Piaggio Aerospace Signs Contracts for 45 Million Euro

The Aermacchi MB.339 aircraft.

Piaggio Aerospace, one of the leading players in the business aviation and security & defence sectors, has announced the signing of maintenance agreements valued at approximately 45 Million Euro. The deals have been signed with the main Italian national institutions and cover activities lasting from 12 to 36 months.

The most significant agreement, which is worth 39.3 Million Euro in the next 12 months, was signed by the Italian Air Force to support and maintain the operability of the Aermacchi MB.339 aircraft, used by the National Acrobatic Air Patrol Team “Frecce Tricolori” and the flight school of the 61° Stormo in Galatina (Southern Italy). The contract includes both the maintenance of the Viper engines installed on the above-mentioned aircraft and the purchase of spare parts. The Air Force also signed an agreement for integrated logistic support for the fleet of P.180 twin-engine turboprop aircraft designed and produced by Piaggio Aerospace in its centre of excellence in Villanova d’Albenga (Italy).

The integrated logistic support for the P.180 fleet is the common element of further agreements signed with other Italian institutions. These include the Department of Public Safety (State Police) of the Interior Ministry (3-year contract), the Italian Army (12-month agreement, operational after the expiration of the current service agreement), and the National Coast Guard, directed by the Ministry of Infrastructure and Transport (2-year contract).