:

Business/Financial

Thales Completes $5 Billion Acquisition Of Gemalto

By Cal Biesecker

Tuesday, April 2nd, 2019

SHARE:

Thales Completes $5 Billion Acquisition Of Gemalto

Gemalto brings a wide range of identity management and related software capabilities to Thales. Image: Thales

France’s Thales Group on Monday said it has completed its $5.4 billion acquisition of Netherlands-based Gemalto, a deal which accelerates its strategy around digital technologies and data security and expands its footprint in the U.S. Thales said the acquisition positions it along the entire digital decision chain, from data generated by sensors to real-time decision support. Gemalto adds about 2,000 employees in the U.S., bumping Thales to more than 5,000 employees in 22 states. The deal was first announced in…

Congress

Baldwin Concerned With Army’s JLTV ‘Mismanagement,’ Seeks Support For Marines’ Procurement Plans

Sen. Tammy Baldwin (D-Wis.) has raised concerns with the “Army’s mismanagement” of the Joint Light Tactical Vehicle (JLTV) program, and is seeking assurance that the Marine Corps can be supported […]

Congress

SASC Cites Concern With Army’s sUAS Approach, Seeks Info On Plans To Scale Fielding

Senate defense authorizers are seeking more info from the Army on its plans for scaling and deploying small drone capabilities citing concern with the service’s current “fragmented and insufficient” approach. […]

SASC Bill Would Raise Amphib Requirement To 33 Ships

The Senate Armed Services Committee’s (SASC) fiscal year 2027 defense policy bill adds new provisions that would raise the Navy and Marine Corps’ minimum requirement for amphibious warships and extend […]

Army

Army Plans To Initiate ISV-Heavy Competition Later This Year, Official Says

The Army is planning to initiate its competition to build the Infantry Squad Vehicle (ISV)-Heavy in the fourth quarter of this year, a senior acquisition official has said. Jesse Tolleson, […]