Brief: Danish Aerospace Company Will Be Transferred Gaintex Contract

Danish Aerospace and Defence A/S

11/11/2022 14:36

Nov 11 (Reuters) - Danish Aerospace Company A/S
 DACA.CO :
    * ESA TRANSFERS CONTRACT FOR MUSCLE MONITORING SYSTEM FOR
THE
SPACE STATION TO DANISH AEROSPACE COMPANY A/S
    * REG-ESA TRANSFERS CONTRACT FOR MUSCLE MONITORING SYSTEM
FOR THE
SPACE STATION TO DANISH AEROSPACE COMPANY A/S
    * WILL BE TRANSFERRED GAINTEX CONTRACT (GAINTEX - GARMENTS
FOR
ADVANCED INSIGHT WITH TEXTILES) WHICH NOW BANKRUPT COMPANY
OHMATEX HAD WITH ESA
    * ESA HAS ASKED DAC TO STEP IN AS MAIN SUPPLIER ON CONTRACT
AND
DRIVE IT TO COMPLETION
    * CONTRACT IS EXPECTED SIGNED WITHIN NEXT FEW WEEKS AND WILL
RUN
NEXT COUPLE OF YEARS
    * CONTRACT HAS A TOTAL VALUE OF APPROX. DKK 3,27 MILLION
(APPROX.
EUR 440K)
    * DAC ESTIMATES THAT ESA, AT A LATER DATE, WILL ADD A CCN
(CONTRACT CHANGE NOTICE) FOR DKK 2,1 MILLION (APPROX. EUR 280K)
BASED ON THEIR PREVIOUS INDICATIONS.
    * CONTRACT IS NOT EXPECTED TO CHANGE COMPANY'S PREVIOUS
ANNOUNCED
EXPECTATIONS FOR 2022.

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