Thales stock gets US Navy mine-hunting order
Published on 11/05/2026 at 11:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSOrder expands underwater defense exposure
- Advanced Acoustic Concepts will deliver two remote mine-hunting modules and engineering support to the US Navy.
- Options could increase the contract's total cumulative value to USD 196.2 million.
- The system combines sonar, software and remotely operated vehicle technology to detect and classify underwater mines from stand-off distances.
Thales' US subsidiary Advanced Acoustic Concepts has won a USD 53.9 million contract from the US Navy for two remote mine-hunting modules and engineering support, according to Reuters. The award was reported on Monday, November 2, and adds another order to Thales' underwater-defense portfolio.
The contract covers two Remote Mine Hunting modules and related engineering work. Options for additional modules could raise the total cumulative contract value to USD 196.2 million, Reuters reported, giving the initial award a potentially broader long-term scope.
Technology targets safer mine operations
The Remote Mine Hunting system is designed to let sailors detect, locate and classify underwater mines remotely from stand-off distances. The solution combines sonar, mission-management software and remotely operated vehicle technology for the Navy's mine-countermeasures mission.
Advanced Acoustic Concepts is a US-based provider of undersea-warfare solutions and operates as a Thales subsidiary. The order therefore strengthens Thales' exposure to defense programs that combine autonomous or remotely operated platforms with sensors and software.
Thales stock traded at 226.40 euros on Lang & Schwarz at 11:15 CET on Thursday, November 5, 2026. Investors can follow the real-time quote of Thales stock for the latest market indication.
Thales stock at a glance
- Company: Thales S.A.
- ISIN: FR0000121329
- Trading venue: Lang & Schwarz
- Quote: 226.40 euros at 11:15 CET on November 5, 2026
French equities were tracked through the CAC 40 market overview as investors assessed the latest defense-sector orders.
Further order options, delivery milestones and the contribution to Thales' broader defense backlog remain the next points for investors to monitor. More news and analyses on Thales stock.
