Thomson-CSF reorganises in UK

French defence giant Thomson-CSF is to reorganise its UK activities following its acquisition of Racal Electronics. A new subsidiary called Thomson Racal Defence will combine Racal’s defence activities with existing Thomson-CSF defence subsidiaries in the UK, including Shorts Missile Systems. Thomson says a listing on the London stock exchange could follow. Copyright: Centaur Communications Ltd. […]

French defence giant Thomson-CSF is to reorganise its UK activities following its acquisition of Racal Electronics. A new subsidiary called Thomson Racal Defence will combine Racal’s defence activities with existing Thomson-CSF defence subsidiaries in the UK, including Shorts Missile Systems. Thomson says a listing on the London stock exchange could follow.

Copyright: Centaur Communications Ltd. and licensors