The merging will provide advanced solutions and services for combat readiness of land forces.
Thales has completed the acquisition of RUAG Simulation & Training, including its 500 employees and with sales worth approximately € 90mn (US$ 94.86mn) in 2021.
The consolidation will complement Thales’s footprint in the land market in particular, meanwhile sustaining its field-proven expertise in helicopters and military aircraft solutions. This acquisition will provide an opportunity to reinforce local footprint in priority geographies (France, Switzerland, Germany, and United Kingdom), while increasing presence in UAE and Australia.
The synergies of Thales and RUAG S&T will create new opportunities to accelerate the deployment of next generation hybrid solutions, combining world-class live and synthetic expertise. The initiative, which is driven by the digitalization of land forces, is fully in line with the global evolution toward more environmentally friendly solutions, in line with Thales ESG commitments.
Thales’ Training & Simulation business designs and delivers training capabilities for armed forces, civil and government helicopter operators worldwide.
RUAG S&T thus benefits from a solid market reputation, and its portfolio includes significant contracts among which several ones with the Swiss Army.