Thales has acquired Orbital Sciences' Magellan and NavSol units

Edited by David Rimmer July 01, 2001
Thales has acquired Orbital Sciences' Magellan and NavSol units for an estimated $70 million. Paris-based Thales says the acquisition will help expand its presence in the growing GPS market, which is expected to see a 20-percent annual growth rate. Another benefit of the deal, according to Thales...

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