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You are here: Home»World»Middle East»Finmeccanica unit wins $140mn contract in Israel

finmeccanica23MILAN: Italian defence group Finmeccanica said on Wednesday its Alenia Aermacchi unit had won a $140 million contract to provide logistical support for 30 of its advanced trainer aircraft ordered last year by the Israeli Ministry of Defence.

 

In a statement Finmeccanica said the contract had been awarded by Elbit Systems

 

The support services which include the supply, maintenance and overhaul of spare parts for 30 Israeli M-346 aircraft will be performed jointly with Elbit Systems.

 

Delivery of the first M-346 is expected in the middle of 2014, Finmeccanica said.

 

Center>Copyright Reuters, 2013


 



 
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Banking Review 2013


Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlySeptember
Trade Balance $-2.380 bln
Exports $2.181 bln
Imports $4.561 bln
WeeklyNovember 13, 2014
Reserves $13.268 bln