Thales confirms wins Airbus plane parts deal

PARIS Tue Jan 22, 2008 11:30am GMT



PARIS Jan 22 (Reuters) - Thales (TCFP.PA) on Tuesday confirmed it had been picked by Airbus EAD.PA to supply avionics and cockpit systems in a deal the defence electronics company sees generating up to 2 billion euros over 20 years.

The statement confirmed details given by Thales Chief Executive Denis Ranque on Monday at a New Year press conference. (Reporting by Marie Maitre)


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.