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    1. Commercial Aerospace

    A400M aircraft agreement between EADS/Airbus and launch nations finalized

    Nov. 8, 2010
    TOULOUSE, France, 8 Nov. 2010. EADS and Airbus officials concluded negotiations with OCCAR and the seven A400M launch nations -- Belgium, France, Germany, Luxemburg, Spain, Turkey, and England. The agreement was finalized in Toulouse, France in the presence of Herve Morin, French defense minister, the national armament directors and representatives from all respective nations. While the overall economics of the March agreement remain unchanged the government payments are now more back-loaded than previously expected. Negotiations on the export levy facility (ELF) scheme are expected to be finalized before the end of the year.
    Posted by John McHaleTOULOUSE, France, 8 Nov. 2010. EADS and Airbus officials concluded negotiations with the Organization for Joint Armament Cooperation (OCCAR) and the seven A400M launch nations -- Belgium, France, Germany, Luxemburg, Spain, Turkey, and England.. The agreement was finalized in Toulouse, France in the presence of Herve Morin, French defense minister, the national armament directors and representatives from all respective nations. While the overall economics of the March agreement remain unchanged the government payments are now more back-loaded than previously expected. Negotiations on the export levy facility (ELF) scheme are expected to be finalized before the end of the year."The A400M flight test program is making progress and demonstrates the soundness of the product. We are very proud of the achievements so far and are now moving towards the series production by the end of the year," says Domingo Urena, managing director of Airbus Military.The A400M is an all new military airlifter that is able to fly higher, faster, and further, while retaining high maneuvrability, low speed, and short, soft and rough airfield capabilities. It combines tactical and strategic/logistic missions, while being also able to be used as a tanker plane. With its cargo hold specifically designed to carry the outsize equipment needed today for both military and humanitarian disaster relief missions, it can bring this material quickly and directly to where it is most needed, EADS officials say. Conceived to be highly reliable, dependable, and with a great survivability, the multipurpose A400M can do the job of three of today's different aircraft models in a single one. This means smaller fleets and less investment from the operator, EADS officials say.

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