Eurenco news
EURENCO and Thales sign a strategic partnership agreement to 2030
EUROSATORY, Parc des Expositions Paris-Villepinte, June 18, 2024 – EURENCO and Thales have strengthened their collaboration and signed a strategic partnership agreement aimed at ensuring the security of supply of energy materials and key components for both companies’ programs. This strategic partnership agreement secures the partners’ commitment to order and supply agreed volumes of energy materials over a period of more than five years.
As part of this alliance:
- Thales will be able to place orders for powders and specialized compositions produced by EURENCO to propel guided and unguided munitions.
- EURENCO will be able to order trinitrotoluene (TNT) and hexogen explosive (RDX), produced by Thales, to meet the growing needs of the high-performance explosives market.
The agreement also provides a framework for identifying mutually beneficial opportunities.
PRESS CONTACT
Benjamin GAUTIER
+33 (0)6 77569209
b.gautier@eurenco.com
This alliance is a major step forward for both our companies. It testifies not only to our mutual trust, but also to our shared commitment to effectively meeting our customers’ expectations and the evolving needs of global defense in the face of new threats.
This agreement, which has been in the pipeline for several months, marks a strategic rapprochement between Eurenco and Thales to ensure the security of our respective supplies. By leveraging the complementary nature of our energetic materials production activities on a European and global basis, it enables Thales to guarantee our customers our ability to contribute to their sovereignty programs in the field of guided and unguided munitions.
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