Centurion-based aerospace component manufacturer Aerosud will benefit from this week’s announcement that four European nations are to buy a further 112 Eurofighter EF1 Typhoon fighter aircraft.
Britain, Germany, Italy and Spain has ordered the advanced fighters at a cost of €9.1 billion (about R99 billion) from the Eurofighter consortium that includes Britain`s BAE Systems, Italy`s Finmeccanica and European aerospace group EADS, which represents industrial interests of both German and Spain.
BAE Systems and Aerosud formed a strategic alliance in 2004 in terms of which the South African aerostructures firm has taken over several BAE Systems production contracts for components and structural elements of military and civil aircraft including the Eurofighter Typhoon.
The alliance is an element of BAE Systems and Saab`s joint US$8,7 billion Industrial Participation obligation that arose from
The deal brings to 559 the number of Typhoons in service or under production contract, including 72 sold by