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Here’s how Poland makes Leonardo (formerly Finmeccanica) celebrate

Here's how Poland makes Leonardo (formerly Finmeccanica) celebrate

PZL-Świdnik, Leonardo's subsidiary, wins a contract in Poland with a gross value of 8.25 billion zlotys (1.76 billion euros) for 32 AW149 multi-role helicopters for the Armed Forces

Maxi order from Poland for Leonardo's AW149s.

PZL-Świdnik, the Polish company wholly owned by Leonardo, has been awarded a contract worth a gross value of 8.25 billion zlotys (approximately 1.76 billion euros) from the Polish Ministry of Defense for the supply of 32 AW149 multi-role helicopters.

The contract was announced today during an official ceremony at the PZL-Świdnik plant, in the presence of representatives of the Polish government.

"The achievement of this contract today provides further proof of our ability to meet our commitments towards Poland, including the development of helicopter production activities and the local supply chain with returns for the Polish industry" commented the CEO. by Leonardo Alessandro Profumo.

The deliveries of the helicopters will be made in the period 2023-2029.

WHAT THE CONTRACT INCLUDES

The contract includes packages of logistic, training and simulation services, reports a note from the Piazza Monte Grappa group. Specifically, the logistics package includes spare parts and equipment for ground handling of the helicopters. The training and simulation package includes complete services for pilots and maintenance technicians and the delivery of advanced simulators and dedicated systems.

THE OBJECTIVE OF THE AW149 HELICOPTERS

In particular, the new helicopters will carry out missions such as troop transport and air support. The helicopter equipment will also allow for the evacuation of wounded, search and rescue in combat and the transport of supplies. The configuration of the helicopters, fully in line with the requirements of the Polish armed forces, also includes observation systems, light armament, guided / unguided rockets and missiles, self-protection systems. The armament, depending on the variant and configuration of the helicopter, can be installed in the cabin or as an external load.

THE PRESENCE OF LEONARDO IN POLAND

Furthermore, as prime contractor, PZL-Świdnik will build a local production line for the new helicopters. Leonardo will therefore make further investments in the Polish plant in addition to the total investments of approximately one billion euros already made since 2010. As the group explains, this is "an important contribution to the Polish aeronautical and defense industry".

Leonardo's presence in Poland is significant: the country, among other things, is also the second export customer (after Israel) for the M-346 trainer aircraft, a program that also paves the way for the pilot training activity of the International Flight Training School created in collaboration between Leonardo and Aeronautica Militare.

THE ESTIMATE OF BANCA AKROS

Returning to the contract for the 32 AW149, the order value exceeds analysts' estimates. In recent days, Banca Akros estimated that the contract could have been worth 1.1 billion euros. The sum is equivalent to about 7.7% of Leonardo's order acquisition target for 2022, Akros analysts reported.

POSITIVE THE LEONARDO TITLE IN PIAZZA AFFARI

And today's announcement triggers purchases for Leonardo's shares. As reported by MF , "Leonardo stock against the current with respect to the market (-0.37% the Ftse Mib index) and revved up in Piazza Affari with an increase of 2.71% at 9.94 euros (maximum intraday at 9 , 97 euros) "prompted by the news of the maxi contract in Poland.

THE AW149 IN POLE ALSO IN THE UK

Finally, Leonardo's AW149 helicopteris also well positioned for the UK's £ 1.2 billion New Medium Helicopter (NMH) program.

The UK officially launched the New Medium Helicopter (Nmh) program to purchase new military helicopters to replace the Royal Air Force's fleet of 23 Puma HC2s plus three more helicopter models by the middle of the decade.

On May 18, the Ministry of Defense published the tender for the acquisition of up to 44 new rotary-wing aircraft. Leonardo Helicopters hopes to secure the agreement by promoting the manufacture of the helicopters in Yeovil in Great Britain. Last year the group led by Alessandro Profumo pledged to invest in a new production line in Somerset should the British defense choose its new AW149 helicopters.


This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/smartcity/ecco-come-la-polonia-fa-festeggiare-leonardo/ on Fri, 01 Jul 2022 13:27:53 +0000.