SA to benefit from Eurofighter deal

1625

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 South Africa`s acquisition of modern Hawk trainer and Gripen fighter aircraft for the SA Air Force, a company spokesman says.



The deal brings to 559 the number of Typhoons in service or under production contract, including 72 sold by Britain to Saudi Arabia and 15 sold by Germany to Austria.