Company News
PT DI Obtains Order from Ministry of Defense
Bisnis Indonesia, page T7, 2006-09-27
PT Dirgantara Indonesia (PTDI) has received a new contract worth Rp.125.4 billion from the Ministry of Defense to provide a unit of NC212-200 airplane, two units of NBO-105 helicopters, and one unit of NBELL-412 helicopter. The Navy and PTDI have already signed their first contract for one unit of NBO-105 helicopter and one unit of NBELL-412 helicopter worth Rp.87.4 billion. The second and third contract was signed September 18 2006, each stating the sale of a unit of NBO-105 helicopter, plus a unit of NC212-200 airplane and one unit of NBO-105 helicopter. Total contract value reached Rp.38 billion.
PT DI Needs US$ 75 Million to Produce 350 Units of N-219
Bisnis Indonesia, page T7, 2006-09-19
PT Dirgantara Indonesia (DI) needs an added working capital of around US$ 75 million (Rp.675 billion) to produce as much as 350 units of N-219 airplanes until 2025. Out of that amount, around US$ 55.24 million will be used for the development of model N-219. Other than that, US$ 3.54 million is needed for production investment, US$ 15.83 million for initial working capital, and US$ 0.48 million for production support.
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