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Defense Industr News - Thales / Safran
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| Monday, January
30, 2012, 11:52 AM |
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| Thales
and Safran acquire Areva's stake in Sofradir supplier of infrared detectors. |
Safran
and Thales have acquired Areva's 20% stake in Sofradir, their jointly
owned subsidiary and a world-class centre of excellence in infrared detector
technology. |
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Sofradir
is a leading supplier of infrared detectors to the optronics industry.
Its technologies are used for a wide range of commercial and military
applications, particularly night vision equipment. Sofradir employed 550
people and generated revenue of around €150 million. Most of its
employees are based at the company's development and production centre
in Veurey-Voroize, near Grenoble, France.
Safran and Thales have raised their respective stake to 50% of Sofradir,
compared to 40% previously. This transaction is part of the optronics
partnership between Safran and Thales that was signed on 20 December 2011. |
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