|
Upper Levels
|
EADS CASA signs contract to supply Maritime Patrol Aircraft to the U.S. Coast GuardMadrid, Spain, March 18, 2004 EADS CASA and Lockheed Martin today signed in Madrid a $87.4 million contract that formalizes EADS CASA participation in the United States Coast Guard Integrated Deepwater Systems (IDS) Program.
The initial contract between Lockheed Martin and EADS CASA is for the procurement of two CN-235 MRS MPA (Medium Range Surveillance Maritime Patrol Aircraft). Delivery is scheduled in 2006. The contract also includes a $4.15 million option for spare parts and integrated logistic support (ILS), as well as an option for six additional aircraft. The potential value of the contract, with all options exercised, is approximately $300 million.
The contract was signed by Francisco Fernandez Sainz, Chairman and CEO EADS CASA, and Fred P. Moosally, President Lockheed Martin Maritime Systems & Sensors in the presence of the Spanish Minister of Defence, Federico Trillo-Figueroa, and U.S. Coast Guard Rear Admiral Patrick M. Stillman, Program Executive Officer for the Deepwater Program. About EADSEADS is a global leader in aerospace, defense and related services. In 2002, EADS generated revenues of € 29.9 billion and employed a workforce of more than 100,000. The EADS Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and the joint venture MBDA, the second largest missile producer in the global market. EADS is the major partner in the Eurofighter consortium, is the prime contractor for the Ariane launcher, develops the A400M military transport aircraft and is the largest industrial partner for the European satellite navigation system Galileo. Contacts:
|
||||