08 April 2020

Thales Presents Covid-19 Strategy | Boeing Tapped For F-15 Qatar Program | HMS Portland Fitted With Sonar 2150 Hull-Mounted Medium-Frequency Sonar

defenseindustrydaily.com

AmericasThales announced a series of measures to deal with the Covid-19 crisis, which include: significant reduction in discretionary spending; strengthening of actions to control working capital requirements; deferral of non-critical investments; maintaining the continuity of critical and strategic client services; and paid leave during the lockdown period, sharp reduction of temporary work. “This crisis is currently seriously disrupting production chains and project execution,” Patrice Caine, [...]