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AgustaWestland

 
Hoover's Profile: AgustaWestland
Contact Information
AgustaWestland
25 Templer Ave., Farnborough Business Park
Farnborough, Hampshire GU14 6FE, United Kingdom
Tel. +44-1252-386-451
Fax +44-1935-702-131

Type: Subsidiary
On the web: http://www.agustawestland.com
Employees: 4,000

Tea and pasta may not go down well together, but British and Italian partners GKN and Finmeccanica thought their helicopters a good pairing and so formed AgustaWestland as a 50/50 joint venture in 2001. There's only one hand on the yoke now, however, as Finmeccanica bought out GKN's stake in 2004. AgustaWestland's commercial vehicles include the A119 Koala; the A109 Power; and medium transports AB412, AW139, and BA609 Tiltrotor. Military offerings include the multi-role AH MK1; the 10.6-ton NH90; and the US101, which will be the new US presidential helicopter. AgustaWestland also produces the Apache helicopter under license from Boeing.

Key numbers for fiscal year ending December, 2008:
Sales: $102.2M

Officers:
Chairman: Amedeo Caporaletti
CEO: Military Aircraft Manufacturing

Competitors:
Bell Helicopter
Boeing
Eurocopter

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Wikipedia: AgustaWestland
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AgustaWestland NV
Type Private (subsidiary of Finmeccanica)
Founded 2000
Headquarters Samarate (Varese), Italy
Yeovil, Somerset, UK
Industry Aerospace
Products Helicopters
Employees 8,531 (2005)
Parent Finmeccanica
Website www.agustawestland.com

AgustaWestland is a helicopter design and manufacturing company based in Italy and Somerset, in the United Kingdom. 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.

On May 26, 2004 GKN confirmed that it would sell its share to its partner for £1.06Bn. AgustaWestland is now a fully owned subsidiary of Finmeccanica of Italy.

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.

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