Corporate | 11 February 2009 08:32
OHB Technology AG / Contract
Announcement, transmitted by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
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MT Aerospace, a subsidiary of the European aerospace and technology concern
OHB Technology AG (ISIN: DE0005936124, Prime Standard), has signed long
term contracts for sub-assemblies for a further 35 ARIANE 5 launchers just
one week after the launch service provider Arianespace commissioned the
European industrial consortium. The contracts have a total value of 370
million Euros.
'These orders guarantee the ARIANE production into the year 2013 giving the
Augsburg site a stable perspective,' said Hans Steininger, CEO of MT
Aerospace on this occasion.
MT Aerospace delivers tanks and structural components for the ARIANE 5 for
an average of 7 launchers per year to various industrial partners within
the Ariane group. The contracts with the prime contractor EADS Astrium and
level 1 supplier Europropulsion were signed on the 5th and 9th of February
2009, respectively. The contract between MT Aerospace and Cryospace is near
to conclusion.
MT Aerospace AG, Augsburg, manufactures components and subsystems for the
aviation and aerospace industry and is a system supplier for antennas and
mechatronics. Approximately 600 employees produced a turnover of 120
million Euros in the financial year 2008.
MT Aerospace produces 10% of the ARIANE 5 launcher making it the
programme's largest German supplier.
Steffen Leuthold
Corporate Communications
phone: +49 421 2020-620
E-mail: s.leuthold@ohb-technology.de
11.02.2009 Financial News transmitted by DGAP
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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
Internet: www.ohb-technology.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hamburg, Düsseldorf, Stuttgart
End of News DGAP News-Service
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