5 Jan 2017 09:00
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5 January 2017
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Babcock International Group PLC (Babcock or the Group)
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Babcock France wins defence contract for the French Air Force
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Babcock France today announces that, following a competitive bid process, France's Direction Générale de l'Armement (DGA) has awarded it a contract to provide and maintain a training platform and related services for the French Air Force (l'Armée de l'Air). The 11-year FOMEDEC contract will provide new training aircraft, related simulators and modernised training facilities for the training of fighter jet crews to be performed by the Air Force itself.
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Babcock's share of the FOMEDEC contract is expected to be worth over €500 million, around half of which relates to the financing of assets for the customer. The contract will start immediately and the first aircraft will be delivered in March 2018.
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Archie Bethel, Chief Executive of Babcock International Group, said:
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"We are delighted that our French company will be working as a key support partner on this major French defence contract. The project will draw on our expertise in the European aviation industry and our experience of delivering long-term military flight training programmes. We look forward to working with the French Air Force over the next decade."
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Ends
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