Alenia Aermacchi: Finalised Contracts With ST Aerospace
- Worth About EUR 170 M
- For the Logistic Support of the Fleet of 12 M-346s for the Republic of Singapore Air Force
The two contracts are expected to generate total sales in the range of EUR 170 million.
The Military Aircraft Modernisation, Upgrade & Retrofit Market 2013-2023
The first contract (Supply Chain Management) envisages the joint management of the M-346 suppliers by Alenia Aermacchi and ST Aerospace (after-sales support, including spare parts provisioning, repair and overhaul services) with sharing of risks, sales and profits between the two Companies.
The other contract (Operations & Support) concerns instead the supply by Alenia Aermacchi of engineering support, programme/contract management and field support services.
Alenia Aeronautica's CEO and Responsible for Finmeccanica's Aeronautics Sector has commented: "The two contracts on the logistics support of the 12 M-346 for Singapore confirm the success of the high-technology Italian industry and the primacy at international level of this aircraft and of its integrated training system. Once again we are particularly proud for the positive relationship with both the Republic of Singapore Air Force, known to be one of the most sophisticated Air Forces in the world, and our industrial counterpart, ST Aerospace."
Source : Alenia Aeronautica