|Real-time Estimate - 01/26 03:59:51 pm|
Leonardo S p A : Airbus-Leonardo-GKN Fokker JV signs deal with German navy for 31 helicopters
|11/26/2020 | 01:48pm|
MILAN, Nov 26 (Reuters) - NHIndustries -- a joint venture between France's Airbus Helicopters, Italy's Leonardo and Britain's GKN Fokker -- has signed a contract for the procurement of 31 NH90 helicopters for the German armed forces.
The helicopter, dubbed Sea Tiger, will be used by the German navy from 2025, NHI said in a statement on Thursday.
Airbus Helicopters owns 62.5% of NHI, with Leonardo holding 32% and GKN Fokker 5.5%.
The contract was signed between NHI and a NATO agency for helicopter management, acting as the contracting authority for the German armed forces. (Reporting by Francesca Landini Editing by Alexandra Hudson)