EADS confirms that it remains fully committed to the construction of the A400M

(PresseBox) ( Amsterdam, )
Clarifying comments made in the press, EADS confirms that it remains fully committed to the construction of the 400M that will be the most complete high performance military plane for the coming decades.

The group reaffirms that the contract signed in 2003 does not provide the necessary conditions for the successful development of the programme, firstly because of an unrealistic timetable, and secondly because the commercial nature of the contract does not fit to the reality of a military programme containing high technological risks.

EADS wishes that the three months moratorium period as proposed by OCCAR be used by all partners of the programme to put it back on tracks within conditions acceptable by all parties.

EADS is a global leader in aerospace, defence and related services. In 2008, EADS generated revenues of € 43.3 billion and employed a workforce of about 118,000. The Group includes Airbus as the leading manufacturer of commercial aircraft, with Airbus Military covering tanker, transport and mission aircraft, Eurocopter as the world's largest helicopter supplier and EADS Astrium, the European leader in space programmes from Ariane to Galileo. Its Defence & Security Division is a provider of comprehensive systems solutions and makes EADS the major partner in the Eurofighter consortium as well as a stakeholder in the missile systems provider MBDA.
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