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NATO renews missile contract with Greece's Intracom

by Staff Writers
Athens (AFP) Feb 17, 2009
NATO subsidiary NAMSA renewed its contract with Greek electronics firm Intracom for the maintenance of its European arsenal of Patriot missiles, the company announced on Tuesday.

The contract covered the maintenance of Patriot air-defence missiles in Germany, Greece, the Netherlands and Spain, said the statement from Intracom Defense Electronics.

Intracom did not say how much the contract was worth, but its first three-year contract with the NATO Maintenance and Supply Agency, signed in November 2006, was worth five million euros (6.3 million dollars).

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Analysis: European defense contracts
Brussels (UPI) Jan 26, 2009
French arms exports soared by almost 15 percent in 2008, the French government announced earlier this month. France hopes to further boost its international arms exports by finally creating overseas demand for its long-criticized Rafale fighter jet, manufactured by Dassault.







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