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Boustead Heavy unit in deal with Airbus

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Boustead Heavy unit in deal with Airbus

Post by hlk Thu 08 Dec 2011, 19:43

Boustead Heavy Industries Corp, a Malaysian shipbuilding and engineering group, said a sub-unit signed an agreement with Airbus SAS to manufacture parts for A400M’s cargo-loading systems.

The deal is initially likely to exceed RM100 million and potentially rise to RM500 million over 10 years, Boustead Heavy said in a Kuala Lumpur exchange filing today. -- Bloomberg

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