A400M, other charges push Thales into red

By 2011-02-16T09:00:00

Airbus Military A400M cold weather testing

Thales is to report a 2010 operating loss of €100 million ($135 million) after taking a remarkable €700 million charge against its troubled supply contracts for the Airbus Military A400M, Turkish Meltem maritime patrol aircraft and a Danish ticketing project.

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