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March 06, 2016 5:11 PM ET

Aerospace and Defense

Company Overview of Samsung Thales Co., Ltd.

Company Overview

Samsung Thales Co., Ltd. engages in the design and development of digital defense technologies and systems in South Korea. Its products include land C2 systems comprising fire control systems; electro-optical tracking systems; command, control, and communication systems; radars; naval combat management systems; avionics/electronic warfare systems; and combat systems. The company was formerly known as Samsung Thomson-CSF Co., Ltd. and changed its name to Samsung Thales Co., Ltd. in 2001. Samsung Thales Co., Ltd. was founded in 1978 and is based in Seongnam, South Korea.

N-Building, H Square

8-9 Floors

235, Pangyoyeok-ro

Bundang-gu

Seongnam,  463-400

South Korea

Founded in 1978

Key Executives for Samsung Thales Co., Ltd.

Chief Executive Officer
President
Compensation as of Fiscal Year 2015.

Samsung Thales Co., Ltd. Key Developments

Thales To Sell 50% Stake In Samsung Thales

Thales SA (ENXTPA:HO) is planning to sell of 50% stake in Samsung Thales Co., Ltd. to Hanwha Corp. (KOSE:A000880). A source familiar with the matter states, "An official announcement is imminent as their talks are being finalized."

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