+------------------------------------------------------------------------------+
Germany Re-Evaluating EU7b Airbus Helicopter Order: Spiegel 2014-06-01 09:54:23.72 GMT
By Alex Webb June 1 (Bloomberg) -- Germany is reviewing the memorandum of understanding for the EU7b order, Spiegel says, without saying where it got the information. * Deal also includes 18 naval variants for further EU915m euros * Operating costs for these could be twice as high as current Sea King helicopters, government report found * Germany has told Airbus to find viable solutions * No resolution expected before 2016 * NOTE: Feb. 20: German Defense Minister Fires Deputy in Arms Procurement Drive * NOTE: Jun. 26: Merkel Coalition Back Cut in Tiger, NH90 Helicopter Orders
For Related News and Information: First Word scrolling panel: FIRST<GO> First Word newswire: NH BFW<GO>
To contact the reporter on this story: Alex Webb in Munich at +49-89-24447-8802 or awebb25@bloomberg.net To contact the editor responsible for this story: Simon Thiel at +44-20-7673-2814 or sthiel1@bloomberg.net