AirTanker Subsidiary Signs 27 Year Contract
AirTanker, the EADS-led consortium, announced Friday it signed a
27-year contract with the UK Ministry of Defense for the provision
of air transport and air refueling capability to the Royal Air
Force. The AirTanker consortium has also completed its financing
for the program, raising approximately 2.5 billion pounds (EUR3.2
billion) for investment in the fleet, a new state-of-the-art
operational base and associated infrastructure.