Eurofighter for Austria Industry and Government Reach Agreement


HALLBERGMOOS, Germany and WIEN, Austria, June 26 /PRNewswire/ --     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:

- delivery of 15 aircraft with latest capability standard of Tranche 1,

- equipment standard strictly meeting the requirement for air
surveillance,

- a price reduction on the negotiated In-service Support Contract that
has not been signed yet.

Adapting the contractual contents leads to a EUR 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.

For More Information contact

    Wolfdietrich Hoeveler
    Vice President Communications
    Eurofighter GmbH
    +49-811-801-555 (Office)
    +49-811-801557 (Fax)
    +49-170-855-0474 (Mobile)
    wolfdietrich.hoeveler@eurofighter.com



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