Maintains steady growth in challenging year.
TORONTO, March 15, 2013 /CNW/ - Thales Canada, a trusted manufacturer
and supplier of safety and mission critical systems to the
Transportation, Defence, and Aerospace sectors in Canada and
internationally, reported today that 2012 contract awards amounted to
over $570M1, an 18% growth year- over- year.
"Again this year Thales Canada exceeded its growth targets winning new
business in key emerging markets and increasing our order levels in
existing domestic and international markets," said Paul Kahn, President and CEO of Thales Canada. "Hyderabad will be the first city in India to apply Thales
Communications-Based Train Control technology to its metro line,
opening the door to many more opportunities in that country; and we
secured our second driver-less system in Brazil."
"In defence & security we maintained our position as the key developer
of Army command and control software, as well as the number one
supplier of uncooled optronics systems to the Canadian military," added
Kahn. "We also strengthened our R&D capabilities and will focus our
efforts on cyber security, information fusion, social network analysis,
and modeling and simulation."
"With a strong order backlog and a solid pipeline of opportunities both
domestic and international in urban rail signalling and electronic
systems integration for the Royal Canadian Navy and Canadian Coast
Guard, Thales Canada plans to continue its development in 2013," Kahn added.
Thales Canada 2012 awards and milestones: Transportation:
Secured a communications-based train control (CBTC) project in India -
Lines 1, 2 and 3. The line will be a fully automated moving block system
using Thales' world- leading SelTrac® CBTC.
Awarded the contract to provide a SelTrac® signalling solution for
Vancouver's driver-less Evergreen Line, the fourth SkyTrain line
operation with our technology.
Awarded a contract to supply a fully automated SelTrac® CBTC solution
for Kuala Lumpur's Ampang Line.
Awarded contract for massive Singapore metro re-signalling project of
the North-South, East- West line.
Secured second driver-less CBTC project in Brazil - the Manaus Monorail.
Won the tender to resignal the Walt Disney Monorail in Orlando Florida.
1 Including sales generated with other Thales subsidiaries
Defence and Security:
Renewed our contract to deliver on the multi-year software development
and support contract for Army & Joint command and control system.
Awarded a significant subcontract for the delivery of uncooled optronics
technology to be applied to 409 modernized Canadian Army LAV III combat
Thales' Flight Control Electronics solution is on board Gulfstream's new
G650 business jet; Gulfstream receives flight worthiness certification
for the ultra-long range G650 business jet from the Federal Aviation
Research and Technology:
Inaugurated new Thales Research and Technology Canada centre in Quebec
City, the fifth of Thales' R&D facilities in the world and the first in
Thales is a global technology leader for the Defence & Security and the
Aerospace & Transport markets. In 2012, the company generated revenues
of €14.2 billion (equivalent of $ 18.3 billion CAD) with 67,000
employees in 56 countries. With its 25,000 engineers and researchers,
Thales has a unique capability to design, develop and deploy equipment,
systems and services that meet the most complex security requirements.
Thales has an exceptional international footprint, with operations
around the world working with customers and local partners. www.thalesgroup.com
Thales Canada has 1,300 employees in Quebec City, Montreal, Ottawa,
Toronto and Vancouver. Order intake from Thales operations in Canada
exceeded $570 million (CAD) for 2012, in urban rail systems solutions,
civil avionics, and defence & security technology products and
SOURCE: Thales Canada
For further information:
Conrad Bellehumeur, Vice President External Relations
613 723-7000 ext. 4237021