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Italy's Finmeccanica unit Alenia has won a deal worth about 1 billion euros ($1.3 billion) to provide the United Arab Emirates with 48 M-346 military training aircraft. "Alenia will supply the UAE air force and air defence with 48 aircraft to cover the requirements of lead and combat air support," said Major General Obaid al-Ketbi, chairman of the IDEX defence exhibition in Abu Dhabi.
Ketibi did not give the value of the deal, but an Alenia official told Reuters it would be in excess of 1 billion euros. "Final contractual agreements will be signed very soon," Ketbi said. Alenia was competing with BAE Systems and a South Korean firm to supply the aircraft.
2 comments:
If this is true, it is a real blow for Korea Aerospace Industries, who was bidding against the Italian aircraft with its Golden Eagle.
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Yes it is a big blow for the Golden Eagle and Korea Aerospace Industries, but at the same time in words of Pier Francesco Guarguaglini, Chairman and CEO of Finmeccanica “The selection of the Alenia Aermacchi M-346 by the United Arab Emirates Government represents a huge success for the Italian high-tech industry” . “It is an endorsement of considerable strategic value for Finmeccanica, as it confirms the supremacy of this advanced next-generation trainer aircraft at international level and paves the way for further successes in the global markets, where others important campaigns are already under
way.
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