"EADS and HAI reinforce their co-operation in the Aerospace and Defence fields"
Le Bourget, 17 June 2003
EADS, the world's second largest aerospace and defence company, and Hellenic Aerospace Industry (HAI), Greece's leading aerospace and defence company, have signed a Framework Co-operation Agreement at the Paris Air show in Le Bourget on Tuesday 17th June, 2003.
This agreement provides an efficient tool for the two parties to strengthen their existing collaboration and to explore further opportunities to develop joint activities. The co-operation will include the core skills from both parties.
The Agreement was signed by Dionissios Xenos, Chairman of the Board of Directors and CEO of HAI and by Philippe Camus and Rainer Hertrich, CEOs of EADS.
Following this Agreement, a Coordination Committee will be set up, to monitor progress achieved towards developing a true and long lasting partnership between the two parties.
EADS and HAI already have a significant track record of successful cooperation in commercial and military aircraft, missile and telecommunication areas."
About EADS:
EADS is a global aerospace and defence company and is the world’s second largest in terms of revenues with € 29.9 billion in 2002. EADS has a workforce of more than 100,000 and is a market leader in defence technology, commercial aircraft, helicopters, space, military transport and combat aircraft, as well as related services. It’s family of leading brands includes the commercial aircraft manufacturer Airbus, the world's largest helicopter manufacturer Eurocopter, the space company Astrium and MBDA, the world’s second largest missile company. EADS is the biggest partner in the Eurofighter consortium and heads the A400M military transport aircraft programme. The company has over 70 sites in Germany, France, Great Britain and Spain. It is active in many regions worldwide, including the U.S., Russia and Asia.
About HAI:
Hellenic Aerospace Industry is the largest state-owned aerospace and defence company in Greece with a diversified scope of activities that include military aircraft and engine MRO, electronic products and weapon system design and manufacturing and training services in a wide range of aerospace industry related disciplines.
HAI's track record in its chosen fields of expertise is testified by its long list of customers among which are some of the leading aerospace and defence companies in the world.
The company has a workforce of 3.000 highly qualified employees.
Contacts :
EADS
Rainer Ohler
+49 89 607 34 235
Miguel Sanchez
+ 34 91 585 77 89
Roland Sanguinetti
+ 33 1 42 24 24 26
HAI
Dimitrios Prousalis
+ 30 26 20 52 117
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