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Leonardo, Avio Aero, Lockheed sign 380 million euro contract with Italy's air force

Published 02/28/2022, 09:44 AM
Updated 02/28/2022, 09:46 AM
© Reuters. FILE PHOTO: The Leonardo logo is seen during celebrations for the 500th Eurofighter Typhoon produced by the European consortium at Caselle airport in Turin, Italy, April 11, 2017.  REUTERS/Stefano Rellandini
LMT
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MILAN (Reuters) - Italy's Defence Ministry has given its green light to a 380 million euro ($425.94 million) contract with a consortium of companies including Italian aerospace and defence group Leonardo, aero-engine parts maker Avio Aero and U.S weapons maker Lockheed Martin (NYSE:LMT) Aeronautics.

© Reuters. FILE PHOTO: The Leonardo logo is seen during celebrations for the 500th Eurofighter Typhoon produced by the European consortium at Caselle airport in Turin, Italy, April 11, 2017.  REUTERS/Stefano Rellandini

The contract has a 5-year duration and comprises of logistical, engineering and technical support to Italy's Air Force's C-130J aircraft fleet, a joint press release said.

($1 = 0.8921 euros)

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