Friday, October 19, 2007
Navy's C-295 Aircraft Deal Confirmed
The navy agreed to acquire three C-295 maritime surveillance aircraft plus options for five more, EADS said in a press release. The deal is for one more plane than initial reports said (see the Sept. 15 post). The C-295s will be equipped with the Fully Integrated Tactical System (FITS), which is capable of handling patrol, attack and other roles. One of those is anti-submarine warfare. At least one of the new planes won't be armed, but rather equipped for solely for patrol and search and rescue. The deal is valued at $120 million, including anti-ship missiles and torpedoes, reports said. Deliveries are set for 2009. The navy looked into upgrading its P-3 Orions, but the cost was too high. The cost of the deal was put at $120 million.