While getting closer to the deadline for the submission of expressions of interest for the purchase of its business complexes, Piaggio Aerospace is awarded a new contract worth approximately € 125 million: The Italian manufacturer, in extraordinary administration since the end of 2018, has announced today the signing of an agreement with the Ministry of Defence for the maintenance of the entire fleet of the P.180 currently operated by the various Armed Forces: Air Force, Navy, Army and Carabinieri. The agreement provides in particular that the Italian Manufacturer will guarantee for nine consecutive years the Integrated Logistic Support for the P.180 aircraft owned by the Ministry of Defence. Among the planned activities: scheduled and unscheduled maintenance, the supply of engineering services to ensure the continuous airworthiness of the fleet and the supply of spare parts. The aircraft are mainly used for transport activities, ambulances, flight inspection and training. "The contract signed today allows us to further strengthen Piaggio Aerospace distinctive positioning in the maintenance of both aircraft and aircraft engines, a sector that sees the company competing with the main international operators", commented Vincenzo Nicastro, Extraordinary Commissioner of Piaggio Aerospace. "This is a new important step forward in the project to create a single national hub for the maintenance of the aircraft of the Italian Armed Forces and a further step in the process of relaunching the company, which will shortly see the closure of the first phase of the international tender". Piaggio Aerospace goes to potential buyers, who have until 29 May to submit their Expressions of Interest, with a significant order book. With the contract announced today, the value of the firm order backlog rises to 640 million.
BlackSky Technology Inc. has signed a seven-year contract worth over $100 million with a long-term strategic partner in the international…
Malaysia will equip one of its Lekiu-class frigates with the Naval Strike Missile (NSM), an anti-ship surface-to-surface missile developed by…
The U.S. Army has awarded L3Harris Technologies full-rate Manpack and Leader radio production orders under the Handheld, Manpack & Small…
L3Harris recently attached an advanced multirole electronic warfare (EW) capability to a T7 robot and demonstrating it at Vanguard 2024,…
Airbus Helicopters secured 455 gross orders (450 net) in 2024, demonstrating robust market growth with notable demand for its light,…
Piaggio Aerospace, encompassing Piaggio Aero Industries and Piaggio Aviation, has signed a preliminary contract to transfer its business complexes to…
Calian Group Ltd. has announced the appointment of Major-General (Ret.) Roch Pelletier to the newly established position of Regional Vice…
Airnguru, a provider of airline fare management and pricing optimisation solutions, has announced significant financial progress and growth milestones. The…
AMMROC, a UAE-based provider of military maintenance, repair, and overhaul (MRO) services, has signed a Memorandum of Understanding (MoU) with…
The Israel Ministry of Defense (IMOD has signed a contract worth about $80 million with Elbit Systems for the development…
As part of the Italy-Saudi Arabia institutional round table, ELT Group has signed Memoranda of Understanding (MoU) with SAMI Advanced…
Leonardo, Saudi Arabia's Ministry of Investment (MISA), and General Authority for Military Industries (GAMI) have signed a Memorandum of Understanding…
Airbus delivered 766 commercial aircraft to 86 customers around the world in 2024. The commercial aircraft business registered 878 gross…
The Royal Malaysian Air Force (RMAF) has concluded the Service Life Extension Programme (SLEP) for its fleet of Sukhoi Su-30MKM…
Kongsberg Maritime has secured a contract to deliver propulsion and manoeuvring systems for two new KCR-70 Fast Attack Craft (FAC)…
Representatives from KNDS Deutschland, KNDS France, Rheinmetall Landsysteme, and Thales gathered in Paris to formalise the creation of the "MGCS…
ST Engineering's Commercial Aerospace business has signed a five-year CFM LEAP engine maintenance, repair and overhaul (MRO) contract with new…
Embraer is working with Florida Power & Light Company (FPL) to expand the use of renewable energy at its U.S.…
The use of the combat-proven Rafael Spyder air defence system in the ongoing war in Israel has created interest in…
The delivery of Elbit Systems PULS artillery systems and the company's Hermes -900 UAV to Serbia is expected to begin…
Indonesian private defence firm PT Sentra Surya Ekajaya (PT SSE) has introduced a new version of its P2 Tiger 4×4…
Schiebel has been awarded a new multi-year contract by the European Maritime Safety Agency (EMSA) to provide services using the…
BlackSky Technology Inc. has shipped its first Gen-3 satellite to launch provider Rocket Lab. The satellite is scheduled to be…
SITA and Cathay Pacific have entered a new agreement aimed at significantly boosting network bandwidth at Cathay Pacific’s airports. The…
Lockheed Martin has been awarded a $270 million contract by the U.S. Air Force to integrate next-generation infrared defensive sensors…
Malaysia Airlines, in collaboration with Mercedes-Benz Malaysia (MBM), has launched a Private Terminal Transfer Service aimed at providing seamless and…
Fly Jaya, a new entrant in Indonesia’s aviation industry operated by PT Surya Mataram Nusantara, is set to launch domestic…
The first Austrian Airlines Boeing 777-200ER equipped with AeroSHARK surface technology has successfully completed its maiden flight. The long-haul aircraft…
Vietnam and South Korea are reportedly finalising an agreement for the acquisition of 20 K-9 Thunder self-propelled howitzers (SPH) for…
The Royal Thai Air Force (RTAF) is anticipating the final delivery of three AT-6TH Wolverine light attack aircraft by April…
Headquartered in Singapore with reporters spread across all major regions, GBP Aerospace & Defence is a leading media house that publishes three publications that serve the aerospace and defence sector - Asian Defence Technology, Asian Airlines & Aerospace and Daily News. Known industry-wide for quality journalism, GBP Aerospace & Defence is present at more international tradeshows and exhibitions than any other competing publication in the region.
For over three decades, our award-winning team of reporters has been producing top-notch content to help readers stay abreast of the latest developements in the field of commercial aviation, MRO, defence, and Space.
Copyright 2024. GBP. All Rights Reserved.
Home Defence & Security Space Commercial Aviation Maintence Repair & Overhaul Daily News Events About Us
2025 GBP all rights reserved.