Thales, a global provider of advanced technologies, agreed to acquire the simulation & training business of RUAG, a technology company with a focus on aerospace. Financial terms were not disclosed. “We are delighted to welcome the RUAG Simulation & Training staff. Together with Thales teams they will bring further expertise in the training and simulation field for land forces. The training and simulation market is growing and increasingly digital. Greater use of simulation from concept definition to operations increases effectiveness and helps live training to address cost and environmental challenges. With this project, Thales strengthens the digitization and European footprint of its Training & Simulation activity to support its customers’ ambitions in an ever more complex world,” Yannick Assouad, Thales Executive Vice President Avionics.