©Thales
“The expansion of the 70 mm rocket production line responds to rapidly growing international demand, as well as to the needs of Defense, due to a worrying global security situation. In the face of today’s geopolitical challenges, this initiative contributes to strengthening Belgium’s strategic autonomy and guaranteeing peace and security in Europe. Thales’ s choice of Belgium for this expansion reinforces the R&D cooperation agreement signed with the Ministry of Defense in November 2023. It also highlights the exceptional skills of Walloon workers in the field of precision technologies. This inauguration perfectly illustrates my commitment to Defense, industry, and our country’s economy in the service of our national and international security”, Statement by Ludivine Dedonder, Minister of Defense.
“The geopolitical context in which we live today forces us to review our priorities and adapt. I would like to underline the involvement of Thales Belgium, which is responding to the needs expressed by the European armed forces. With this new production line, Thales Belgium will increase its production capacity of 70mm rockets by a factor of 5 between now and 2025. When it comes to defense, Wallonia’s potential is unquestionable. We need to step up collaboration between the federal government and Wallonia to position Walloon industry as effectively as possible in defense markets, as well as in European and NATO programs”, Willy Borsus, Vice-President of Wallonia and Minister for the Economy, Research and Innovation.
“The inauguration of this new production line at the Thales site in Herstal demonstrates the Group’s commitment to constant innovation and investment in strategic production capacities for Europe. Supported by the Belgian government and the European Commission as part of its Act in Support of Ammunition Production (ASAP), Thales Belgium is making its expertise as European leader in 70mm rocket systems available to the European armed forces”, said Hervé Dammann, Executive Vice President, Land and Air Systems, Thales.
About Thales
Thales (Euronext Paris: HO) is a global leader in advanced technologies specialized in three business domains: Defence & Security, Aeronautics & Space, and Cybersecurity & Digital identity.
It develops products and solutions that help make the world safer, greener and more inclusive.
The Group invests close to €4 billion a year in Research & Development, particularly in key innovation areas such as AI, cybersecurity, quantum technologies, cloud technologies and 6G.
Thales has close to 81,000 employees in 68 countries. In 2023, the Group generated sales of €18.4 billion.
About Thales Belgium
Thales Belgium, a subsidiary of the Thales Group, has operated in Belgium for over 50 years, serving three core markets — Defence & Security, Aeronautics & Space and Digital Identity & Security — and developing products and solutions that help make the world safer, greener and more inclusive.
Thales employs over 1,200 people in Belgium at nine sites (Herstal, Tubize, Brussels, Charleroi, Hasselt, Leuven, Zaventem and Hasselt). Thales Belgium consistently contributes to the country’s research and development programmes, in particular in key sectors of innovation such as quantum technologies, edge computing, 6G and cybersecurity.
Source link : https://www.thalesgroup.com/en/worldwide/defence-and-security/press_release/thales-ramps-rocket-production-its-herstal-site
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Publish date : 2024-07-01 07:00:00
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