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DGAP-News: OHB AG: MT Aerospace signs contracts for the development of the upper stage metallic tank of ARIANE 5 ME

June 25, 2014

DGAP-News: OHB AG / Key word(s): Incoming Orders OHB AG: MT Aerospace signs contracts for the development of the upper stage metallic tank of ARIANE 5 ME 25.06.2014 / 16:06 --------------------------------------------------------------------- MT Aerospace signs contracts for the development of the upper stage metallic tank of ARIANE 5 ME - New tank design will hold twice the propellant mass compared to today's ARIANE 5 ECA - New manufacturing technologies to improve production efficiency Augsburg, June 25, 2014. MT Aerospace AG, a subsidiary of the European aerospace and technology group OHB AG, received two contracts from Airbus Defence & Space, Prime Contractor of the A5ME launcher development programme, and from the European Space Agency ESA with a total value of 62.8 MEUR for respectively the development and further qualification of the metallic propellant tank of the new liquid upper stage of the ARIANE 5 Mid-life Evolution (A5 ME), and the related production facilities in Augsburg and Bremen. The A5 ME launcher will be the most powerful configuration of ARIANE 5 to date with a payload capacity of at least 12 tons to geostationary orbit, around 20% more than ARIANE 5 ECA (A5 ECA) today, and is on track to enter into service mid-2018. The new cryogenic tank will double the propellant capacity of the A5 ME upper stage to 28 tons of liquid hydrogen and liquid oxygen. With a compact 2-compartment design the new tank features a common bulkhead design, which will improve the dry mass ratio compared to the A5 ECA separate tank configuration with a minimum increase in length. Manufacturing facilities design accommodate some features enabling a future upgrade to the ARIANE 6 upper stage tank manufacturing needs that is presently design to preserve a good level of commonality with A5 ME. "With A5 ME, we are proud to introduce new manufacturing technologies to the ARIANE 5 program, such as spin-forming and friction-stir welding, with which we raise the production efficiency to a new improved level", said Hans J. Steininger, CEO of MT Aerospace. The first flight unit is scheduled for delivery in spring 2016. MT Aerospace is doing a very good job in managing this complex development and keeping the program on schedule", said Pier Domenico Resta, ESA Program Manager of the adapted A5 ME and Ariane 6 Upper Stage and Commonalities. "The new manufacturing technologies, developed by MT Aerospace, will reduce production steps and improve robustness of the production process". "This gives sound basis and strong motivation to keep working on production cost reduction in view of present challenges to competitiveness of the European launcher's Ariane on the market" adds Catherine Poncheval, A5ME Launcher Programme Manager within Airbus Defence & Space. About MT Aerospace MT AEROSPACE is an internationally renowned aerospace company with some 700 employees at locations in Augsburg, Mainz, Cagliari (Italy) and Kourou (French Guiana). As member of the European space and technology group OHB AG (Prime Standard, ISIN: DE0005936124) the company develops and produces essential components for the European launching system ARIANE 5, for satellites and other spacecraft as well as for the Airbus fleet. MT Aerospace is the technology leader in light weight construction using metal and composite materials and the largest supplier outside France to the ARIANE program, currently providing 10% of the components for the launcher. About Airbus Defence and Space Airbus Defence and Space is a division of Airbus Group formed by combining the business activities of Cassidian, Astrium and Airbus Military. The new division is Europe's number one defence and space enterprise, the second largest space business worldwide and among the top ten global defence enterprises. It employs some 40,000 employees generating revenues of approximately EUR14 billion per year. About ESA The European Space Agency (ESA) is Europe's gateway to space. Its mission is to shape the development of Europe's space capability and ensure that investment in space continues to deliver benefits to the citizens of Europe and the world. ESA is an international organisation with 20 Member States. By coordinating the financial and intellectual resources of its members, it can undertake programmes and activities far beyond the scope of any single European country. Contact: Investor Relations Martina Lilienthal Tel.: +49 421 - 2020-720 Fax: +49 421 - 2020-613 E-Mail: martina.lilienthal@ohb.de Corporate Communications Martin Stade Tel.: +49 421 - 2020-620 Fax: +49 421 - 2020-9898 E-Mail: martin.stade@ohb.de End of Corporate News --------------------------------------------------------------------- 25.06.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: OHB AG Karl-Ferdinand-Braun-Str. 8 28359 Bremen Germany Phone: +49 (0)421 2020 8 Fax: +49 (0)421 2020 613 E-mail: ir@ohb.de Internet: www.ohb.de ISIN: DE0005936124 WKN: 593612 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÜsseldorf, Hamburg, MÜnchen, Stuttgart End of News DGAP News-Service --------------------------------------------------------------------- 275206 25.06.2014


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Source: DGAP Corporate News


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