July 2, 2018 / 8:11 AM / a year ago

Finland to extend Thales defence maintenance contract

FILE PHOTO: The logo of French defence and electronics group Thales is seen at the company's headquarters in Neuilly, near Paris, May 20, 2008. REUTERS/Charles Platiau/File Photo

HELSINKI (Reuters) - Finland will extend until 2023 an agreement with French defence electronics group Thales (TCFP.PA) for the maintenance of remote and centralized control of equipment fleets, the defence ministry said in a statement on Monday.

The agreement is part of a wider air defence maintenance framework, the ministry said, adding the total value for the contract stood at up to 20 million euros during 2018-2023.

The maintenance work will include KAVA, a stationary radar system for remote control and overhead elevation and KEVA2010, a radar system from Thales 2009, which constitutes the airborne control hull.

Reporting by Luiza Ilie; Editing by Toby Chopra

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