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OHB AG (FRA:OHB) OHB SE: MT Aerospace awarded contract for the production of ten Ariane 5 sets/ jobs in Augsburg secured in transition phase to Ariane 6

Directive transparence : information réglementée

24/04/2018 08:30

DGAP-News: OHB SE / Key word(s): Incoming Orders
OHB SE: MT Aerospace awarded contract for the production of ten Ariane 5 sets/ jobs in Augsburg secured in transition phase to Ariane 6

24.04.2018 / 08:30
The issuer is solely responsible for the content of this announcement.


Augsburg, April 24, 2018 MT Aerospace will be producing the metallic booster housings, tanks and other lightweight structures for the final ten Ariane 5 ECA launch vehicles. Orders from Europropulsion (boosters), ArianeGroup (structures) and Eurocryospace GIE (tanks) have been placed to the Augsburg-based space company.

In two years' time, launch operations for the future European Ariane 6 launch vehicle are to commence at the Kourou space center in French Guiana, South America. To ensure a smooth transition between 2020 and 2022, contracts for the last batch of ten Ariane 5 launchers were announced by ArianeGroup and Arianespace in January.

MT has already started with the production of the first components under the new contract. This ensures deliveries until 2020 as well as a smooth migration from Ariane 5 to Ariane 6. At the same time, jobs at MT Aerospace in Augsburg will be secured during the transition phase until production of the components for the Ariane 6.

By the time it ships the final set in mid-2020, MT Aerospace will have worked on a total of 93 Ariane 5 launch vehicles. In operation since 1996, this Ariane 5 is the most reliable and successful launcher to date.

MT Aerospace is playing a crucial role in the development and industrialization of the Ariane 6 launcher system. With an industrial work share of around 10 percent, MT Aerospace is developing technical innovations for metal structures for enhancing the competitiveness of this future launch vehicle in its capacity as a risk share partner and cluster prime.


Contact:
Investor Relations
Martina Lilienthal
Tel.: +49 421 - 2020-720
Fax: +49 421 - 2020-613
E-Mail: martina.lilienthal@ohb.de


Corporate Communications
Günther Hörbst
Tel.: +49 421 - 2020-9438
E-Mail: guenther.hoerbst@ohb.de


24.04.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: OHB SE
Karl-Ferdinand-Braun-Str. 8
28359 Bremen
Germany
Phone: +49 (0)421 2020 8
Fax: +49 (0)421 2020 613
E-mail: ir@ohb.de
Internet: www.ohb.de
ISIN: DE0005936124
WKN: 593612
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange

 
End of News DGAP News Service

678007  24.04.2018 

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