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    AIR   NL0000235190

AIRBUS SE

(AIR)
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EADS : Increased operational capabilities for Eurofighter Typhoon

10/28/2013 | 11:16am EST
  • Cassidian has successfully finalized Phase 1 Enhancements tests
  • Deploying multiple weapons with attack constraints simultaneously in all weather easier than ever

Cassidian, the defence division of EADS, has successfully finalized its flight testing of the Eurofighter Typhoon Phase 1 Enhancements (P1E) programme. After an intensive test programme of this First Batch of Enhancements on Instrumented Production Aircraft 4 and 7, this enhancement is confirmed to deliver a robust simultaneous multi-/swing-role capability to the Nations' Air Forces. It will be ready for the customers by the end of 2013.

The testing took place at Cassidian´s Military Air Systems Centers in Manching/Germany and Getafe/Spain, in cooperation with BAE Systems and Alenia Aermacchi. "The Phase 1 Enhancements will provide a significant leap in Eurofighter's operational capabilities. Deploying multiple weapons with attack constraints simultaneously in all weather has never been easier", said Chris Worning, Cassidians Eurofighter Project pilot.

P1E implements full Air-to-Surface capability on Eurofighter Typhoon - including Laser Designator Pod -, full smart bomb integration, modern secure Identification Friend or Foe (Mode 5), improved Radios and Direct Voice Input, Air-to-Surface Helmet Mounted Sight System, improved Air-to-Air capabilities including digital integration of Short Range Air-to-Air Missiles and updated MIDS (Multifunctional Information Distribution System) Datalink functionalities for enhanced interoperability with Coalition Forces.

The Enhancements cover the design, development, qualification and clearance of the first major upgrade after the Main Development Contract. It is a major milestone in the development of Eurofighter Typhoon giving seamless air-to-ground integration to the weapon system and forming the baseline for further enhancements such as AESA (Active Electronically Scanned Array) radar and Meteor missile.

About CASSIDIAN

Cassidian, the defence division of EADS, is a worldwide leader in defence and security solutions. The company delivers advanced defence systems along the whole action chain from sensors through command & control systems to combat aircraft and unmanned air systems. In the area of security, Cassidian provides customers worldwide with border surveillance systems, cyber security solutions and secure communications. In 2012, Cassidian - with around 23,000 employees - achieved revenues of € 5.7 billion.

About Eurofighter Typhoon

Eurofighter Typhoon is the most advanced new generation multi-role/swing-role combat aircraft currently available on the world market. Seven nations (Germany, the United Kingdom, Italy, Spain, Austria, Saudi Arabia and Oman) have already ordered the Eurofighter Typhoon. With 719 aircraft under contract and 571 on order, Eurofighter Typhoon is currently the largest military procurement programme in Europe. Its high technology strengthens the position of European aerospace industry in the international market. The programme secures more than 100,000 jobs in over 400 companies. Eurofighter Jagdflugzeug GmbH manages the programme on behalf of the Eurofighter Partner Companies Alenia Aermacchi/Finmeccanica, BAE Systems and Cassidian in Germany and Spain, which are the most important aviation and aerospace companies in Europe with a turnover of about 126 billion euro (2012).

Contact:
ClaasBelling
Media Relations Manager
Cassidian
Tel.:+49 (0)8459 81-8 04 82
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Financials
Sales 2021 52 164 M 59 013 M 59 013 M
Net income 2021 3 308 M 3 742 M 3 742 M
Net cash 2021 6 134 M 6 939 M 6 939 M
P/E ratio 2021 23,2x
Yield 2021 1,15%
Capitalization 77 439 M 87 413 M 87 607 M
EV / Sales 2021 1,37x
EV / Sales 2022 1,15x
Nbr of Employees 125 888
Free-Float 74,1%
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Number of Analysts 21
Last Close Price 98,55 €
Average target price 141,51 €
Spread / Average Target 43,6%
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Managers and Directors
Guillaume Faury Chief Executive Officer
Dominik Asam Chief Financial Officer
RenÚ Richard Obermann Chairman
Sabine Klauke Chief Technical Officer
Alberto Jose Gutierrez Moreno Chief Operating Officer
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