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TIPS industries establish AGS Industries GmbH joint venture

16 May 2006

The joint venture company, AGS Industries GmbH, will be the prime contractor for the program. A contract for the design and development (D&D) phase is expected from NATO later this year.

The organisation is registered in Ottobrunn with a principal office in Brussels.

Larry Harrell, Northrop Grumman's corporate vice president for Strategy and Technology, will serve as AGS Industries' first Managing Director and Chief Executive Officer.

"I am pleased to have the opportunity to lead the industry team for this most important project for NATO," said Harrell. "In order to deliver a long-sought after transformational program such as this we will have a strong AGS Industries team. "With the establishment of AGS Industries, we are fulfilling our promise to Nations," said Harrell, "and will be in a position to formally submit our response to NATO's Request for Proposal for the Design & Development phase, which we received last month."

Speaking on behalf of the TIPS industries, Johann Heitzmann, President and Chief Executive Officer of EADS Military Air Systems said, "We are very satisfied that we have establish the AGS Industries GmbH. The joint venture demonstrates the participating companies' commitment to integration and cooperation, and has helped us established a united approach towards our NATO customer."

The NATO AGS system will provide situational awareness through a shared common ground picture that will be available to NATO and national decision makers. The TIPS mixed fleet of manned and unmanned platforms will provide the Alliance with a core component for the NATO Response Force, providing a critical capability designed to meet its Intelligence, Surveillance and Reconnaissance (ISR) and Command and Control (C2) requirements for the 21st century. The mixed fleet solution will also support a variety of new mission requirements for NATO including nation building, homeland security and humanitarian relief.