US military hands Thales multi-billion dollar deal

19th June 2007, Comments 0 comments

WASHINGTON, June 19, 2007 (AFP) - The French electronics giant Thales has won a contract worth 3.5 billion dollars to supply hand-held radios to the US military, the Defense Department said Tuesday, in a massive deal that could soar to nine billion dollars.

WASHINGTON, June 19, 2007 (AFP) - The French electronics giant Thales has won a contract worth 3.5 billion dollars to supply hand-held radios to the US military, the Defense Department said Tuesday, in a massive deal that could soar to nine billion dollars.

The single-channel radios will be made in Clarksburg, Maryland, and available by June 2008 under the deal, which will enable the devices to be used by the military as well as other government personnel, it said in a statement.

The contract includes options for extra orders which, if exercised, would bring the total value of the deal to nine billion dollars.

Another company, the Harris Corporation based in the state of New York, won a similar contract with the Pentagon, worth 2.7 billion dollars with options to boost the deal to nearly seven billion.


Copyright AFP

Subject: French News

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