Recherche

This major step is aimed at the constitution of a consolidated European naval defence industry in which DCN and Thales will have a major role to play. The agreement also approves the acquisition by Thales of a 25% stake in DCN.

DCN has acquired the totality of Thales's naval activities in France (excluding its equipment activities) and is now the sole shareholder of Armaris and MOPA2, the prime contractor for France's PA2 aircraft carrier programme.

Simultaneously, Thales has acquired a 25% stake in DCN alongside the French government, which retains a 75 % stake. Thales becomes "the industrial shareholding partner" of DCN and the terms of governance allow Thales to play an active role on the Board of Directors to support the development of DCN. Jean-Georges Malcor and Patrice are representing Thales at this Board.

There will also be the possibility for Thales to increase its stake in DCN to 35% over the next two years.

This collaboration brings about synergies, in particular in the industrial and commercial fields as well as in upstream R&D sectors. It will strengthen the competitiveness of DCN's offer to its customers, including its development on the international market. This phase is now operational. A new organization is being implemented by DCN, ensuring the optimal integration of the teams that will join the group.

The approximate pro forma turnover for 2006 of DCN in its new perimeter is close to 3 billion euros with an order book superior to 10 billion euros and a workforce of 13 300 persons.