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EADS CASA signs contract to supply Maritime Patrol Aircraft to the U.S. Coast Guard

* EADS CASA’s participation in Integrated Deepwater System Program
* Agreement signed in Madrid by EADS CASA and Lockheed Martin

Madrid, 18 February 2004

EADS CASA and Lockheed Martin today signed in Madrid a $87.4 million contract that formalises EADS CASA participation in the United States Coast Guard Integrated Deepwater System (IDS) Program.

The initial contract between Lockheed Martin and EADS CASA is for the procurement of two CN-235 MRS MPA (Medium Range Surveillance Maritime Patrol Aircraft). Delivery is scheduled in 2006. The contract also includes a $4.15 million option for spare parts and integrated logistic support (ILS), as well as an option for six additional aircraft. The potential value of the contract, with all options exercised, is approximately $300 million.

The Deepwater Program is a major initiative designed to recapitalise the U.S. Coast Guard with an integrated system of assets and capabilities. The EADS CASA CN-235 MRS MPA has been selected to serve as the Maritime Patrol Aircraft platform for the U.S. Coast Guard. The Deepwater contract was awarded in 2002 to the Integrated Coast Guard System (ICGS), a joint venture between Lockheed Martin and Northrop Grumman.

The contract was signed by Francisco Fernandez Sainz, Chairman and CEO EADS CASA, and Fred P. Moosally, President Lockheed Martin Maritime Systems & Sensors in the presence of the Spanish Minister of Defence, Federico Trillo-Figueroa, and U.S. Coast Guard Rear Admiral Patrick M. Stillman, Program Executive Officer for the Deepwater Program.

“We are extremely pleased that Lockheed Martin, representing the Integrated Coast Guard System team, has selected the CN-235 to be their MRS Maritime Patrol Aircraft for the U.S. Coast Guard. The size of the aircraft and range capabilities will be very supportive of the multiple missions required of the U.S. Coast Guard—from Homeland Security, to environmental protection, fisheries enforcement, drug and migrant interdiction, and search and rescue,” said Francisco Fernández Sáinz, Chairman and CEO of EADS CASA. “This is a clear validation of the capability, flexibility and value of the CN-235 as a surveillance platform”, he added.

“The selection of the CN-235 MRS MPA as part of the ICGS offering is also a clear example of the benefits of transatlantic cooperation. It is another example of how EADS brings its global capabilities together to provide valued products to U. S. governmental customers”, declared Ralph Crosby, Chairman and CEO EADS North America. -“The CN-235 meets the operational needs of the U.S. Coast Guard and is a cost-effective choice for the American taxpayer”, he said.

The CN-235 MRS MPA will bring to the Deepwater Program the expertise of EADS CASA, which provides the highest quality and best value MPA in its category. EADS CASA has built more than 250 CN-235 aircraft to date, making the aircraft a proven and ideal platform for military and maritime patrol operations. The CN-235 Series 300 also offers multi-mission capabilities.

The EADS CASA CN-235 MRS MPA surveillance capabilities permit detection and identification of offshore threats. The information acquired can also be shared with the other assets of the C4ISR network.

EADS offers a complete range of military transport aircraft, including mission aircraft: from the heavy lifter A400M now under development to the reliable and worldwide known C-295, CN-235 and C-212.

EADS is a global leader in aerospace, defence and related services. In 2002, EADS generated revenues of € 29.9 billion and employed a workforce of more than 100,000. The EADS Group includes the aircraft manufacturer Airbus, the world's largest helicopter supplier Eurocopter and the joint venture MBDA, the second largest missile producer in the global market. EADS is the major partner in the Eurofighter consortium, is the prime contractor for the Ariane launcher, develops the A400M military transport aircraft and is the largest industrial partner for the European satellite navigation system Galileo.

Contacts:
Miguel Sánchez
EADS (Spain)
Tel.: +34-91-585 7789

Diane Murphy
EADS (North America)
Tel.: +1-202 776 9080

Rainer Ohler EADS (Germany)
Tel.:
+49-89 6 07 34235

Patrice Kreis
EADS (France)
Tel.: +33-1-42242063