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27/01/2009

NI Firm Secure £200m Defence Contract

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Enterprise Minister Arlene Foster has welcomed Thales Air Defence's announcement of a £200 million contract with the UK Ministry of Defence (MoD).

Belfast-based Thales, an employer of over 500 people in Northern Ireland and a longstanding client of Invest Northern Ireland, will deliver the Air Defence Availability Project (ADAPT) in support of the Starstreak High Velocity Missile (HVM) system to the MoD until 2020.

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Speaking during the announcement at the company’s premises in Castlereagh, the Minister said: "Thales is a highly innovative local company with a strong external sales focus and globally recognised reputation. Significant R&D support from Invest NI has been instrumental in helping the company position itself at the forefront of technological capability, leading to this latest major deal."

Ms Foster added: "This contract is good news for the Northern Ireland economy during what is a challenging period for all sectors. It will generate significant additional value and see Thales continue to provide high quality employment well into the future."

(PR/JM)

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