Finance
UK signs $213 million helicopter maintenance deal with Leonardo
UK signs $213 million helicopter maintenance deal with Leonardo
Published by Global Banking and Finance Review
Posted on April 1, 2025
Published by Global Banking and Finance Review
Posted on April 1, 2025
LONDON (Reuters) - Britain handed Italian defence company Leonardo a 165 million pound ($213 million) contract extension on Tuesday to maintain the Royal Navy's fleet of 54 Merlin helicopters, a deal which it said would help support 1,000 jobs across the country.
($1 = 0.7730 pounds)
(Reporting by Sachin Ravikumar, writing by Sarah Young)
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