Russian Helicopters and AgustaWestland form JV for new light helicopter

Russian Helicopters and AgustaWestland form JV for new light helicopter

10-Jul-2012 Source: Helihub.com

RIA Novosti, the Russian state news agency, is reporting that Russian Helicopters CEO Dmitry Petrov said on Monday that his company would jointly produce a light helicopter with AgustaWestland.  Final signatures are expected on the agreement at Farnborough Air Show this week.

Roll-out of the first example of this new model is expected in 2015, on the back of a budget of around 100 million euros, he added.

Russian Helicopters spokesman Roman Kirillov told RIAN that this would not replace the Ka226 or Mi-34, but will widen their product range – while declining to release the new model’s name or weight class.

The two companies signed a 20 million euro JV deal in June 2011 to assemble AW139s in Russia, and we expect the first aircraft off that production line later this year.

Nikolai Vanesev – Helihub.com Moscow correspondent

 

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