Leonardo, Avio Aero, Lockheed sign 380 million euro contract with Italy’s air force

FILE PHOTO: Leonardo's logo

MILAN – Italy’s Defence Ministry has given its green light to a 380 million euro ($425.94 million) contract with a consortium of companies including Italian aerospace and defence group Leonardo, aero-engine parts maker Avio Aero and U.S weapons maker Lockheed Martin Aeronautics.

The contract has a 5-year duration and comprises of logistical, engineering and technical support to Italy’s Air Force’s C-130J aircraft fleet, a joint press release said.

($1 = 0.8921 euros)

(Reporting by Francesca Landini, editing by Giulia Segreti)

Reuters

Related posts

Majority of New Jersey Residents are Struggling Financially According to Poll

New Jersey Files Charges Against GOP Chairman Over $382 Tax Fraud

Phil Murphy beefs up security for lawmakers after Tim Walz appointee goes on shooting spree in Minnesota