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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

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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