9:48 | 12.09.2008
DGAP-News: OHB Technology AG: OHB Supporting Astrium France with the Construction of the HELIOS II Ground Station for the German Federal Armed Forces
OHB Technology AG / Contract
12.09.2008
Release of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.
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Contract worth around a total of EUR 8 million for OHB
Bremen, September 12, 2008 – OHB-System, a subsidiary of OHB Technology AG
(Prime Standard, ISIN: DE0005936124), has been awarded a contract by
Astrium France for the provision of support in the construction and testing
of the CPHD (Centré Principale Helios von Deutschland) ground station in
Gelsdorf near Bonn. The first phase of the contract runs until the end of
2009 and entails a volume of EUR 2.1 million. It will be followed by a
second phase from 2010 to 2012 with a volume of a further EUR 6 million or
so.
OHB-System AG will be providing a team of up to ten engineers for the
construction and testing phase of the ground station. They will be
responsible for ensuring interoperability of the two reconnaissance systems
SAR-Lupe and HELIOS II for the German Federal Armed Forces. Three OHB
specialists are already undergoing training at Astrium France in Toulouse.
The CPHD ground station is to go into operation in 2010.
Speaking today, Marco R. Fuchs, CEO of OHB Technology AG, said: ‘We assume
that our work will not end with the commencement of operations at the
station but that we will continue to provide valuable support beyond 2010.’
Via the CPHD ground station the German Federal Armed Forces will be able to
utilize the French HELIOS II optical satellite system for reconnaissance
activities within the ESGA (German acronym for Europeanization of
Satellite-Based Reconnaissance) system as of 2010. In return, France will
receive access to the German Federal Armed Forces’ SAR-Lupe radar
reconnaissance system, which was assembled and launched under the
lead-management of OHB-System AG.
Steffen Leuthold
Manager Corporate Communications
phone: +49 421 – 2020 620
fax: +49 421 – 2020 613
leuthold@ohb-system.de
12.09.2008 Financial News transmitted by DGAP
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Language: English
Issuer: OHB Technology AG
Karl-Ferdinand-Braun-Str. 8
28359 Bremen
Deutschland
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir@ohb-technology.de
Internet: www.ohb-technology.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Hamburg, Düsseldorf, Stuttgart
End of News DGAP News-Service
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