Type Division Key people Patrice Caine Founded 1888 Parent organizations Thales Group, Thales UK | Industry Defence Headquarters Paris, France Key person Thales Group | |
Traded as FTSE 100 Thales SA (HO.PA) Subsidiaries Thales Optronics Limited
Thales Optronique SA
Thales Optronics B.V. Website | ||
Thales Optronics is a multinational optronics manufacturer and a division of Thales Group. It has three main subsidiaries: the United Kingdom-based Thales Optronics Limited, the France-based Thales Optronique SA and the Netherlands-based Thales Optronics B.V.
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History
Thales' optronics businesses in the UK trace their origins to Pilkington Optronics, which was formed by Pilkington plc in 1988 to take control of the company's optronics businesses: Pilkington PE located in North Wales(formed in 1966) and Barr and Stroud, which was based in Glasgow. Pilkington PE later became Thales Optics Ltd., which was divested from Thales in December 2005 as Qioptiq Ltd.
In 1991 Thomson-CSF acquired 50% of Pilkington Optronics. In 1995 Pilkington Optronics acquired Thorn EMI Electro Optics which was renamed Pilkington Thorn Optronics. Three years later, Thomson-CSF purchased another 40% of Pilkington Optronics from Pilkington and the remainder in 2000 to make it a wholly owned subsidiary. In 2000 Thomson-CSF was renamed Thales and Pilkington Optronics Ltd. became Thales Optronics Ltd. Soon after, Thomson-CSF acquired W Vinten Ltd, a British reconnaissance equipment manufacturer, including the Joint Reconnaissance Pod, who now operate as Thales Optronics (Bury St Edmunds) Ltd.
In November 2006 Thales Optronics Limited announced the closure of its manufacturing facility in Taunton, Somerset, with the loss of 180 jobs. In June 2007 Thales sold the beryllium mirrors and structures business of Thales Optronics Limited to GSI Group Inc. for an undislosed amount.
Thales Optronics Limited was awarded the Queen's Award for Enterprise in June 2011.
United Kingdom
Thales Optronics Limited has its headquarters and main production facility in Glasgow, where it employs around 630 people. Its principal activity is the design, development and manufacture of infra-red cameras, laser range-finders, and television cameras for use in airborne reconnaissance systems, armoured vehicle sighting systems, submarine periscopes and target locators.
In 2011 Thales Optronics Limited generated total revenues of £229 million (2010 - £212 million) and profits of £24.4 million (2010 - £14 million).