Sun, Aug 16, 2015
Firm Commitment For Development Activities Through PDR In 2016
The European Space Agency (ESA) and Airbus Safran Launchers today signed a €2.4 billion (approx $2.67 billion) contract covering the development of the Ariane 6 launcher in its two versions, Ariane 62 and 64.
This contract includes, notably, a firm commitment of some €680 million (approx. $756 million) for initial development activities (phases A & B) up to the Preliminary Design Review scheduled for mid-2016.
Beyond the contract signed today the total amount for the development of the launcher will be approximately €3 billion ($3.34 billion), including boosters to be shared by Ariane and Vega, as well as €400 million ($445 million) of industrial investment.
“The contract - signed within a matter of months of the historic decision taken by representatives of the ESA member states during the Ministerial Conference on 2 December 2014 in Luxembourg to build a latest generation European launcher - will see industry taking on the leading role in its design and marketing,” said Alain Charmeau, CEO of Airbus Safran Launchers. “Both our and our European industrial partners’ commitment is a sign of our determination to provide our customers, whether they be institutional or commercial, with a launcher that is as reliable as ever while being increasingly competitive and adapted to the rapidly evolving space market. I would once again like to thank the European Space Agency and the national agencies, in particular the CNES, the DLR and ASI, for their support and trust.”
The Airbus Safran Launchers teams will now finalise the design of the two versions of the Ariane 6 launcher and the accompanying industrialisation process as part of a new industrial structure established within Europe to improve efficiency.
(Image provided by Airbus)
More News
Say Altitude Used by ATC to ascertain an aircraft's specific altitude/flight level. When the aircraft is climbing or descending, the pilot should state the indicated altitude round>[...]
Aero Linx: European Air Law Association (EALA) EALA was established in 1988 with the aim to promote the study of European air law and to provide an open forum for those with an int>[...]
From 2023 (YouTube Version): The Life, Death, Life, Death, and Life of a Glorious Warbird In 1981, business-owner Jim Tobul and his father purchased a Chance-Vought F4U Corsair. Mo>[...]
Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]
Also: WACO Kitchen Bails, French SportPlane Mfr to FL, Dynon-Advance Flight Systems, Innovation Preview Bobby Bailey, a bit of a fixture in sport aviation circles for his work with>[...]