AgustaWestland, Oboronprom team up | Aviation International News

AgustaWestland, Oboronprom team up

Russian aerospace conglomerate Oboronprom has started “large-scale, long-term” cooperation with European manufacturer Agusta- Westland for helicopter distr

By Thierry Dubois • Writer

July 8, 2008

Russian aerospace conglomerate Oboronprom has started “large-scale, long-term” cooperation with European manufacturer Agusta- Westland for helicopter distribution, maintenance and production.

The cooperation was outlined in a letter of intent in the summer of 2007. In May the two companies and Loyd’s Investments, a Russia-based firm that specializes in marketing and sales of aviation products in Eastern Europe and the former Soviet Union area, signed a distribution agreement for 10 AgustaWestland helicopters. The resulting firm order, worth ?65 million ($100 million), is for two AW119 Kes, two AW109 Powers, four Grands and two AW139s.

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