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 ...
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