Eurofighter plans to increase orders with international partners, boosting the European economy and the aerospace sector.
Eurofighter orders set to grow
Eurofighter anticipates an increase in its order book, both from partner nations and export customers. These new orders, in addition to those already confirmed by Germany and Spain, would support production lines and preserve know-how until the aircraft in the Future Air Combat System (SCAF) program are ready for mass production. This project is supported by an economic impact study carried out by Strategy&, affiliated to the PricewaterhouseCoopers (PwC) network, which examines the development, production and support of Typhoon-related activities in the four partner nations: the UK, Germany, Italy and Spain.
Economic scenarios for the Eurofighter program
The report presents two scenarios for the next decade: a baseline scenario, including recent orders from partner nations, and a growth scenario, also considering export opportunities. The baseline scenario would support a minimum production rate for a few years, but additional orders, both domestic and export, would be required. This scenario forecasts a contribution of €58 billion to the GDP of the four core nations’ economies, the generation of €14 billion in tax revenues for the respective governments, and the support of 62,700 jobs annually.
Growth and export potential
The growth scenario highlights the sales potential of around 200 Eurofighter Typhoons on domestic and export markets, with a programmed contribution of €90 billion to GDP, €22 billion in tax revenues generated, and over 98,000 jobs supported annually. Future export opportunities would mean that almost 30% of investment from core nations would return in the form of tax revenues.
Export prospects
The report suggests up to 74 new aircraft orders from domestic opportunities and 130 new export orders. Airbus had previously indicated that up to 100 new Tranche 5 aircraft would be needed to avoid a 10-year production hiatus until the SCAF enters service in 2040. As for export opportunities, after Germany lifted its veto, Saudi Arabia could acquire 48 new Typhoons, with Eurofighter also in discussions with Poland for the acquisition of one or two complete squadrons, and Turkey having expressed interest in 40 Typhoons.
Eurofighter anticipates a period of significant growth through new orders, both in domestic and export markets, which would not only support the European aerospace industry but also contribute substantially to the economies of partner nations.
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