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Thales eyes buying RUAG International's training unit

by Marc Selinger

Switzerland's RUAG International, which wants to shift its focus to the growing space market, announced on 16 November that it is negotiating the sale of its Simulation & Training (S&T) business to France's Thales Group.

RUAG S&T develops, manufactures, and supports simulation and training systems for defence and security forces. It employs approximately 500 people in Switzerland, France, Germany, and the United Arab Emirates, and expects to generate sales of EUR86 million (USD97.6 million) in 2021.

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https://www.janes.com/defence-news/news-detail/thales-eyes-buying-ruag-internationals-training-unit

Switzerland's RUAG International, which wants to shift its focus to the growing space market, announ...

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