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Industry News

EADS Has Designs on HAI Centre

March 24, 2008
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EADS and Hellenic Aerospace Industry (HAI) have signed an agreement valued at €9.7 million for the development of HAI’s design centre. HAI is generating the design centre programme with the support of the Greek Ministry of Defence and through this agreement with EADS the company will obtain all the essential technological infrastructure and know-how necessary to establish an essential facility.

The design capability that this new centre offers will facilitate the company’s transformation from an air structure part builder to a company capable of designing, manufacturing and supporting aerostructure products. This new capability will offer HAI excellent prospects for future growth and will increase the company’s competitiveness. Furthermore, HAI will have the opportunity to participate in collaborations and consortiums worldwide as a strategic partner in the designing and development sectors such as research and technology.

Bernhard Gerwert, CEO of Military Air Systems, an integrated business unit of EADS Defence & Security, said: “EADS will support HAI to acquire its own design capability in true partnership. This is a significant step forward for HAI and will not only improve its competitiveness but will also expand its potential for future business activities.”

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