EADS signs a second time

The new contract regarding Romania”s integrated border security system renegotiated with the EADS Group was signed for a value of 524.5 million euros, compared with the sum of at least 650 million euros initially established, Interior and Administration Minister Vasile Blaga stated. He added the new version of the contract had done away with certain provisions, which overlapped with those agreed through the European programmes. “The elimination of overlapping allows us to get PHARE and Schengen funds of 450 million euros,” Blaga said. The former Government and the European aeronautics and defence group EADS concluded a contract whereby the group was to supply Romania with surveillance and security systems for its borders. Mediafax