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AgustaWestland Signs A EUR 100 Million Contract - AgustaWestland signs a EUR 100 million contract with Milestone Aviation Group for eight helicopters - Finmeccanica.com
AgustaWestland Signs A EUR 100 Million Contract

 

PRZOOM - /newswire/ - Rome, Italy, 2014/02/27 - AgustaWestland signs a EUR 100 million contract with Milestone Aviation Group for eight helicopters - Finmeccanica.com. FNC IM; SIFI.MI

   
 
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AgustaWestland, a Finmeccanica company, signed a contract valued at approximately EUR 100 million with Milestone Aviation Group to supply five AW139 and three AW189 helicopters. The contract, signed at Heli-Expo, held in Los Angeles, California, is part of the companies framework agreement that, if fully executed, would amount to 44 helicopters to be delivered over the next four years.

The new order further strengthens the relationship with Milestone Aviation Group which has already taken delivery of 31 AgustaWestland helicopters, currently on lease to operators in Asia, Australia, Europe and America serving the offshore oil and gas, emergency medical service and search and rescue markets.

With this last contract, rises to EUR 360 million the value of the contracts signed by AgustaWestland at Heli Expo, the most important helicopter exhibition worldwide.

This contract further confirms the competitiveness of the AgustaWestland family of new generation helicopters (AW139, AW189 and AW169 models) on the global market and its success also among large fleet operators in helicopter leasing.

About Finmeccanica

Finmeccanica North America (finmeccanica.com) is headquartered in Washington D.C. and is the United States representative of Finmeccanica S.p.A. From the military to the commercial sectors to land, sea and outer space, our group makes products designed to protect our freedom and empower the nation.

These two important contracts - announced by The Rt. Hon Philip Hammond MP, Secretary of State for Defence, during a visit to AgustaWestland’s factory in Yeovil, England - confirm the leadership of Finmeccanica in competing successfully in the global market and in serving effectively and efficiently our customers, with a unique combination of best products, services and customised modernisation programmes.

 
 
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Agency / Source: Finmeccanica North America

 
 

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AgustaWestland Signs A EUR 100 Million Contract

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AW189 | Finmeccanica Finance S.A
Contact: Press Office - Finmeccanica.com 
+39 06 32473313 ufficiostampa[.]finmeccanica.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Finmeccanica North America securities in any jurisdiction including any other companies listed or named in this release.

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