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AgustaWestland To Reap $1.2 Billion From U.K. Helicopter Upgrades

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AgustaWestland To Reap $1.2 Billion From U.K. Helicopter Upgrades
U.K. Army Air Coprs Apache Attack Helicopter Photo: U.K. MoD

Finmeccanica’s AgustaWestland on Wednesday received two contracts totaling about $1.2 billion from the U.K. Ministry of Defense to upgrade AH-64 Apache and Merlin helicopters, while supporting the economy. A five-year, $712 million contract will provide maintenance and support for the British Army’s AH-MK1 Apache attack helicopter from April 1 through March 31, 2019. The helicopter  is currently used on operations in Afghanistan. “The Apache IOS contract will deliver further efficiencies over the next five years, demonstrating our commitment to service…

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