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2026-07-12latest coverage
Defense & Combatmost-covered category
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Industry & Contracts
Thales Beats Safran to Buy French Underwater-Drone Maker Exail in $4.5 Billion Deal
Thales agreed to buy a 35.5% stake in Exail Technologies at a €3.9 billion ($4.5B) enterprise value, edging out Safran and consolidating France's unmanned mine-warfare and seabed-security drone industry.
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Industry & Contracts
Thales Moves to Swallow Exail in $4.5 Billion Bet on Autonomous Underwater Warfare
Thales signed a binding deal July 6 to buy the Gorge family's 35.5% stake in Exail Technologies at 134 euros a share — a $4.5 billion enterprise value bet on unmanned mine-hunting and undersea autonomy.
