Farnborough, UK and Arlington, VA | July 11, 2016– Thales is pleased to announce a significant economic growth initiative in the State of Florida. This includes the targeted creation of 500 net-new jobs and a capital investment of greater than $20 million in the state over the next five years.

This supports the growth of the Thales’ InFlyt Experience business in central-Florida with the development of a 100-120 thousand sq. ft. facility in Brevard County and future expansion mandates for facilities in Orlando.

“Florida is the best place in the nation for aerospace and aviation companies to grow and succeed. It is great to announce that Thales chose Florida to expand and create 500 new jobs on our Space Coast at the Farnborough International Air Show today. I look forward to seeing their continued success,” said Florida Governor Rick Scott.

Thales’ constant investment in research and development (R&D) activities demands a sophisticated workforce. This local growth plan will help Thales further enhance its workforce to meet the R&D demands of a highly competitive technology-driven business environment. Together with a smart capital investment plan Thales will strengthen its R&D activities in the state to further develop cutting-edge passenger experience capabilities for today’s flying public.

Thales maintains a strong focus on the U.S. for the company’s global growth agenda and its historical investment record in the State of Florida is evidence of this long-term commitment to growth.

Announced earlier this year, Thales’ Plantation, Fla. based cybersecurity business successfully completed the acquisition of silicon-valley based Vormetric Solutions to enhance and expand its data protection and encryption offering. In 2014, Thales acquired a Florida-based in-flight connectivity company, marking the first major expansion of its InFlyt Experience business in the state.

Thales is proud to work with collaborative partners, such as the State of Florida, that help the company support a pro-growth agenda and drive digitally transformative technologies for is customers.