The French government’s recent €5.2 billion (US $5.9 billion) sale of arms to Egypt will bring in close to €1 billion to Thales, an “extra large” deal, Patrice Caine, chairman of the electronics company, said.
Thales’ share of the deal with Egypt is “not far from €1 billion,” he told a press conference on the company’s 2014 financial results. The company expects to seal further deals worth more than €500 million, he said.
Orders worth more than €500 million rank among the “extra large,” while “large” refers to those more than €100 million, he said. […]