|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||82.48 - 83.10|
|52-week range||55.02 - 92.40|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||20.69|
|Forward dividend & yield||1.96 (2.35%)|
|Ex-dividend date||07 Dec 2021|
|1y target est||N/A|
Defence company Thales and Google are partnering to offer state-vetted cloud computing services for the storage of some of France's most sensitive data, the companies said on Wednesday. The alliance between Thales, Europe's largest defence electronics supplier, and the Alphabet unit fulfils a May government plan under which France acknowledged U.S. technological superiority in the field. The French government said then that cloud computing services developed by Google and Microsoft could be used to store France's most sensitive state and corporate data, provided the services were licensed to French companies.
PARIS (Reuters) -French defence group Thales moved swiftly on Thursday to reassure investors its 2021 financial goals remained intact after the reversal of a major French arms deal with Australia. Thales has a 35% stake in French military shipyard Naval Group which was due to supply submarines to Australia in a $40 billion deal jettisoned in favour of a new cooperation pact between the United States, Britain and Australia. "Thales does not expect any material impact of this announcement on the group’s 2021 EBIT (earnings before interest and tax) through Naval Group’s contribution," it said.
Engineering firm Rolls Royce said it will sell its 23.1% shareholding for £189m while defence contractor Babcock is offloading its 15.4% stake for £126m.