Thomson, IPTN win contract

Thomson, IPTN win contract

PARIS (Dow Jones): France's Thomson-CSF (F.CSF) and
Indonesia's IPTN Wednesday won a $150 million defense contract to
provide the United Arab Emirates with four maritime patrol
aircraft.

The contract, which was awarded at an arms fair in Abu Dhabi,
is split into two parts. The part that covers the actual planes
was awarded to IPTN, while the part that covers the surveillance
and reconnaissance systems with which the planes will be equipped
was awarded to Thomson-CSF. No breakdown was given for the value
of each part of the contract.

The other companies competing for the aircraft part of the
contract included Bombardier Services of Canada, CASA of Spain
and Fokker of the Netherlands. The companies competing with
Thomson-CSF for the surveillance equipment part of the contract
included Argos of the U.S. and Germany's DASA.