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EIGHT JAPANESE FIRMS COMPETE TO DEVELOP NEW DEFENSE PLANES.

AsiaPulse News

| June 01, 2001 | COPYRIGHT 2001 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

TOKYO, June 1 Asia Pulse - Eight companies will compete for contracts to develop new patrol and transport planes for the Defense Agency, the companies said Thursday.

The projects mark the first time in 30 years that large aircraft are to be developed in Japan, with submissions due by the end of July.

Mitsubishi Heavy Industries Ltd. (TSE:7011), Kawasaki Heavy Industries Ltd. (TSE:7012), Fuji Heavy Industries Ltd. (TSE:7270), ShinMaywa Industries Ltd. (TSE:7224), Japan Aircraft Mfg. Co. (TSE:7407), Jamco Corp. (TSE:7408), Showa Aircraft Industry Co. (TSE:7404) and Shinko Electric Co. (TSE:6507) will vie for contracts.

The firms will propose rival plans for ...

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Source: HighBeam Research, EIGHT JAPANESE FIRMS COMPETE TO DEVELOP NEW DEFENSE PLANES.