Thales has completed its acquisition of RUAG Simulation & Training, which it says will create new opportunities to accelerate the deployment of next generation hybrid solutions, combining world-class live and synthetic expertise.
The combination of the two companies brings together more than 1,400 employees based in six countries (France, Switzerland, Germany, the United Kingdom, Australia and the UAE), helping Thales becomes one of the main European players in the training and simulation field.
While reinforcing its local footprint in priority geographies (France, Switzerland, Germany, and United Kingdom), the acquisition of RUAG Simulation & Training, which included 500 employees and sales worth approximately €90 million in 2021, will increase its presence in UAE and Australia,
As part of the combined group’s digital strategy, Thales said the integration will help accelerate the group's move towards developing more environmentally efficient and digital training solutions for the military, which is being driven by the digitalization of land forces.
“The merger also complements Thales’s footprint in the land market in particular, meanwhile sustaining its field-proven expertise in helicopters and military aircraft solutions,” Thales stated.
With the formal acquisition process completed, the next step will be to integrate the two companies to create a more efficient business, while ensuring the continuity of activities and operations for the benefit of the armed forces.