Company Says No Cause For Contract To Be Canceled
AgustaWestland confirmed in a statement released to the media they have received from India’s Ministry of Defense a notification concerning the appointment of an arbitrator from its side, as requested by AgustaWestland on November 25 and December 4, 2013, as well as a termination notice of the agreement for the supply of 12 VVIP/VIP helicopters, consistent with yesterday’s press announcement by the Indian Ministry of Defense.