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Thales sells civil aircraft simulator business to L-3 Communications

London, United Kingdom - "We feel that L-3 will be better placed to maximise the business' potential"

Thales UK is going to sell a part of its business to the American competitor L-3 Communication through an 83 million pound deal as reported by the press today 16 April 2012. In particular the sector which will be sold is the fixed-wing aircraft simulator business: the deal includes the sale of the entire Sussex simulator production plant and the Thales training centre in Bangkok, Thailand. The...

AVIONEWS - World Aeronautical Press Agency - 1139638

AVIONEWS - World Aeronautical Press Agency
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