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France says orders 34 NH90 helicopters from NHIndustries

Published May 29, 2013 Updated May 29, 2013 03:55pm

1 min

By Muhammad Iqbal

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PARIS: France has signed a deal to buy 34 twin-engine, medium-sized NH90 military helicopters from the NHIndustries joint venture, the Defence Ministry said on Wednesday.

NHIndustries is 62.5 percent owned by EADS helicopter unit Eurocopter, 32 percent owned by Italian defence group Finmeccanica's AgustaWestland unit and 5.5 percent owned by Stork Fokker.

The unit price of the NH90 is 28.6 million euros, according to a French Senate report, giving the deal a total value of around 972.4 million euros ($1.26 billion).

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