Thales signs submarine partnering arrangement
25 March 2009
This arrangement provides a commitment between the companies to cooperate on future submarine programmes. The aim of both parties is that the PPA will significantly contribute to providing an affordable and sustainable common combat system across the UK's submarine flotilla.
Under the PPA, Thales will be the preferred contractor for submarine sonar work in support of BAE Systems' submarine build and combat system design work. This will include providing sonar functional integration services for BAE Systems. Thales will also continue to be a key contributor to the combat system Design Evolution Team managed by BAE Systems on behalf of the UK Ministry of Defence.
This commitment requires Thales to achieve a certain level of performance based on time, cost, quality and other factors. It is anticipated that continuing high-performance by Thales's underwater systems business in the UK will lead to further new business success in the future.
Ed Lowe, Managing Director of Thales UK's naval business, says: "This agreement is a very positive factor in the ongoing and close working with BAE Systems. It under¬pins the two companies' long-term relationship and is significant for Thales's underwater systems business in the global maritime defence market.
"It highlights Thales position as a leading contractor to the submarine service. We look forward to supporting this key arrangement and delivering future successes together."
Jon Sayer, Director Combat Systems & Support, BAE Systems, says: "The performance of UK sonar technology, and of Sonar 2076 in particular, is world-leading. BAE Systems are very pleased to enter into this agreement to sustain the supply of this capability into the submarines we design and build - today and in the future."
Captain Pat O'Neill, Royal Navy, the Combat System Group Leader in the Submarines Cluster of the Defence Equipment & Support (DE&S) organisation, says: "This Partnering arrangement is very welcome. It recognises the ongoing contribution of Thales to the Royal Navy's submarine sonar programme, which is delivering world-class performance at sea".
"It provides a framework for the overall UK Submarine 'Combat System Enterprise', including front-line forces, DE&S and industry, to benefit from ongoing relationships."
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About Thales and Thales UK
Thales is a leading international electronics and systems group, addressing Aerospace and Space, Defence and Security markets worldwide. The Group's civil and military businesses develop in parallel and share a common base of technologies to serve a single objective: the security of people, property and nations. Thales's leading-edge technology is supported by 22,500 R&D engineers who offer a capability unmatched in Europe to develop and deploy field-proven mission-critical information systems. The Group builds its growth on its unique multidomestic strategy based on trusted partnerships with national customers and market players, while leveraging its global expertise to support local technology and industrial development. Thales employs 68,000 people in 50 countries with 2008 revenues of £10.2 billion.
Thales UK employs 9,000 staff based at more than 50 locations. In 2008, Thales UK's revenues were over £1.4 bn.
Press contacts:
Thales UK
Kathryn Bell
Mob: +44 7813 903274
Email: kathryn.bell@thalesgroup.com
Thales UK, Naval
Adrian Rondel
Mob: +44 7971 414052
Email: adrian.rondel@uk.thalesgroup.com
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