All Stories
Follow
Subscribe to Thielert AG

Thielert AG

Thielert wins additional defense technology contracts

General Atomics extends development contracts with Thielert
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
Thielert AG wins additional contracts from its US customer General
Atomics Aeronautical Systems, Inc. (GA-ASI). As part of the ER/MP
(Extended Range/Multi Purpose) program for the US Army, the current
contract for the year 2006 was increased by 50 percent. This increase
consists of additional developments to the engine for the unmanned
aerial vehicle (UAV) "Warrior". Thielert is the exclusive engine
supplier for this program.
"The new order from GA-ASI within the ER/MP program means continued
growth for us in the defense technology market," said Frank Thielert,
CEO at Thielert AG. "The Warrior UAV is now also under discussion for
further military and civilian programs. Thanks to our diesel piston
aircraft engines the Warrior is already able to fly using the single
military fuel to be introduced in the future. In addition, our
engines have civil aviation certifications and a high level of
technological development with over 300,000 accumulated flying
hours," added Thielert. Civil aviation certifications are becoming
more and more important for drones like the Warrior because they are
also used in civil airspace. In a study, the US General
Accountability Office (GAO) approved the aviation-certified
technology of Thielert engines as being fully ready to operate in US
drone programs and gave them the highest "Technology Readiness
Level". This is a unique selling proposition of Thielert diesel
piston aircraft engines. In a further study, the GAO recommended the
use of the Warrior UAV in all military services.
General Atomics Aeronautical Systems, Inc. is one of the world’s
leading manufacturers of UAV. As part of the ER/MP UAV program for
the US Army, GA-ASI was approved to develop the Warrior UAV. The
Warrior UAV is the heavy-fuel version of the famous MQ-1 Predator,
and will be used by the US Army for long-term observations, as a
communications station and in supply missions.
Ticker symbol Bloomberg: T3C GY (XETRA)
Ticker symbol Reuters: T3CGn.DE (XETRA)
end of announcement                               euro adhoc 07.11.2006 11:57:12

Further inquiry note:

Sebastian Wentzler
Head of Corporate Communications
Telefon: +49(0)40/696950-35
E-Mail: press@thielert.com

Branche: Market research
ISIN: DE0006052079
WKN: 605207
Index: SDAX, CDAX, Prime All Share, Classic All Share
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

Original content of: Thielert AG, transmitted by news aktuell

More stories: Thielert AG
More stories: Thielert AG