Failed Zodiac bid could trigger new Safran-Thales square-off
Could an unsuccessful bid for Zodiac Aerospace by Safran be the start of a renewed struggle with Thales for dominance in the French aircraft systems sector? Some analysts think so. Safran indicated last week that its CEO, Jean-Paul Herteman, had written a letter to Zodiac, a Paris-based cabin/safety equipment and electrical system specialist, proposing that the two companies examine combining their activities. Safran earlier broke off talks with Thales about pooling their avionics and ...
ACCESS THIS PREMIUM CONTENT
"Spurned Offer Fails To Dampen Safranâ€™s Ardor" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…