Industry Welcomes UK Decision on Tranche 3 Agreement
HALLBERGMOOS, May 15 /PRNewswire-Asianet/--
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 EUR8 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 multi-role
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. EUR88 billion (2008).
High Resolution images of the Eurofighter Typhoon can be downloaded from our web site:
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
SOURCE: Eurofighter GmbH
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