Corporate | 11 July 2006 08:00
OHB Technology AG: MT AEROSPACE AWARDED A FURTHER PRODUCTION ORDER FOR THE ARIANE 5
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The issuer is solely responsible for the content of this announcement.
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MT AEROSPACE AWARDED A FURTHER PRODUCTION ORDER FOR THE ARIANE 5
Contract for EUR 55 million for the production of launcher components
Bremen/Augsburg, July 11, 2006. MT Aerospace AG, Augsburg, a subsidiary of
OHB Technology AG (ISIN: DE0005936124), has received another order for the
production of ARIANE 5 components. Awarded by Cyrospace GIE, Les Mureaux,
France, the contract is valued at EUR 55 million and entails essential
components of the liquid hydrogen and liquid oxygen tanks in the upper
stage of the ARIANE 5 launcher. “The contract, which runs into 2009, will
assure long-term utilization of aerospace production capacity”, says Walter
Köppel, CTO of MT Aerospace AG.
This order is an essential part of the total contract for 30 launchers
ordered from the European industry by marketing enterprise ARIANESPACE. MT
Aerospace AG holds an 8% share in ARIANESPACE.
ARIANESPACE is seeking to accommodate growing global demand for satellite
launches by increasing the present number of 5-6 launches to a future eight
launches per year.
With its internationally recognised competence in the development of
components and the application of modern production technologies, MT
Aerospace is one of the most important players in space technology
business today.
For further information please contact:
OHB Technology AG
Michael Vér, Investor Relations
Tel.: +49 (0)421 2020-727
E-Mail: ir@ohb-technology.de
Internet: http://www.ohb-technology.de
(c)DGAP 11.07.2006
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Language: English
Issuer: OHB Technology AG
Karl-Ferdinand-Braun-Str. 8
28359 Bremen Deutschland
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir@ohb-technology.de
WWW: www.ohb-technology.de
ISIN: DE0005936124
WKN: 593612
Indices:
Listed: Geregelter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin-Bremen, Stuttgart, Hamburg, Düsseldorf
End of News DGAP News-Service
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