Hallbergmoos/Wien- 26 June 2007. The Eurofighter consortium has reached agreement with the Government of Austria on cost reductions of the Eurofighter procurement. The consortium thus reacts towards the political development in Austria to secure the programme in the long term and at a very advanced stage.
The agreement covers:
Adapting the contractual contents leads to a € 370 million reduction of total contract value.
Aloysius Rauen, Chief Executive Officer of Eurofighter Jagdflugzeug GmbH, comments: „The Eurofighter consortium of Alenia Aeronautica, BAE Systems, EADS CASA and EADS Deutschland has always pointed out that an agreement meeting both sides’ interests can be achieved, if the partners don’t insist on contrasting positions, but try to find a solution meeting the objectives of both parties. In this spirit the achieved results represent a classic mutual agreement, supported by both sides.
With introducing the Eurofighter Typhoon the Republic of Austria will operate the World’s most advanced fighter aircraft to secure and defend their national air space. Austria now belongs firmly to the Eurofighter community of five nations, benefiting from the advantages the programme delivers in operation and support.“
The contents of the agreement will be integrated into the procurement contract, earlier versions will be invalid.
Source: Eurofighter Typhoon
Picture provided and copyrighted by Eurofighter Typhoon
For further information about Eurofighter Typhoon, click here