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Rome January 14, 2020 - Leonardo, through AgustaWestland Philadelphia Corp., has been awarded a firm-fixed-price contract valued at USD 176,472,608 for the production and delivery of 32 TH-73A helicopters, initial spares, support and dedicated equipment, and specific pilot and maintenance training services. This contract, as Fiscal 2020 aircraft procurement (Navy) funds, was competitively procured via a request for proposal of various offers. Work will be mainly performed at Leonardo's Philadelphia facility and is expected to be completed in October 2021. Alessandro Profumo, Chief Executive Officer Leonardo said, “On the cusp of celebrating nearly 40 years of operating in Philadelphia, Leonardo is thrilled the U.S. Navy has selected our TH-119-based offer and us as a local and long term partner. We are proud to be a core contributor to the future of U.S. defense.” Gian Piero Cutillo, Managing Director of Leonardo Helicopters added, “Today's brilliant news is a ringing endorsement for our solutions setting new industry standards for training. We are committed to working with the U.S. Navy to ensure future pilots meet all evolving service requirements.” William Hunt, Managing Director of Leonardo Helicopters Philadelphia said, “Our plan since day one has been to offer the U.S. Navy the training capabilities they asked for, without compromise. We are honored to deliver on that promise, build the new fleet in Philadelphia and maintain it from Milton, Florida.” View source version on Leonardo: https://www.leonardocompany.com/en/press-release-detail/-/detail/14-01-2020-leonardo-awarded-contract-for-32-th-73a-helicopters-by-u-s-department-of-defense