Airbus, Partners to Supply Eurofighter Jets to German Army in EUR5.5 Billion Deal
07 November 2020 - 12:01AM
Dow Jones News
By Cecilia Butini
The German defense minister said Friday that government has
approved an order for 38 Eurofighter jets from Airbus SE and its
partners to the federal armed forces for a value of about 5.5
billion euros ($6.48 billion).
The jets--which will be manufactured by a consortium including
Airbus SE, BAE Systems PLC and Leonardo SpA--will be delivered
starting in 2025, with the last jet of the tranche planned for
delivery in 2030.
Three of the 38 jets ordered will be used for testing purposes,
while the contract also includes the purchase of spare parts,
ground service testing equipment and special tools, according to
the German defense minister.
Airbus said in a tweet that it welcomed the decision by the
German government to purchase the aircrafts, while BAE Systems
tweeted that it stands ready with its partners to deliver on its
commitments.
Write to Cecilia Butini at cecilia.butini@wsj.com
(END) Dow Jones Newswires
November 06, 2020 07:46 ET (12:46 GMT)
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