Department of Defense Exercises Contract Options
Leonardo sold a batch of 36 TH-73A helicopters to the United States Department of Defense, adding to a previous U.S. Navy contract for their Advanced Helicopter Training System. The $159.4 million firm fixed-price modification exercises options in the original deal, as well as their requisite spares and equipment. The Leonardo affiliate AgustaWestland Philadelphia corporation was given its first contract in January 2020 to begin production and delivery of 32 of the TH-73A helicopters, which included spares, support, equipment, and training services.
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