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Greece’s EAB signs US Air Force deal June 9, 2007

Posted by grhomeboy in Business & Economy.
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The Hellenic Aerospace Industry – EAB yesterday signed one of the most important agreements in its history, undertaking a program toward the structural and electronic upgrade of F-16 fighter jets, known as CCIP, of the United States Air Force stationed in Europe, prompting optimism in the government about the Greek industry’s future.

“We are very proud of the course and the work of the biggest defense and aerospace company in our country,” said Economy and Finance Deputy Minister Petros Doukas, who was present at the signing of the agreement. “As you know, EAB has once again proven its worth as a company with international prospects and prestige now that this contract has been signed. I am particularly happy that a firm like EAB with such diverse and significant activities is further enriching its strategic partnerships and is claiming an even greater share from the international market without just limiting itself to the needs of the local market,” said Doukas.

Signing the contract yesterday were EAB CEO Tassos Philippakos and Colonel and Director of the Greek-US Defense Cooperation Office Stavros Boukidis in the presence of US Ambassador in Athens, Charles Ries, and other embassy officials.

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