Thales Acquires Exail
3 sources · first reported 10h ago
Thales is buying French underwater-drone maker Exail in a $4.5 billion deal, consolidating its position in the growing market for unmanned underwater naval equipment. The acquisition aims to create an autonomous underwater warfare powerhouse. This move is expected to strengthen Thales' capabilities in underwater naval technology.
Why it matters
The acquisition of Exail by Thales signifies a major development in the underwater naval equipment market, enhancing Thales' position in autonomous underwater warfare technology. This deal has significant implications for the future of naval operations and defense capabilities.
Independent Media 3
Single-source: Independent Media
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How this story unfolded across sources, oldest first.