Thales

Thales produces key components for the French nuclear arsenal.

Nuclear Weapons |  Investments (years compared) (2021) (2020) (2019)

Company Profile

Thales is a French-headquartered company engaged in digital identity and security, defence and security, aerospace, space, and transport.1 The French state (25.7%) and aircraft manufacturer Dassault Aviation (24.6%) are the main shareholders of Thales.2 The company is involved in French ASMPA mid-life upgrade and the adaption of the M51 missile adaptation for Frenhc submarines. In the financial year ending 31 December 2021, Thales generated revenues of € 16.2 billion.3

Thales has a 35% shareholding in Naval Group: “Naval Group is a French-law Public Limited Company which, on 31 December 2021, was owned for 62,25% by the French State, 35% by Thales, 1.58% by the Group’s employees and former employees through the company employee mutual fund and 1.17% self-managed.”4

Stock Exchange Listing

NYSE, Euronext: HO

Contact information

Thales Headquarters
Tour Carpe Diem
31 Place des Corolles – CS 20001
92098 Paris La Defense Cedex, France
Phone: +33 (0) 1 57 77 80 00
Website: www.thalesgroup.com
Facebook: www.facebook.com/thalesgroup/
LinkedIn: www.linkedin.com/company/thales
Twitter: twitter.com/thalesgroup
YouTube: www.youtube.com/user/thethalesgroup

Nuclear Weapons

According to the French Ministry of Defence, Thales is one of MBDA’s subcontractors in the French ASMPA mid-life upgrade.5 The ASMPA is a medium-range air-to-ground nuclear armed cruise missile, and part of the French nuclear arsenal.6

As part of Naval group, Thales is also producing key components for the M51 missile adaptation for the French nuclear submarines.7

Investments

Investments compared

Click on the institution to see if and how they've invested in the past. Red indicates a new investor in 2021. Green indicates investors that ended their involvement by 2021.

2022 Investments

2022

InvestorCountryBondholdingLoansShareholdingUnderwritingGrand total
ANZAustralia$163.0$163.0
Banco Bilbao Vizcaya Argentaria (BBVA)Spain$219.2$219.2
BarclaysUnited Kingdom$163.0$163.0
BlackRockUnited States$19.6$202.1$221.7
BNP ParibasFrance$219.2$135.2$354.4
Capital GroupUnited States$237.2$237.2
CitigroupUnited States$163.0$163.0
CommerzbankGermany$219.2$246.1$465.3
Crédit AgricoleFrance$393.3$246.1$639.4
Crédit Mutuel CIC GroupFrance$219.2$246.1$465.3
Deutsche BankGermany$219.2$135.2$354.4
Government Pension Fund GlobalNorway$220.8$220.8
Groupe BPCEFrance$163.0$335.3$246.1$744.4
HSBCUnited Kingdom$219.2$135.2$354.4
JPMorgan ChaseUnited States$219.2$219.2
SantanderSpain$219.2$246.1$465.3
SMBC GroupJapan$163.0$163.0
Société GénéraleFrance$219.2$135.2$354.4
Standard CharteredUnited Kingdom$163.0$163.0
T. Rowe PriceUnited States$425.5$425.5
UniCreditItaly$219.2$135.2$354.4
VanguardUnited States$349.4$349.4
Wellington ManagementUnited States$234.7$234.7
Grand total$19.6$3,563.0$2,005.0$1,906.4$7,494.0
2021 Investments

2021

23 Financial institutions made $8,574 million available in the research period January 2019- January 2021.

All forms of financing meeting the definition of substantive financial relationships are included in the report. This comprises financial institutions participating in loans and underwriting deals since 1 January 2019, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2020. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2020 Investments

2020

20 Financial institutions made $6,239.3 million available in the research period January 2018-2020.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2018, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2019. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

2019 Investments

2019

28 Financial institutions made $21,082 million available in the research period January 2017-2019.

This comprises financial institutions participating in loans and underwriting deals since 1 January 2017, as well as those involved in loans which have been closed before that date but have not yet matured before 1 October 2018. For (managing) investments in shares or bonds of arms companies, a group-level threshold of at least 0.5% of the outstanding shares or bonds at most recent filing dates is applied per financial institution.

Last updated: 2023-07-06 14:58:51

Notes

  1. About Thales (2022) | Thales Group. Available at: https://www.thalesgroup.com/en/global/group.
  2. Ibid. (Accessed: 11 August 2022).
  3. ‘Integrated Report. Corporate Responsibility 2021-2022’, Thales (2022), p. 48. Available at: https://www.thalesgroup.com/sites/default/files/database/document/2022-06/Thales_IntegratedReport_0.pdf.
  4. Governance (2020) | Naval Group. Available at: https://www.naval-group.com/en/governance-26.
  5. ‘Budget Général. Programme 146. Projets Annuels de Performances. Annexe au Projet de Loi de Finances pour 2023: Équipement Des Forces’ (2023), RÉPUBLIQUE FRANÇAISE, p. 29. Available at: https://www.budget.gouv.fr/index.php/documentation/documents-budgetaires/exercice-2023/projet-de-loi-de-finances/budget-general/defense.
  6. ASMPA (2022) | MBDA Missile Systems. Available at: https://www.mbda-systems.com/product/asmpa/.
  7. ‘Budget Général. Programme 146. Projets Annuels de Performances. Annexe au Projet de Loi de Finances pour 2023: Équipement Des Forces’ (2023), RÉPUBLIQUE FRANÇAISE, p. 28. Available at: https://www.budget.gouv.fr/index.php/documentation/documents-budgetaires/exercice-2023/projet-de-loi-de-finances/budget-general/defense.