SPACE WIRE
EADS to win 3-billion-euro contract for 30 Ariane-5 rockets
PARIS (AFP) May 10, 2004
The European Aeronautic Defence and Space Company is set to win a contract worth three billion euros (3.6 billion dollars) with Arianespace for 30 Ariane-5 rockets, an EADS spokesman said Monday.

The contract is to be signed later Monday in the presence of German Chancellor Gerhard Schroeder at the ILA air show near Berlin, he said.

EADS holds a stake of about 20 percent in Arianespace which operates and markets the Ariane line of rockets used to launch satellites.

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