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Name | Symbol | Market | Type |
---|---|---|---|
Airbus SE (PK) | USOTC:EADSY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.49 | 1.19% | 41.59 | 41.52 | 41.86 | 41.72 | 41.3901 | 41.72 | 115,219 | 21:22:28 |
By Mauro Orru
Airbus SE's Airbus Defence and Space division said Wednesday that it has signed an initial framework contract with Spain for the Future Combat Air System, a European defense project.
The European plane maker's division said the contract is related to the demonstrator phase of the Future Combat Air System, effectively onboarding Spain as the third nation on the program.
The German and French governments earlier this year awarded Airbus and Dassault Aviation SA the initial framework contract launching the demonstrator phase for the Future Combat Air System, along with partners MTU Aero Engines AG, Safran SA, Thales SA, and MBDA.
The latest contract encompasses initial work to develop the program demonstrators and technologies, with flight tests expected to start in the second half of 2026, Airbus Defence and Space said.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
December 09, 2020 07:36 ET (12:36 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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