AgustaWestland, Tata Sons form joint venture

  • 19-Feb-2010 09:10 EST
AW755web.jpg

Giuseppe Orsi (left), CEO of AgustaWestland, and Ratan Tata, Chairman of Tata Sons, signed the agreement for the formation of an Indian joint venture that will establish a final assembly line for the AW119 helicopter in India.

AgustaWestland and Tata Sons signed an agreement for the formation of an Indian joint venture that will establish a final assembly line in India for the AW119 helicopter. The joint venture company will be responsible for AW119 final assembly, completion, and delivery to world markets, while AgustaWestland will retain responsibility for worldwide marketing and sales. The first aircraft is scheduled to be delivered from the new facility in 2011, with production forecast to rise to 30 aircraft per year. The joint venture is expected to be a supplier for the current Reconnaissance and Surveillance Helicopter program of the Indian Armed Forces. AgustaWestland and Tata Sons are also exploring further commercial, technical, and industrial collaboration opportunities in the rotorcraft industry.

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