The United Arab Emirates Government selects Finmeccanica for 48 M-346 advanced lead-in fighter trainer aircraft | |
The United Arab Emirates Government today announced at
IDEX 2009 (International Defence Exhibition & Conference) in
Abu Dhabi that it had begun negotiations for the acquisition of 48 M-346 advanced lead-in fighter trainer aircraft manufactured by Alenia Aermacchi, a Finmeccanica company.
The agreement, which also includes the creation of a joint venture in the UAE between Alenia Aermacchi and the Mubadala Development Company (Mubadala) to establish a final assembly line for the M-346, is the result of close collaboration between the Italian Government and the defence industry, which have worked together to capitalise on Italian excellence in the aeronautics high-tech sector.
"The selection of the Alenia Aermacchi M-346 by the United Arab Emirates Government represents a huge success for the Italian high-tech industry" said Pier Francesco Guarguaglini, Chairman and CEO of Finmeccanica. "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.
The UAE Government's selection of the M-346 forms part of a broader industrial co-operation agreement recently signed by Finmeccanica and Mubadala which foresees, among other things, the manufacturing of aerostructures in composite materials for the civil sector in Abu Dhabi".
Statement of Giorgio Zappa, Chief Operating Officer of Finmeccanica
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