| Wednesday, March 17, 2010 |
French M51 Procurement Contract SignedNews >> Space & Strategic >> Sales & Contracts Released on Thursday, December 23, 2004It is the first procurement for M51 missiles awarded to EADS and is valued at 3 billion Euro ($4 billion). M51 will supersede existing M45s providing increased accuracy and a greater payload. This decision has been taken following successfully testing carried out in 2004 and further development on the propulsion system as well as overall positive assessment on the M51 at this point. The contract is expected to last 10 years. EADS along with G2P consortium, a joint venture Snecma Propulsion Solide et SNPE Matériaux Energétiques, will be responsible for the M51 manufacturing. G2P activities will focus on the missile propulsion system. DGA - Délégation Générale pour l'Armement SLBM - Sea Launched Ballistic Missile |
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