Eurofighter GmbH

Industry welcomes UK Decision on Tranche 3 Agreement

    Hallbergmoos (ots) - The  Eurofighter  consortium  welcomes today's decision of the United Kingdom to participate  in  the  third production tranche of Eurofighter Typhoon. The UK is the last  member of the four nations Eurofighter  consortium  that  have  confirmed  a final draft contract, negotiated between  the  industrial  consortium and  the  NATO    Eurofighter    Tornado    Management    Agency    NETMA. Finalisation of this contractual document will now be implemented  by Eurofighter GmbH and NETMA and will address significant  through-life savings as expected by the partner  nations.  Signature  is  expected before the summer break.

    Enzo Casolini, Eurofighter GmbH CEO, commented: "The  agreement   that the UK  have  confirmed  today  sends  a  clear  signal  of   customer commitment. The funding put forward by the four  partner   nations  in this programme provides to the nations important capabilities  and  a strong trade balance  bonus.  When  I  speak   about  returns  I  mean tangibles ones, like the invaluable   capabilities  developed  by  the partner companies through technology transfer  and  the  spin-off  we guarantee to other industrial sectors. I also recognise the  security of work and the growth in knowledge and in education for many  within Europe. This agreement - Casolini says - will strengthen Eurofighter  Typhoon leading position in the market."

    The overall value of  contract  under  negotiation  will  be  in   the region of E8 billion.

    The authorisation for Tranche  3  production  and  capabilities   will have a tremendous effect  on  the  export  potential  of   Eurofighter Typhoon. Having already secured two export contracts with Austria  in 2003 and the  Kingdom  of  Saudi  Arabia  in  2007,  the Eurofighter partner companies are actively  pursuing  campaigns  in   Switzerland, India,  Japan,  Romania,  Greece,  Turkey  and     exploring    possible opportunities  in  Bulgaria  and  Croatia.  With the  production  of Eurofighter Typhoon now being confirmed until the later part  of  the next decade and the  agreed  new  capabilities,   Eurofighter  Typhoon confirms  itself  as  the  most  advanced  real multirole    fighters available on the market.

    Background information: Eurofighter Typhoon is the world's most advanced new generation  real multi-role/swing-role combat aircraft available  on  the  market  and has been ordered  by  six  nations   (Germany,  Italy,  Spain,  United Kingdom, Austria and the Kingdom of Saudi Arabia). With 707  aircraft under  contract,  it  is  Europe's largest  military    collaborative programme  and  delivers     leading-edge    technology,    strengthening Europe's aerospace industry in  the  global  competition.  More  than 100,000  jobs  in 400  companies  are  secured  by  the    programme. Eurofighter Jagdflugzeug GmbH manages the programme on behalf of  the Eurofighter Partner  Companies:  Alenia  Finmeccanica,  BAE  Systems, EADS  CASA and  EADS  Deutschland,    Europe's    foremost    aerospace companies with a total turnover of approx. E88 billion (2008).

    High Resolution images of the Eurofighter Typhoon can  be   downloaded from our web site: www.eurofighter.com/medialibrary

    Blog: www.eurofighter.com/po_bl.asp


ots Originaltext: Eurofighter GmbH
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Pressekontakt:

For More Information contact:
Marco Valerio Bonelli Head of PR & Communications Tel.: +49 811 80
1555 Fax: +49 811 80 1557 Mobile: +49 172 842 6017 mail:
marco-valerio.bonelli@eurofighter.com

Kathryn Coates External Communications Tel:  +49 (0)811 80 1587 Mob:
+49 (0)172 88 12110 Fax: +49 (0)811 80 1557 Mail:  
Kathryn.Coates@Eurofighter.com



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