Thales Group is a French multinational company that designs and builds electrical systems and provides services for the aerospace, defence, transportation and security markets. The headquarters are in Neuilly-sur-Seine, and its stock is listed on the Euronext Paris.
The company changed its name to Thales from Thomson-CSF in December 2000 shortly after the Â£1,300 million acquisition of Racal Electronics plc, a UK defence electronics group. It is partially state-owned by the French State, and has operations in more than 50 countries. It has 68,000 employees and generated â‚¬13.03 billion in revenues in 2011. The Group is ranked as the 475th largest company by Fortune 500 Global, is the 11th largest defence contractor in the world and 60% of its total sales are military sales.
The CEO is Jean-Bernard LÃ©vy since December 2012.