Indian AF Signs EUR 560 M Contract For 12 AW101 Helicopters
[www.asd-network.com: 15 March 2010 ]
(March
11, 2010) -- AgustaWestland, a Finmeccanica company, is pleased to
announce that a contract has been signed by the Government of India for
the acquisition of twelve AW101 helicopters that will perform government
transport duties. The contract, valued at around EUR 560 million,
includes an extensive five year logistic support service and initial
aircrew and technician training. Over 180
AW101 helicopters have been
ordered by customers around the world so far to perform a wide range of
government, public service and military missions. The AW101 has logged
nearly 200,000 flight hours in service in Italy, UK, Denmark, Portugal,
Japan and Canada whilst delivering exceptional performance and high
levels of safety.
Giuseppe Orsi, CEO, AgustaWestland said "This significant order by the
Indian Air Force to meet its government transport helicopter requirement
confirms the correct vision and strategy of AgustaWestland in India.
Several years ago we identified India as one of the pillars of our
expansion strategy, from both the market and the industrial points of
view. Today we have a significant and growing presence in both the
military and commercial markets Additionally we now have strong
industrial relations with Tata Son, with whom we have established a
Joint Venture initially for the production of the AW119 Koala but soon
this will become a wider platform for our growth in the region. The
particularly good personal relations with Ratan Tata, who recently
visited AgustaWestland at Cascina Costa, will further enhance the joint
commitment to the expansion of the helicopter industry in India to
satisfy various requirements which are estimated to be valued at EUR5-6
billion in the short to medium term."