# Who does Thales pay? Who are its key suppliers?
Canonical: https://valuechain.wiki/thales · Facet: suppliers · Updated: 2026-07-12T04:14:15.994+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Thales discloses no named confirmed suppliers/cost counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 cost edges, backed by 1 dated sources, 1 of them primary filings (as of 2026-07-12).

### Leonardo (high)  → /leonardo.md
- metric: Market share 67% · 현재 · Thales stake in Thales Alenia Space
- note: Thales and Leonardo jointly own the 'Space Alliance': satellite maker Thales Alenia Space (Thales 67%, Leonardo 33%) and services firm Telespazio (Leonardo 67%, Thales 33%). The two are also the other legs of the Bromo merger.
- [confirms] Thales Alenia Space (EN, ir, published 2026-07-05) https://www.thalesaleniaspace.com/en/space-alliance: "The Space Alliance combines two joint ventures, Telespazio (Leonardo 67%, Thales 33%) and Thales Alenia Space (Thales 67%, Leonardo 33%)."

### Airbus (high)  → /airbus.md
- metric: Market share 32.5% · 2025-10 MoU · Bromo JV stake (Thales share)
- note: Project Bromo: in October 2025 Thales signed an MoU with Airbus and Leonardo to combine space activities into a leading European space player, split Airbus 35%, Thales 32.5%, Leonardo 32.5%, targeting operations in 2027.
- [confirms] Global Economic (KO, news, published 2026-06-24) https://www.g-enews.com/article/Global-Biz/2026/06/2026062323283995489a1f309431_1: "Airbus, Thales and Leonardo agreed the satellite merger code-named 'Bromo' last October, with EU approval now in progress."
- [confirms] Thales (EN, filing, published 2026-03-03) https://www.thalesgroup.com/sites/default/files/2026-03/Thales%20_-_FY_2025_-_Slideshow_-%20_03_March_2026_1.pdf: "MoU with Airbus and Leonardo to create a new European space company across the space value chain excluding launchers: €6.5bn revenue (2024 pro-forma), 25k+ employees, Airbus 35%, Thales 32.5%, Leonardo 32.5%, target operational launch 2027."

### 반도체·전자부품 공급 바스켓 (비공개) (mid)
- note: Thales sources semiconductors and electronic components for radar, avionics, missile electronics and cyber products. Individual suppliers and amounts are not disclosed.
- [mentions] Thales (EN, filing, published 2026-03-03) https://www.thalesgroup.com/sites/default/files/2026-03/Thales%20_-_FY_2025_-_Slideshow_-%20_03_March_2026_1.pdf: "Thales builds electronics-intensive products such as radar, avionics and missile seekers, relying on procurement of semiconductors and electronic components."

### 방산 하도급·소재 공급 바스켓 (비공개) (mid)
- note: Thales spends on defence and space program subcontractors and materials supply. Individual details are not disclosed.
- [mentions] Thales (EN, filing, published 2026-03-03) https://www.thalesgroup.com/sites/default/files/2026-03/Thales%20_-_FY_2025_-_Slideshow_-%20_03_March_2026_1.pdf: "Thales states it is ramping up production capacity and supporting its suppliers' ramp-up in Defence."

Reverse side: https://valuechain.wiki/thales/customers.md · Ripple: https://valuechain.wiki/thales/ripple.md

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Full node: https://valuechain.wiki/thales.md · JSON: https://valuechain.wiki/thales.json