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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 2012

Annual2011/12
Foreign Debt $65.562bn
Per Cap Income $1,372
GDP Growth 3.7%
Average CPI 10.08%
MonthlyApril
Trade Balance $-1.779 bln
Exports $2.130 bln
Imports $3.909 bln
WeeklyMay 20, 2013
Reserves $11.601 bln