AgustaWestland

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AgustaWestland Ltd.

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Contact Information
AgustaWestland Ltd.
25 Templer Ave., Farnborough Business Park
Farnborough, Hampshire GU14 6FE, United Kingdom
Tel. +44-1252-386-451
Fax +44-1252-386-431

Type: Subsidiary
On the web: http://www.agustawestland.com
Employees: 13,573
Employee growth: 31.2%

AgustaWestland is an Anglo-Italian helicopter company owned by Italy's Finmeccanica. The company develops and manufactures helicopters and other rotorcraft (aircraft that use rotor blades to provide lift throughout an entire flight) specially designed for military and commercial uses. Its products range from light single-turbine helicopters to tiltrotors to Apache combat helicopters produced under license from Boeing for the British Army. AgustaWestland develops, produces, and sells different models globally through joint ventures and partnerships with major US and European helicopter OEMs and aerospace/defense companies, including Bell Helicopter Textron.

Key numbers for fiscal year ending December, 2010:
Sales: $4,829.0M
One year growth: (3.2%)

Officers:
Chairman: Amedeo Caporaletti
CEO: Aircraft Engine & Parts Manufacturing

Competitors:
Bell Helicopter
Boeing
Eurocopter

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AgustaWestland NV
Type Private (subsidiary of Finmeccanica)
Industry Aerospace
Founded 2000
Headquarters Samarate, Varese, Italy
Farnborough, Hampshire, UK
Products Helicopters
Employees 8,531 (2005)
Parent Finmeccanica
Subsidiaries PZL-Świdnik
Website http://www.agustawestland.com

AgustaWestland is a British-Italian[1] helicopter design and manufacturing company. It was formed in July 2000 when Finmeccanica S.p.A. and GKN plc agreed to merge their respective helicopter subsidiaries (Agusta and Westland Helicopters) to form AgustaWestland with Finmeccanica and GKN each holding a 50% share.

AgustaWestland is now a wholly owned subsidiary of Finmeccanica of Italy.

Contents

History

On May 26, 2004 GKN confirmed that it would sell its share to Finmeccanica for £1.06 billion. AgustaWestland opened offices in Philadelphia in 2005, and won a contract to build the new presidential helicopter Marine One over the U.S. manufacturer Sikorsky Aircraft, but this program was canceled in 2009.[2]

In early 2010 AgustaWestland acquired PZL-Świdnik, a Polish helicopter manufacturer.[3]

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