Finance

UK signs $213 million helicopter maintenance deal with Leonardo

Published by Global Banking & Finance Review

Posted on April 1, 2025

1 min read

· Last updated: January 24, 2026

Add as preferred source on Google
UK signs $213 million helicopter maintenance deal with Leonardo
Global Banking & Finance Awards 2026 — Call for Entries

UK Extends $213M Helicopter Maintenance Contract with Leonardo

LONDON (Reuters) - Britain handed Italian defence company Leonardo a 165 million pound ($213 million) contract extension on Tuesday to maintain the Royal Navy's fleet of 54 Merlin helicopters, a deal which it said would help support 1,000 jobs across the country.

($1 = 0.7730 pounds)

(Reporting by Sachin Ravikumar, writing by Sarah Young)

Key Takeaways

  • UK signs a $213 million contract with Leonardo.
  • The deal supports maintenance of 54 Merlin helicopters.
  • Contract extension helps sustain 1,000 UK jobs.
  • Leonardo is an Italian defense company.
  • The deal is significant for the UK defense sector.

Frequently Asked Questions

What is the main topic?
The main topic is the UK's $213 million contract with Leonardo for helicopter maintenance.
Who is involved in the deal?
The UK government and Italian defense company Leonardo are involved in the deal.
What is the impact of the deal?
The deal supports 1,000 jobs and maintains the Royal Navy's fleet of Merlin helicopters.

Related Articles

More from Finance

Explore more articles in the Finance category