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Finmeccanica AgustaWestland Signs an Agreement Worth About EUR 170 Million in China - AgustaWestland has announced the signing of a distributorship agreement with Sino-US Intercontinental Helicopter Investment Co., Ltd during the China Helicopter International Exposition in Tianjin, China - Finmeccanica.com
Finmeccanica AgustaWestland Signs an Agreement Worth About EUR 170 Million in China

 

PRZOOM - /newswire/ - Tianjin, China, 2013/09/05 - AgustaWestland has announced the signing of a distributorship agreement with Sino-US Intercontinental Helicopter Investment Co., Ltd during the China Helicopter International Exposition in Tianjin, China - Finmeccanica.com. FNC IM; SIFI.MI

   
 
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The agreement also includes a contract for twenty helicopters of various models comprising the AW119Ke, GrandNew, AW169, AW139 and AW189. The order is valued about EUR 170 million. These aircraft will satisfy a range of mission requirements, including VIP transport duties.

The distributorship agreement further strengthens the presence of the GrandNew and AW139 models in China and marks the entrance of the AgustaWestland Family of new generation helicopters with the addition of the state-of-the-art AW169 and AW189.

Prior to this latest contract AgustaWestland had already sold more than 40 helicopters in China to perform a wide range of roles including passenger and VIP transport, law enforcement, disaster relief, fire fighting and maritime patrol. With the distributorship agreement AgustaWestland is well positioned to benefit from the growing range of opportunities expected in China in the future.

About Finmeccanica

Finmeccanica (finmeccanica.com) is Italy's main industrial group, leader in the high technology field, and ranks among the top ten groups at world level in the Aerospace, Defence and Security sectors. Listed on the Milan Stock Exchange (FNC IM; SIFI.MI), with revenues of approximately 17 billion Euro, over 68,000 employees, 150 operating and commercial locations and 345 production facilities in 50 different countries world-wide, Finmeccanica is an international and multicultural group with an important presence in its four domestic markets: Italy, United Kingdom, the United States and Poland. Finmeccanica's success is based on its technological excellence, which springs from conspicuous investments in Research & Development (amounting to 12% of the revenues), and the constant efforts it makes to develop and integrate the skills, know-how and values of its operating companies. Finmeccanica is active in the following sectors: Helicopters (AgustaWestland), Defence Electronics and Security (Selex ES, DRS) and Aeronautics (Alenia Aermacchi) which represent its core business and it is also well positioned in the sectors of Space (Telespazio, Thales Alenia Space), Defence Systems (Oto Melara, WASS, MBDA), Energy (Ansaldo Energia) and Transportation (Ansaldo STS, AnsaldoBreda, BredaMenarinibus).

 
 
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Agency / Source: Leonardo S.p.a.

 
 

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Finmeccanica AgustaWestland Signs an Agreement Worth About EUR 170 Million in China

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AW119Ke helicopters | Finmeccanica
Contact: Press Office - Finmeccanica.com 
202-292-2620 ufficiostampa[.]finmeccanica.com
 
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