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Article: United States: DSA expects R13bn in revenue from A400M.
- Article from:
- TendersInfo
- Article date:
- October 31, 2009
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Byline: kusumv03
Denel Saab Aerostructures (DSA) says it expects to earn about R13 billion in revenue from its participation in the Airbus A400M Loadmaster military transport programme over a period of some 15 years.
SA is acquiring eight of the aircraft at a cost of at least 837 million euro (R9.6 billion). It was recently stated that the cost had escalated to R47 billion but Airbus Military and defence minister Lindiwe Sisulu have disputed this.
The programme is currently running between three and five years late and Airbus Military is currently negotiating a price increase with all nine countries acquiring the aircraft, 192 of which are on ...