
Thales Acquires Exail Technologies for €3.9 Billion, While Fincantieri Deploys €600 Million in Underwater Drone Push
French defense technology group Thales has agreed to acquire underwater drone maker Exail Technologies at a €3.9 billion (approximately $4.5 billion) enterprise valuation, outbidding rival Safran with a per-share offer of €134 — a 44% premium. Simultaneously, Italian shipbuilder Fincantieri announced €600 million in acquisitions across four maritime unmanned and underwater engineering firms, accelerating consolidation in Europe's underwater defense market.
Source: Defense News - Unmanned










