CONTRACTS FOR ENGINE MAINTENANCE WORTH 167 MILLION EURO SIGNED WITH PIAGGIO AEROSPACE

Minister Trenta: “The Government’s action plan is being implemented.” Commissioner Nicastro: “Piaggio Aerospace’s great know-how in the sector is being recognized”

Date: 17/07/2019

Source: Ministry of Defence

Author: Ministry of Defence

Minister Trenta: “Government action plan put into practice”. Commissioner Nicastro: “Piaggio Aerospace’s great know-how recognized in the sector” The Ministry of Defense and Piaggio Aerospace announced that they have signed two contracts for engine maintenance and the supply of spare parts, for a total value of 167 million euros. The most significant of the two contracts – signed in the presence of Minister Elisabetta Trenta – has a value of 129 million euros, a duration of 9 years and concerns the maintenance of the Viper engines installed on the MB-339 aircraft in the Air Force’s fleet. These are the aircraft of the National Acrobatics Patrol “Frecce Tricolori” and others used for training at the flight school of the Air Force.61st Wing of Galatina, In the province of Lecce. The second, worth 38 million euros over a three-year period, concerns the supply of the relevant spare parts.
The formalization of these contracts represents the first of the commitments, totaling approximately 700 million euros, announced by the Government to the company and the trade union organizations at the meeting held last June 20 at the Ministry for Economic Development.“The interministerial approach adopted by the government, which I have strongly supported since the beginning of my mandate, is bearing fruit.“,“ stated Defense Minister Elisabetta Trenta, “by allowing the creation of conditions for a solution that is as durable as possible, while best accommodating the operational needs of the Armed Forces and the strategic value of a large company likePiaggio Aerospace“.
“The decision of the Ministry of Defense to expand the contracts entrusted to Piaggio Aerospace for the maintenance of the engines of its MB-339 fleet is a further recognition of the great know-how and expertise developed by the company in this sector.“,“ commented Vincenzo Nicastro, Extraordinary Commissioner of Piaggio Aerospace, “and gives further concrete form to the Government’s project to make Piaggio Aerospace a national single-point of maintenance for the Defense sector“.