Avionics
Thales Bids $1.1B for Cobham Aerospace Communications
Thales and Cobham combined aim to create "connected cockpits" of the future.
Thales research and development center in Paris
(Photo: Cinerama14, via Wikimedia Commons)

Thales plans to acquire Cobham Aerospace Communications for $1.1 billlion, the companies announced on Wednesday. The deal is expected to close in the first half of 2024.

Cobham is projecting revenues of $200 million this year and has operations in France, South Africa, the U.S., Canada, and Denmark. According to Thales, the combination will yield $10 million of annual pre-tax cost savings from “consolidation” and tack on $40 million in additional annual sales beyond the current combined revenues of both companies via market synergies and upselling.