ArmInfo.The French group of companies Thales will participate in the business forum, which will be held on October 10 in Yerevan as part of the summit of the International Organization of Francophonie. The agreement was reached during the meeting of RA President Armen Sarkissian in Paris with the company's management.
As reported by the Armenian President's Office, Armen Sarkissian emphasized the importance of Thales Group's active participation in the work of the business forum.
To note, Thales Group is a global leader in the aerospace, defense and transport technologies market and a leader in security solutions. It was founded in 1892, the head office is in the city of Neuilly-sur-Seine near Paris. The company has offices in more than 50 countries around the world, and employs about 68 thousand people. The company changed its name from Thomson to Thales in December 2000 after purchasing for 1.3 billion pounds of the British company Racal Electronics, which specializes in developing military electronics. The military component constitutes 60% of all products of the company.
To recall, five years ago the company refuted information about negotiations with the Defense Ministry of Armenia on the production of communication equipment and combat management systems.
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