French defence and technology group Thales said on Wednesday it started talks to buy French supplier of airborne avionics systems Cobham Aerospace Communications for $1.1 billion.
The logo of Thales Group is seen during a visit at the Thales radar factory in Limours, France, February 1, 2023. REUTERS/Gonzalo Fuentessaid on Wednesday it started talks to buy French supplier of airborne avionics systems Cobham Aerospace Communications for $1.1 billion.
"Thales will establish a game changer in the very attractive and fast-growing communications and connectivity market," Executive Vice-President Avionics, Yannick Assouad, said in a statement.
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