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Leonardo: 380 mln EUR contract for maritime multirole helicopters with the Polish Ministry of National Defense 2019.05.01

Swidnik, Poland - April 26, 2019 - Leonardo announced today that it has signed a contract valued at approximately 380 mln EUR (1.65 bn PLN) that will significantly enhance the Polish Navy's helicopter capability. Through its fully owned Polish company and main industrial presence in the country, PZL-Swidnik, Leonardo will supply four AW101s and a comprehensive integrated logistics and training package to the Polish Ministry of National Defence. To further consolidate its presence and develop its business in Poland, Leonardo is establishing a new legal entity headquartered in Warsaw. Marco Lupo has been appointed President of Leonardo Poland.

AW101
Photo courtesy of Leonardo
 

Świdnik, Poland - April 26, 2019

• Four AW101s and a comprehensive integrated logistics and training package to be supplied with PZL-Świdnik acting as prime contractor

• With deliveries to be completed by 2022 the fleet will perform Anti-Submarine Warfare and combat search and rescue missions

• Profumo: “A key step in our longstanding collaboration with the Polish MoD and industry that sees us committed to further growth and collaborations in Poland”

• Leonardo Poland is established to enable a stronger, more effective coordination in all areas of business for the benefit of Polish customers and stakeholders
.

Leonardo announced today that it has signed a contract valued at approximately 380 mln EUR (1.65 bn PLN) that will significantly enhance the Polish Navy’s helicopter capability.

Through its fully owned Polish company and main industrial presence in the country, PZL-Świdnik, Leonardo will supply four AW101s and a comprehensive integrated logistics and training package to the Polish Ministry of National Defence (MoD).

AW101
Photo courtesy of Leonardo
 
PZL-Świdnik
, acting as the prime contractor and responsible for the entire contract execution, was selected in a multi-stage process, meeting all the requirements of the Polish MoD, and will deliver and support the most capable maritime multirole helicopter available on the market today.

The helicopter is already in service in some of the most important NATO nations among others.

The Świdnik facility plays a significant role in the production of all the AW101s ordered worldwide.

AW101
Photo courtesy of Leonardo
 
With deliveries expected to be completed by 2022 the AW101 will perform a range of missions including Anti-Submarine Warfare (ASW) and Combat Search and Rescue (CSAR).

This contract signing for the AW101s and the relevant support package follows the Offset Agreement, valued at approx. 400 mln PLN (90 mln EUR) recently announced.

AW101
Photo courtesy of Leonardo
 
The contract was signed today in the presence of the Prime Minister of the Republic of Poland Mateusz Morawiecki, the Polish Minister of National Defence Mariusz Błaszczak and Leonardo CEO Alessandro Profumo, during a ceremony at Leonardo’s facility in Świdnik.

Alessandro Profumo, Chief Executive Officer of Leonardo S.p.A.
Photo courtesy of Leonardo
 
Alessandro Profumo, Leonardo CEO
, said,

“We are proud that the Polish MoD has confirmed its trust in Leonardo as one of its key partners to collaborate on national defence, to support the modernization of the Armed Forces and boost technological and industrial growth. We are committed to further reinforcing our presence and contribution to Poland, one of Leonardo’s home countries where we see significant collaboration opportunities in the future.”

Gian Piero Cutillo, Managing Director of the Helicopter Division, Leonardo S.p.A.
Photo courtesy of Leonardo
 
Gian Piero Cutillo, Leonardo Helicopters MD
, added:
“The supply of the best-in-class maritime AW101s will allow the Polish Navy to meet its rigorous requirements for the protection of national security in the Baltic Sea and for NATO operations. It will also enable life-saving missions in demanding conditions with second-to-none effectiveness, leveraging Leonardo’s leading role in the maritime helicopter field. Also, the broad scope of industrial collaboration under the Offset Agreement will guarantee secure and independent fleet management.”

AW101
Photo courtesy of Leonardo
 
To further consolidate its presence and develop its business in Poland, Leonardo is establishing a new legal entity headquartered in Warsaw.

Leonardo Poland will represent and promote the entire technological and product portfolio.

It will support the customer during the programs’ life cycle to develop partnerships with Polish industry, ensuring closeness to the customer and local stakeholders.

