Thales has completed the acquisition of Cobham Aerospace Communications, a supplier of advanced, ultra-reliable safety cockpit communication and connectivity systems.
This is a major milestone for Thales, complementing and strengthening its avionics portfolio and creating a worldwide player in this market. With ~734 employees, of which ~190 engineers, AeroComms operates across a well-invested footprint in France, South Africa, the USA/Canada, and Denmark. This transaction will create significant value for Thales shareholders in line with the targets communicated in July 2023, when announcing the acquisition.
Speaking about the acquisition, Yannick Assouad, Thales Executive Vice-President Avionics, said: “The acquisition of Cobham Aerospace Communications marks a new step in the very attractive and fast-growing communications and connectivity market. We are very excited to welcome these highly skilled experts to Thales. Combined with our established expertise in avionics, Cobham Aerospace Communications’ talents and technologies represent a tremendous accelerator for a more sustainable aerospace future.”
Nicolas Bonleux, Cobham Aerospace Communications Chief Executive Officer, added: “Joining Thales is a great opportunity for Cobham Aerospace Communications to continue innovating in cutting-edge avionics products and growing the business. We are ready to embrace the upcoming revolution in aircraft connectivity and communication, and eager to invent a sustainable aerospace future together.”
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