Thales acquires Exail for €3.9B, tripling inertial unit output on military demand

Thales has completed a €3.9 billion acquisition of Exail Technologies, a specialist in GPS-free navigation, and plans to double production of inertial units within two years after tripling output since 2022. The deal, which beat rival Safran, underscores surging military demand for navigation systems resilient to GPS jamming. This consolidation strengthens Thales' position in a critical defense technology niche.