Marco Lupo, President of Leonardo Poland.
Photo courtesy of Leonardo
 
Marco Lupo has been appointed President of Leonardo Poland
, with the objective of tightening relations with Polish customers and stakeholders and reinforcing the already well-established position of Leonardo in the country.

The PZL-Świdnik facility plays a significant role in the production of all the AW101s ordered worldwide.
Swidnik, Poland - April 26, 2019
380 mln EUR contract for maritime multirole helicopters with the Polish Ministry of National Defense.

Photo courtesy of Leonardo
 

The PZL-Świdnik facility plays a significant role in the production of all the AW101s ordered worldwide.
Swidnik, Poland - April 26, 2019
380 mln EUR contract for maritime multirole helicopters with the Polish Ministry of National Defense.
Photo courtesy of Leonardo
 

About Leonardo

Leonardo, a global high-technology company, is among the top ten world players in Aerospace, Defence and Security and Italy’s main industrial company.


 
 
Organized into five business divisions, Leonardo has a significant industrial presence in Italy, the United Kingdom, Poland and the USA, where it also operates through subsidiaries such as Leonardo DRS (defense electronics), and joint ventures and partnerships: ATR, MBDA, Telespazio, Thales Alenia Space and Avio.

Leonardo competes in the most important international markets by leveraging its areas of technological and product leadership (Helicopters, Aircraft, Aerostructures, Electronics, Cyber Security and Space).

Listed on the Milan Stock Exchange (LDO), in 2017 Leonardo recorded consolidated restated revenues of 11.7 billion and invested 1.5 billion in Research and Development.

The Group has been part of the Dow Jones Sustainability Index since 2010.


Alessandro Profumo
Chief Executive Officer, Leonardo

Alessandro Profumo
Photo courtesy of Leonardo
 
Alessandro Profumo is Chief Executive Officer of Leonardo S.p.A. since 16 May 2017.

He is also Honorary Chairman of AIAD (the Italian Industries Federation for Aerospace, Defence and Security) since July 2017, Chairman of the Fondazione Ricerca & Imprenditorialità since February 2018, member of IIT Foundation’s Council (Italian Institute of Technology) and member of COMI (Italian Committee of Market Operators and Investors) within CONSOB (Italian Companies and Stock Exchange Commission) since February 2019.

Born in Genoa, Italy on 17 February 1957, he holds a degree in Business Economics from Bocconi University.

In 1977, he began his career at Banco Lariano, where he worked for ten years.
In 1987, he joined McKinsey & Company where he was in charge of strategic and organisational projects for financial companies.
In 1989, at Bain, Cuneo & Associati, he was in charge of developing relations with financial institutions.

In 1991, he left the company consultancy sector to join RAS - Riunione Adriatica di Sicurtà, where he was responsible, as General Manager, for the banking and parabanking sectors. He was also in charge of the yield increase of that company’s bank and of the other group companies operating in the field of asset management.

In 1994, he joined Credito Italiano (today Unicredit), where he was appointed Deputy General Manager and put in charge of Planning & Group Control.
A year later, he was appointed Chief General Manager and, in 1997, he was appointed Chief Executive Officer, a position that he maintained also with Unicredit Grouptill September 2010.
Under his leadership, Unicredit Group became a European leading player, growing from 15,000 to over 162,000 employees, with branches in 23 countries.

In February 2012, he was nominated by the European Commissioner for Internal Market and Services member of the High Level Expert Group in Brussels to reform the structure of the EU banking sector.

From April 2012 to August 2015, he served as Chairman of Monte dei Paschi di Siena Bank.

From September 2015 to May 2017, he was a Board Member and Chairman of Equita SIM.

Furthermore, Profumo was Chairman of the European Banking Federation in Brussels and of the International Monetary Conference in Washington, D.C.
He was also on the International Advisory Board of Itaú UniBanco (Brazil) and was a member of Sberbank’s Supervisory Board (Russia).

He was a member of Eni’s Board of Directors from 2011 to 2014, and from July 2015 to April 2017.
He was also a member of Mediobanca’s Board of Directors and Executive Board, and a member of Bocconi University’s Board of Directors.

Profumo was awarded the Cavaliere al Merito del Lavoro (the Italian Order of Merit for Labour) in 2004.

He serves on the Board of Directors of the Together To Go (TOG) Foundation.


Photo courtesy of Leonardo
 

Source: Leonardo

https://www.leonardocompany.com  



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