Airbus Gets $1.85 Billion Order From Spanish Ministry of Defence
21 December 2023 - 5:40PM
Dow Jones News
By Andrea Figueras
Airbus received an order by the Spanish Ministry of Defense for
16 military aircraft for an amount of 1.695 billion euros ($1.85
billion).
The deal is for Airbus C295 aircraft configured for Maritime
Patrol Aircraft and Maritime Surveillance Aircraft, the French
plane maker said late Wednesday.
With the order, the country will be able to strengthen its
national anti-submarine warfare capability and boost its
surveillance, reconnaissance and search-and-rescue units, the
company said.
The contract also comprises training systems and an initial
logistics support package, Airbus said.
The aircraft will be assembled at Airbus' military facilities in
Seville, the company said. "The aircraft will be fully designed and
manufactured in Spain, fostering the national industrial defence
footprint and sovereignty," said Chief Executive of Airbus Defence
and Space Mike Schoellhorn.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
December 21, 2023 01:25 ET (06:25 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Airbus (PK) (USOTC:EADSY)
Historical Stock Chart
From Jun 2024 to Jul 2024
Airbus (PK) (USOTC:EADSY)
Historical Stock Chart
From Jul 2023 to Jul 2024