Thales UK to sell simulator arm for £83m

BBC News - 4/15/2012

Thales UK is to sell its fixed-wing aircraft simulator production business and an aircrew training centre in Bangkok, Thailand. The company said all 400 West Sussex staff employed in civil aircraft training and simulation work would be transferred to L-3 Communications. The sale is expected to be completed during the summer. Consultation has started with the staff affected. Thales UK employs 2,500 people in Crawley, including the 400 staff in the business being sold.

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