AgustaWestland Receives Major Helicopter Order from Italy

Finmeccanica's AgustaWestland unit has received an order for 22 helicopters from the Italian Air Force.

Under the current order, AgustaWestland will deliver ten search-and-rescue (SAR) AW139 helicopters and 12 combat AW101 helicopters to the air force.

The order is valued at nearly €1.2bn ($1.7bn), according to BusinessWeek.

The investment was approved by the Italian Senate's Defense Committee on 13 October.