Saudi Arabia awards Thales a contract worth 340 million euros
27 July 2004
The Kingdom of Saudi Arabia's Ministry of Defense has awarded Thales a contract for the logistic support of the Royal Saudi Arabia Defense Forces' (RSADF) Crotale and Shahine air defence systems.
This contract is worth around 340 million euros and was won in close cooperation with Sofresa (which was the contract signatory). It covers logistic support for the Crotale and Shahine systems that were previously supplied by the Group and also includes upgrading these short-range missiles.
This major contract will provide work, mainly in France, for a period of five years.
Over the last twenty years, Thales has provided its customers with permanent prime contractor services, logistic support and developments for the systems throughout their life cycles.
The new contract confirms the Kingdom of Saudi Arabia's continuing confidence in the Thales Group, consolidating a partnership that dates back more than thirty years.
The Group has been selected by the Kingdom of Saudi Arabia for numerous contracts both in defence and civil fields, including professional broadcasting, air traffic control, and simulation systems.
Christophe Robin - Tel +33 (0) 57 77 86 26 - firstname.lastname@example.org
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