Alenia Aermacchi Finalised Contracts with ST Aerospace Worth About EUR 170 Million for the Logistic Support of M-346

27 Juni 2011

M-346 fighter trainer aircraft (photo : FlightGlobal)

Alenia Aermacchi: finalised contracts with ST Aerospace worth about EUR 170 million for the logistic support of the fleet of 12

Alenia Aermacchi – a company of Finmeccanica’s Aeronautics Sector led by Alenia Aeronautica – has finalised with ST Aerospace the logistics support contracts for the 12 M-346 trainers sold at the end of September 2010 in the context of the Fighter Wings Course programme of the Republic of Singapore Air Force.

The two contracts are expected to generate total sales in the range of EUR 170 million.

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, Mr. Giuseppe Giordo, 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.”

(AleniaAermacchi)