OCCAR and MBDA have launched the HYDIS² concept phase. (MBDA)
The Organisation for Joint Armament Cooperation (OCCAR) and MBDA announced on 15 May that they signed a European Defence Fund (EDF) grant agreement and a linked procurement contract to launch the three-year HYpersonic Defence Interceptor Study (HYDIS²) concept phase on the same day. MBDA signed the agreements on behalf of the 19 industrial partners in HYDIS². In its press release, OCCAR valued the programme at EUR140 million (USD152 million), EUR80 million of which is co-funded by the EDF.
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