Thales has entered into advanced discussions with a view to acquire RTX’s stake in the French joint-venture company Thales Raytheon Systems

Thales has signed a MoU with a view to acquire RTX’s stake in the French joint venture company Thales Raytheon Systems. (Thales)

Employee representative organisations will be consulted on the proposed acquisition

Thales announced on July 16 that it has signed a Memorandum of Understanding (MoU) with a view to acquire RTX’s stake in the French joint venture company Thales Raytheon Systems Air and Missile Defense Command and Control SAS ​ («TRS AMDC2»), currently held equally by affiliates of Thales and RTX.

TRS AMDC2 has been specialized for over twenty years in the development of NATO’s airspace command and control system (ACCS) for NATO nations and command structure.

The proposed acquisition is expected to be finalised before the end of 2025, following approval from the antitrust authorities and the granting of the usual regulatory authorisations.