EADS and Airbus welcome A400M agreement with customer nations
EADS and Airbus welcome the conclusion of negotiations with OCCAR and the seven A400M launch customer nations. The agreement, finalised today in Toulouse in the presence of the French Defence Minister Hervé Morin.
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 programme is making excellent 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”, said Domingo Ureña, Managing Director of Airbus Military.