Helicopter maker AgustaWestland awarded two MoD contracts
29 Jan 2014:
Ministry of Defence contracts worth £760m involve conversion and
maintenance of helicopters and will secure about 1,000 jobs
Ministry of Defence contracts worth £760m involve conversion and maintenance of helicopters and will secure about 1,000 jobs
The Ministry of
Defence says the work will be carried out by AgustaWestland at its three
sites at Yeovil, Suffolk and Hampshire. Photograph: SWNS.com
AgustaWestland, the helicopter unit of Finmeccanica, has won two contracts from Britain's Ministry of Defence worth a total of about €910m (£760m), the Italian defence group said on Wednesday.
One contract concerns the conversion of 25 AW101 Merlin helicopters for maritime operations, Finmeccanica said in a statement. These will replace Britain's Sea King Mk4 helicopters that will go out of service in 2016.
Under the second contract, AgustaWestland will provide support and maintenance services for the ministry's fleet of Apache AH Mk1 attack helicopters for five years.
The announcement is a welcome respite for the company, which warned earlier this month that it might cut jobs after India cancelled a deal to buy 12 AW101 helicopters over what it termed a breach of integrity.
The MoD said the work would be carried out by AgustaWestland at its three sites at Yeovil, Suffolk and Hampshire, sustaining as many as 537 jobs.
It will also protect a further 500 jobs in the supply chain at British sites operated by GE Aviation, General Dynamics, Finmeccanica's Selex unit and APPH Aviation Services, a unit of aircraft services firm BBA Aviation.
The defence secretary, Philip Hammond, said: "The UK defence industry makes an important contribution to the economy, generating revenue of over £22bn each year and its highly-skilled workforce plays a crucial part in growing our economy."
COPY http://www.theguardian.com/
One contract concerns the conversion of 25 AW101 Merlin helicopters for maritime operations, Finmeccanica said in a statement. These will replace Britain's Sea King Mk4 helicopters that will go out of service in 2016.
Under the second contract, AgustaWestland will provide support and maintenance services for the ministry's fleet of Apache AH Mk1 attack helicopters for five years.
The announcement is a welcome respite for the company, which warned earlier this month that it might cut jobs after India cancelled a deal to buy 12 AW101 helicopters over what it termed a breach of integrity.
The MoD said the work would be carried out by AgustaWestland at its three sites at Yeovil, Suffolk and Hampshire, sustaining as many as 537 jobs.
It will also protect a further 500 jobs in the supply chain at British sites operated by GE Aviation, General Dynamics, Finmeccanica's Selex unit and APPH Aviation Services, a unit of aircraft services firm BBA Aviation.
The defence secretary, Philip Hammond, said: "The UK defence industry makes an important contribution to the economy, generating revenue of over £22bn each year and its highly-skilled workforce plays a crucial part in growing our economy."
COPY http://www.theguardian.com/
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