Brief: Danish Aerospace Company Gets Subsidy For Project For Military Divers

Danish Aerospace and Defence A/S

01/07/2021 09:50

July 1 (Reuters) - Danish Aerospace Company A/S  DACA.CO :
    * RECEIVES SUBSIDY FOR DEVELOPMENT PROJECT FOR MILITARY DIVERS
    * WILL RECEIVE SUBSIDY FROM EU DEFENSE FUND FOR PARTICIPATION IN CUIIS PROJECT
(COMPREHENSIVE
UNDERWATER INTERVENTION INFORMATION SYSTEM), ALONG WITH COMPANIES AND RESEARCH INSTITUTIONS FROM
SIX OTHER COUNTRIES
    * DAC'S TOTAL EXPECTED SUBSIDY FOR PROJECT IS APPROXIMATELY DKK 2.67 MILLION. (358,000 EU)
    * PROJECT IS EXPECTED TO START IN AUTUMN OF 2021 AND RUN FOR THREE YEARS AND CONSISTS OF
DEVELOPMENT, DESIGN, PROTOTYPING AND A TEST PHASE
    * EU CONTRACT IS NOT EXPECTED TO CHANGE COMPANY'S PREVIOUSLY ANNOUNCED EXPECTED TURNOVER FOR
2021

Source text for Eikon:  ID:nGNE70F5Nm 
Further company coverage:  DACA.CO 

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