Thales set to win 1 billion euro London Underground contract - La Tribune

Reuters

Updated 28 July 2015 at 2:47 am

Thales CEO Patrice Caine (R) shows French Economy Minister Emmanuel Macron a Thales Watchkeeper Drone he visits the 51st Paris Air Show at Le Bourget airport near Paris, June 20, 2015. REUTERS/Pascal Rossignol

PARIS (Reuters) - French defence and electronics group Thales is set to announce a contract worth about one billion euros (710 million pounds) to modernise four London Underground lines, French news website La Tribune reported on Tuesday.

Talks have been underway for 18 months with the London Underground since it ended a contract with Canadian group Bombardier in 2013, La Tribune said.

Thales declined to comment when contacted by Reuters about the report.

(Reporting by Alexandre Boksenbaum-Granier; Writing by Leigh Thomas; Editing by Andrew Callus)

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