Spain Orders Taurus Missiles

Taurus KEPD 350 EADS reports that the Spanish SENER company, acting as the prime contractor for Spain’s Taurus program, has contracted for 43 operational Taurus KEPD 350 medium-range precision attack cruise missiles, plus mission planning and support for weapons integration with Spain’s EA-18A* Hornets and Eurofighter aircraft. The contract award was based on the decision taken by the Spanish Council of Ministers in June 2005. Costs for this finalized deal were not mentioned – but DID can provide some guidance in this area, as well as insights into the Taurus missiles themselves, their key competitors on the international market, and the new export opportunities this contract may create for EADS/LFK. Taurus on EF-18(click to view full) While cost figures were not given for the Spanish contract, a target unit price of $675,000 has been reported for Taurus; integration and related services would add additional costs, which would depend on the specific deal worked out between the parties. Given the importance of furthering KEPD 350 integration with additional platforms beyond Germany’s Tornado IDS aircraft, however, Spain was in a good position to negotiate a favorable deal. As LFK’s Managing Director Werner Kaltenegger noted: “Being the first export customer, Spain is of […]