation Aids Business

 

PRZOOM - /newswire/ - Paris, Ile-de-France, France, 2021/12/06 - Thales has acquired the Moog ground-based navigation aids business located in Salt Lake City, Utah, enabling it to provide a more comprehensive navigation aid offering to its customers worldwide - Moog.com / ThalesGroup.com. Euronext: HO

   
 
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• With the Moog navigation aids business, Thales extends its navigation aid offerings and accesses additional “man-portable” technology, further supporting customers’ contingency air operations and evolving mobility needs.
• Moog employee expertise will expand Thales’ U.S.-based engineering, industrial and technology capabilities.
• Through this acquisition, Thales can offer its civil and military customers an even more advanced technology with varying solutions for their specific needs.

The acquisition was completed after Thales received the required regulatory approvals in October 2021.

Both Thales and Moog (moog.com) have recognized histories and deployments in the United States (U.S.) and around the world. A trusted partner of the aviation industry, Thales provides air traffic management solutions and navigation aids to the U.S. Federal Aviation Administration and the U.S. Department of Defense, as well as Air Navigation Service Providers (ANSPs) and airports worldwide. Similarly, Moog has demonstrated the quality, reliability and longevity of its navigation aids to the U.S. Navy, the U.S. Marine Corps, and global ANSPs and military forces.

“Radio air navigation offers unmatched reliability and convenience for all aviation stakeholders from pilots to ANSPs,” said Kais Mnif, Managing Director, Navaids and Surveillance Business, Thales. “Additionally, the ways we design our navigation aids and bring them to the market have dramatically evolved with technological advances and creative delivery models. Our civil and military customers are discovering the value of investing in high performance, digital, compact, low consumption and low maintenance systems. Through the acquisition of Moog, we can offer them an even more advanced technology with varying solutions for their specific needs.”

About Thales

Thales (thalesgroup.com) is a global leader in advanced technologies, investing in digital and “deep tech” innovations connectivity, big data, artificial intelligence, cybersecurity and quantum computing to build a confident future crucial for the development of our societies. The Group provides its customers businesses, organisations and governments in the defence, aeronautics, space, transport, and digital identity and security domains with solutions, services and products that help them fulfil their critical role, consideration for the individual being the driving force behind all decisions.

Thales has 81,000 employees in 68 countries. In 2020 the Group generated sales of €17 billion.

About Thales in the USA

In the United States, Thales has conducted significant research and development, manufacturing, and service capabilities for more than 100 years. Today, Thales is present in 22 states, operating 46 different facilities and employing nearly 5,000 people. Working closely with U.S. customers and local partners, Thales is able to meet the most complex requirements for every operating environment.

Contact: Matt Cox - Thales, Media Relations USA
P: +1 540-426-6505 - E: Mathew.cox[.]thalesgroup.com.

 
 
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Agency / Source: Thales Group

 
 

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Thales Completes Acquisition of Moog Navigation Aids Business

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Moog Navigation | Thales
Contact: Maria Mellouli - ThalesGroup.com 
+33(0)1 57 77 84 57 maria.mellouli[.]thalesgroup.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Thales Group securities in any jurisdiction including any other companies listed or named in this release.

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