Thales announces that the European Commission has signed a Grant Agreement to launch the LATACC (Land Tactical Collaborative Combat) project, coordinated by Thales, to improve the cooperative capabilities of European coalition forces.
The LATACC project brings together 34 industrial players and research institutes (including a core team made up of Thales, Rheinmetall, Leonardo, Indra, Saab, ISD and John Cockerill Defense) from 13 European countries.
The project is financed by the European Commission to the tune of €49 million from the European Defense Fund.
'With the return of high-intensity conflicts, the aim of this project is to develop a solution to optimize and accelerate decision-making and response by allied forces in order to guarantee their operational superiority on the battlefield', says Thales.
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Thales is one of the European leaders in manufacturing and marketing of electronic equipment and systems for the defense and security, aerospace, and transportation sectors. Net sales break down by product group as follows:
- defense and security systems (53.4%): C4I defense and security systems (control and monitoring systems, communication, protection, cyber-security, and other systems), defense mission systems, naval systems, electronic war systems, drones, air operation systems (air defense, air surveillance), ground defense systems and missiles;
- aerospace systems (28.4%): avionics equipment (cockpit, cabin multimedia, and simulation equipment), space systems (satellites, payloads, etc.);
- digital identification and security solutions (18.2%).
Besides, the group owns a 35% stake in Naval Group (manufacture of naval equipment for defense and nuclear energy sectors).
Net sales are distributed geographically as follows: France (29.5%), the United Kingdom (6.6%), Europe (24.8%), the United States and Canada (14%), Asia (9.4%), Near and Middle East (6%), Australia and New Zealand (4.4%) and other (5.3%).
THALES 
