Thales enters exclusive negotiations to acquire Cobham Aerospace for $1.1bn

Thales has entered into exclusive negotiations to acquire Cobham Aerospace Communications (AeroComms) for $1.1 bn. With this acquisition Thales plans to strengthen its Avionics portfolio by adding global leading position in safety cockpit communications. “With the acquisition of Cobham Aerospace Communications Thales will establish a game changer in the very attractive and fast-growing communications and connectivity market to the benefit of a more sustainable aerospace future. By guaranteeing a cyber-secured, live connection between the cockpit and air traffic control, aircraft will be able to fly optimized trajectories in real time, significantly reducing fuel consumption and, consequently, CO2 emissions in the next