Eurocopter and PT. Dirgantara Indonesia sign Teaming Framework Agreement

(Jakarta, Indonesia, November 23, 2006) -- Today, executive representatives of Indonesia's aeronautic company PT. Dirgantara Indonesia (PTDI) and Eurocopter, world leader in civil and parapublic helicopters, signed a Teaming Framework Agreement at Indodefence exhibition in Jakarta, Indonesia. The future cooperation is planned to go beyond industrial processes and to comprise the joint marketing of the whole Eurocopter range to any kind of governmental entities in Indonesia. Philippe Harache, Executive Vice President of Eurocopter's Customer Department, together with Mr. M. Mochajan, Acting President Director PT. Dirgantara Indonesia said after the signature ceremony: "The trustful cooperation between PTDI and Eurocopter goes back more than three decades. Apart from its industrial assets, PTDI offers us a strong network in the Indonesian market, a well-established infrastructure and close insight into market developments". "By means of the new teaming framework agreement, PTDI profits from our undisputedly leading product portfolio and optimal use of existing service and production facilities, laying the path for successful growth with Eurocopter", Harache added. Both partners intend to use synergies to succeed in upcoming procurement programmes such as the Police tender for mid-size helicopters, new Army Aviation Training and transport helicopters, Navy Anti Submarine Warfare as well as Combat Search and Rescue helicopters. The scheme of industrial relations will be defined in accordance with the Indonesian government. Consequently, following the volume of helicopters procured by the Indonesian government, the percentage of local contents in PT. Dirgantara Indonesia will evolve.

Source: Eurocopter
Date: Nov 23, 2006

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