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Thales is to relocate its Surrey-based electronic systems business to a 111,000 sq ft office at Green Park in Reading.

Thales has won a £48m Ministry of Defence contract to manufacture the Lightweight Multirole Missile, which will secure 60 jobs at its site in Belfast.

Thales has acquired XPI Simulation, the London-based driving simulation technology firm.

Thales is reported to be considering five potential sites near the M3 for a new 200,000 sq ft headquarters, in order to transfer staff from London and Reading.

Thales UK is to sell its fixed-wing aircraft simulator production division to L-3 Communications of the US for £83m, with the transfer of 400 staff in Crawley.

Thales Air Defence is to create 40 jobs in Belfast, having won a £200m contract to supply a missile system to the Ministry of Defence.

Thales UK is planning to double the 120-strong staff at its new £10m data centre at Doncaster Lakeside.

Thales is looking into the possibility of using the Nigg yard on the Cromarty Firth to build aircraft carriers, should it be chosen as prime contractor for the £2.5bn contract.

Thales has sold its Somerset-based fisheries vessel monitoring systems business to a management buy-out under the name of BlueFinger.

Thales has sold Racal Instruments, the manufacturer of aerospace and defence test systems, to a consortium of US venture capitalists led by JF Lehman for £85m.