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Thales Canada posts strong 2011 results

Feb. 9, 2012, Toronto - Thales Canada,  a significant manufacturer and supplier of  safety and mission critical systems to the Defence, Aerospace and Transportation sectors in Canada and internationally, is pleased to report that 2011 contract awards amounted to half a billion dollars.


February 9, 2012
By Carey Fredericks

“Selling big ticket items last year was not easy in a very challenging market, but we managed to keep our order books full and sustain a high employment level. That’s a significant achievement,” said Paul Kahn, President and CEO of Thales Canada. “Our 1300 employees, spread out across Canada, did an exceptional job producing solutions for our customers. We won our first transportation signalling contract in Brazil opening the door to many more opportunities in that country, and we made a big step forward in Asia – a joint venture agreement with a large Chinese company enhancing our ability to expand our transportation business in China. 

“Equally exciting,” Kahn said, “was the selection of our shipbuilding partner, Seaspan, for one of the two National Shipbuilding Procurement Strategy contracts, plus the integrated, command and control system work we booked with the Defence Department and Canadian Coast Guard, which establishes Thales Canada as the de facto integrator for the Coast Guard.

“And last but far from least,” he added, “our Montreal based Defence Optronics business saw its order intake soar following DND’s order of Thermal Imaging Modules and Driver Vision Enhancement Equipment that will improve the vision of our soldiers in the field at night and in adverse weather conditions, significantly improving their security and mobility.

“We are optimistic for 2012, especially in the international urban rail signalling market,” Kahn added.

Thales Canada 2011 awards and milestones:

Transportation

Secured a communications-based train control (CBTC) project in Brazil – the São Paulo Line 17 Monorail. The line will be a driver-less system using Thales’ world-leading SelTrac® CBTC. The system will be fully automated with added features of a fully automated yard and coupling/uncoupling capability.
Awarded the contract to provide a SelTrac® signaling solution for the Hong Kong Airport automated people mover.
Completed signalling solutions for the last phase of Mecca’s new 18.5 km metro line in time for the Hajj pilgrimage, and Dubai’s Green Line, consolidating Thales’ presence in the Middle East transportation market. .

· Formed a joint venture with Shanghai Electric Corporation and Shanghai Automation Company to form Thales – SAIC Transport System Limited, dedicated to offering transportation solutions to the local China market

· Awarded Edmonton’s North Light Rail Transit (LRT) extension and upgrade program. Thales will provide its SelTrac® Communications-Based Train Control (CBTC) solution. The North LRT is scheduled to open to public service in April 2014.

· Awarded a contract by  Société de transport de Montréal (STM) for a new high performance Broadband Radio Network to be completed in November 2013

· Entry into revenue service of Korea’s driver-less Busan-Gimhae and Sin Bundang metros.

Defense and Security

· Continued to deliver on the multi-year software development and support contract for Army & Joint command and control system

· Department of National Defence and the Canadian Coast Guard Interdepartmental Maritime Integrated Command, Control and Communications (IMC3) project to integrate DND and CCG assets

· DND’s additional order to supply over 1200 units of advanced Thermal Imaging Modules  and Driver Vision Enhancement  equipment, and equip 200 vehicles with Crew Vision Enhancement equipment

· Supported Seaspan Shipyard in the winning of the contract to provide non-combat vessels for the Royal Canadian Navy and the Canadian Coast Guard. Thales Canada will be the Electronic Systems Integrator

Avionics

Provided flight control systems for 43 Bombardier business aircraft, and received the 2011 Bombardier Achieving Supplier Excellence (BASE) award in recognition of high quality, delivery and competitiveness standards.