24.04.2018 08:30:02
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DGAP-News: OHB SE: MT Aerospace awarded contract for the production of ten Ariane 5 sets/ jobs in Augsburg secured in transition phase to Ariane 6
DGAP-News: OHB SE / Key word(s): Incoming Orders Augsburg, April 24, 2018 MT Aerospace will be producing the metallic booster housings, tanks and other lightweight structures for the final ten Ariane 5 ECA launch vehicles. Orders from Europropulsion (boosters), ArianeGroup (structures) and Eurocryospace GIE (tanks) have been placed to the Augsburg-based space company. In two years' time, launch operations for the future European Ariane 6 launch vehicle are to commence at the Kourou space center in French Guiana, South America. To ensure a smooth transition between 2020 and 2022, contracts for the last batch of ten Ariane 5 launchers were announced by ArianeGroup and Arianespace in January. MT has already started with the production of the first components under the new contract. This ensures deliveries until 2020 as well as a smooth migration from Ariane 5 to Ariane 6. At the same time, jobs at MT Aerospace in Augsburg will be secured during the transition phase until production of the components for the Ariane 6. By the time it ships the final set in mid-2020, MT Aerospace will have worked on a total of 93 Ariane 5 launch vehicles. In operation since 1996, this Ariane 5 is the most reliable and successful launcher to date. MT Aerospace is playing a crucial role in the development and industrialization of the Ariane 6 launcher system. With an industrial work share of around 10 percent, MT Aerospace is developing technical innovations for metal structures for enhancing the competitiveness of this future launch vehicle in its capacity as a risk share partner and cluster prime. Contact: Investor Relations Martina Lilienthal Tel.: +49 421 - 2020-720 Fax: +49 421 - 2020-613 E-Mail: martina.lilienthal@ohb.de Corporate Communications Günther Hörbst Tel.: +49 421 - 2020-9438 E-Mail: guenther.hoerbst@ohb.de
24.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | OHB SE |
Karl-Ferdinand-Braun-Str. 8 | |
28359 Bremen | |
Germany | |
Phone: | +49 (0)421 2020 8 |
Fax: | +49 (0)421 2020 613 |
E-mail: | ir@ohb.de |
Internet: | www.ohb.de |
ISIN: | DE0005936124 |
WKN: | 593612 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
End of News | DGAP News Service |
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