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Finmeccanica and AgustaWestland JV in Libya in the aeronautics and security systems sector

Rome, Italy - EUR 80 million contract signed for ten A-109 Power helicopters

"Finmeccanica, AgustaWestland and the Libyan Company for Aviation Industry have signed an agreement to form a joint venture called the Libyan Italian Advanced Technology Company (LIATEC). LIATEC will be 50%-owned by the Libyan Company for Aviation Industry, with Finmeccanica and AgustaWestland holding 25% each. The two Italian shareholders will provide know-how, training, technology and equipment,...

fra/pec - 134511
Rome, Italy, 01/17/2006 13:40
AVIONEWS - World Aeronautical Press Agency

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