Finmeccanica to Supply 12 M-346 Trainer Aircraft to Singapore
- Contract is Worth Approximately EUR 250 Million
The delivery of the first aircraft is expected in 2012. Successively, together with ST Aerospace, Alenia Aermacchi will make a contribution to ITS (Integrated Training System) activities and to supporting the fleet.
US Aerospace Supply - Chain Management Solutions Market
This contract confirms the superior qualities of the Aermacchi M-346 aircraft, which is gaining increasing consensus on the major international markets, testifying to the technological excellence of Finmeccanica's aeronautics companies. The M-346's success is also a result of close collaboration between the Italian government and the defence industry.
Chairman and CEO of Finmeccanica, Pier Francesco Guarguaglini, said: "The selection of the M-346 by the Singaporean government represents a huge success for the Italian high-tech industry and confirms the international supremacy of this aircraft. We are especially proud to be chosen by an air force such as Singapore's, which is well-known for being one of the most sophisticated in the world, with extremely careful and precise selection processes. The selection of the M-346 by Singapore paves the way for new successes in other global markets, where important campaigns are already under way."
Source : Finmeccanica