PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: Finmeccanica North America

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

New Contract for Finmeccanica's Helicopters Valued At 160 Million Euro - Finmeccanica has signed a contract for the sale of ten AW189 commercial helicopters to RN-Aircraft, a subsidiary of the oil company Rosneft - Finmeccanica.com
New Contract for Finmeccanica's Helicopters Valued At 160 Million Euro

 

NewswireToday - /newswire/ - Rome, Italy, 2015/07/20 - Finmeccanica has signed a contract for the sale of ten AW189 commercial helicopters to RN-Aircraft, a subsidiary of the oil company Rosneft - Finmeccanica.com. FNC IM; SIFI.MI

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

• The order for ten helicopters by RN-Aircraft is the result of the framework agreement signed in December 2014 with the Russian operator Rosneft
• Rosneft plans to order further helicopters, for a total of up to 160 units.

The contract, valued at around 160 million euro, foresees that the new helicopters will be used for transportation purposes.

Delivery of the aircraft is expected between 2015 and 2017. Moreover, as already set out in the framework agreement signed in December 2014 and with the involvement of Russian Helicopters, a subsidiary of Rostec corporation, Rosneft plans to order further helicopters by 2025, for a total of up to 160 units.

The parties also reached an agreement for the progressive restructuring of HeliVert, a 50-50 Finmeccanica-AgustaWestland and Russian Helicopters joint venture, which foresees the future participation of Rosneft, worth 30% of the shares. Subsequently, shares in HeliVert will be redistributed as follows: 40% to Finmeccanica-AgustaWestland, 30% to Russian Helicopters, 30% to Rosneft.

With Rosneft joining HeliVert, Finmeccanica will strengthen its industrial collaboration with its Russian partners and its commercial presence, by introducing a new product into the Russian market, which has already proven extremely successful globally.

Background information
With more than 150 helicopters already sold to customers worldwide, the 8.3/8.6 tonne AW189 is the most successful commercial helicopter in the new so-called ‘super medium’ category and is able to carry up to 19 passengers. Developed to respond the growing market demand for a modern multirole helicopter with large capacity and long range capability, the AW189 meets the latest and most stringent certification and safety standards.

About Finmeccanica

Finmeccanica (finmeccanica.com) is Italy’s leading manufacturer in the high technology sector and ranks among the top ten global players in Aerospace, Defence and Security. Listed on the Milan Stock Exchange (FNC IM; SIFI.MI), in 2014 Finmeccanica generated revenues of 14.6 billion Euro. With 273 locations and production facilities in 20 countries, Finmeccanica is a multinational and multicultural group which boasts a significant presence in four markets: Italy, the United Kingdom, the U.S. and Poland. Finmeccanica’s core business activities are in the following sectors: Helicopters (AgustaWestland), Defence Electronics and Security (Selex ES, DRS Technologies), Aeronautics (Alenia Aermacchi). The company also has a significant position in Space (Telespazio, Thales Alenia Space), Defence Systems (OTO Melara, WASS, MBDA) and Transportation (Ansaldo STS, AnsaldoBreda).

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Military/Defense/Homeland Security Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: Finmeccanica North America

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Military/Defense/Homeland Security articles,
CATCH Visitors via Your Competitors Announcements!


New Contract for Finmeccanica's Helicopters Valued At 160 Million Euro

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

AW189 | Finmeccanica
Publisher Contact: Press Office - Finmeccanica.com 
+39 06 32473313 ufficiostampa[.]finmeccanica.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
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.

Military/Defense/Homeland Security via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From Finmeccanica North America / Company Profile


Read Military/Defense/Homeland Security Most Recent Related Newswires:

GE Showcases Innovative and Efficient Solutions for International Workboat Show
Leonardo - Life Flight Network of US Orders Two Additional AW119Kx Helicopters
DCNS Announces Partnership with Indigenous Defence Consortium
Thales to Upgrade Collins Submarine with Latest Generation Sonar Systems
Leonardo Inaugurates New Maritime Navigation Support Centre At Izmit in Turkey
Leonardo to Exhibit At PMR Expo Following A String of Professional Mobile Radio Successes in 2016
First Royal Navy AW101 Merlin Mk4 Makes its Maiden Flight
Leonardo Wins Contract to Secure the Port of Pointe Noire in the Republic of Congo
Safran’s Sigma 30 Artillery Navigation and Pointing System Wins New Export Contract
Leonardo Demonstrates C-27J Capabilities in Latin America
DCNS/OpenHydro to Partner with PT AIR to Develop Indonesian Tidal Energy Industry
Leonardo's SAGE ESM Enters Service on Indonesian Air Force CN-235 Maritime Patrol Aircraft
DCNS Present At IndoDefence 2016
Leonardo Welcomes Raytheon's Selection of U.S Site to Assemble the Air Force Jet Trainer
New HE-MRO Centre will Support Indian Helicopter Operators

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  JobsWare.com

Visit  Triggr & Bloom





 
  ©2016 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)