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Thu, Jan 19, 2017

Leonardo Strengthens Its Position In The U.K.

Begins Operating As Leonardo MW

With the support of the U.K. Government Leonardo is ready to invest and grow its business in and from the U.K. committing to long-term innovative partnerships.

Leonardo continues to invest in on-shore research and development and its 7,100 U.K. employees, helping build the country's skills base and advancing exports.

“With the support of the U.K. Government, Leonardo is ready to invest and grow its business in and from the U.K., committing to long-term innovative partnerships,” said Mauro Moretti, CEO and General Manager of Leonardo at a press conference in London, following the amalgamation of Leonardo’s U.K. operations into a new, single entity Leonardo MW Ltd., the British pillar of Leonardo. The integration makes Leonardo MW Ltd., now home to more than 7,100 Britain-based employees, one of the U.K.’s largest high-tech engineering companies. Having researched, designed, built and supported technology on-shore in the U.K. for over 100 years, Leonardo is uniquely-placed to secure future domestic and export work and expand its business in the U.K.

Leonardo offers U.K.-designed and built aircraft, sensors and integrated systems serving air, land and sea-based customers, as well as offering expertise in cyber security. The new single entity, Leonardo MW Ltd., brings together AgustaWestland Ltd, Selex ES Ltd, Finmeccanica U.K. Ltd, and DRS Technologies U.K. Ltd., operating under the Leonardo brand. Norman Bone has been appointed as Chairman and Managing Director of the new company.

“We are extremely proud of our heritage in the United Kingdom”, Mauro Moretti added, referring to the two prestigious brands: Westland in helicopters; and Marconi in electronics, that inspired the name of the new company. “This heritage lives on today in a new single entity with a common identity that will continue the fruitful collaboration with the U.K. Armed Services that spans over 100 years.”

“In the U.K. Leonardo is uniquely placed to offer a full spectrum of capability across platforms, systems and sensors, providing integrated solutions and support for our customers in the air, land, maritime and cyber domains," said Norman Bone, Chairman and Managing Director of Leonardo MW Ltd. "We are now able to present a coherent face to our customers and stakeholders in the U.K., and to our export customers throughout the world, building upon the combined strengths of Leonardo as a whole.”

(Image provided with Leonardo Company news release)

FMI: www.leonardocompany.com

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