Raytheon, Thales announce changes to joint venture

Top Priority Sector: military_force_protectionWALTHAM, MA July 1, 2016 Raytheon Company (NYSE:RTN) and Thales (Euronext Paris: HO) have reached an agreement and concluded the transaction to transition the stakeholder positions they each hold in the ThalesRaytheonSystems joint venture structure – TRS LLC US Operations and TRS SAS French Operations.The ThalesRaytheonSystems joint venture has been restructured to focus solely on NATO agencies and NATO member nations for the delivery of t