30 Mar '12, 2pm

Eurofighter Nations Award $2.7B in Typhoon Contracts

LONDON — The four Eurofighter nations have awarded industry contracts worth about 2 billion euros ($2.7 billion) to support the Typhoon fighter over the next five years. The deals will cover logistical and technical support, including mechanisms to continue development work for the combat jet operated by partner nations Britain, Germany, Italy and Spain, as well as export customers Austria and Saudi Arabia. Britain’s BAE Systems and Italy’s Alenia Aermacchi both announced deals for their respective air forces. BAE said it had signed a contract worth 535 million euros while Alenia said its deal was worth more than 500 million euros. EADS Cassidian, which represents German and Spanish industrial interests in Eurofighter, has yet to declare the value of deals with their two national governments. A spokesman for Eurofighter said the total value of the deal to industry was wort...

Full article: http://www.defensenews.com/article/20120330/DEFREG01/3033...

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