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Factbox: Defence companies sign deals at NATO industry forum

FACTBOX-Defence companies sign deals at NATO industry forum

Updates links, changes source of Isar Aerospace contract

- Defence companies from NATO member states gathered in Ankara on Tuesday for an industry forum held alongside the alliance's annual summit, where several defence cooperation and procurement agreements were expected to be announced.

Following are the deals announced so far:

SAAB

Swedish defence equipment maker Saab SAABb.ST said NATO will begin formal negotiations on the acquisition of up to 10 GlobalEye airborne early warning and control aircraft.

CEO Micael Johansson told reporters the company could start deliveries as soon as 2030, and the final price would be roughly $400 million to $450 million per aircraft.

LOCKHEED MARTIN, RHEINMETALL

Lockheed Martin LMT.N and Rheinmetall RHMG.DE signed a memorandum of understanding on Tuesday to jointly produce ATACMS missiles in Germany, a move that would mark the first manufacture of the short-range ballistic missile outside the United States.

NORTHROP GRUMMAN

NATO Secretary General Mark Rutte said allies will buy up to five Northrop Grumman NOC.N MQ-4C Triton high-altitude surveillance drones, with Norway, Finland, Germany and Denmark signing a letter of intent for the purchase.

AIRBUS

NATO will launch a strategic airlift fleet of Airbus AIR.PA A400M transport planes and expand its existing A330 MRTT tanker and transport fleet by one aircraft, Rutte said.

ISAR AEROSPACE

German rocket maker Isar Aerospace signed a contract with Canada's Maritime Launch Services MAXQ.NLB to build and use a dedicated launch pad for its Spectrum rocket at Spaceport Nova Scotia, eastern Canada.


(Reporting by Emanuele Berro, editing by Matt Scuffham)

((Emanuele.Berro@thomsonreuters.com; +48 587696510))

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