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Company type | Subsidiary |
---|---|
Industry | Aircraft |
Predecessors | Agusta Westland Helicopters |
Founded | 2000 |
Defunct | 2016Leonardo S.p.A.) | (aged 15–16) (merged into
Successor | Leonardo Helicopters |
Headquarters | Rome, Italy |
Key people | Daniele Romiti (chief executive officer) |
Products | Helicopters |
Revenue | €4,243 million (2012)[1] |
€473 million (2012)[1] | |
Number of employees | 12,500 (at 31 December 2015)[1] |
Parent | Finmeccanica |
Subsidiaries | PZL-Świdnik |
Website | helicopters |
AgustaWestland was an Anglo-Italian helicopter design and manufacturing company,[2] which was a wholly owned subsidiary of Finmeccanica (now known as Leonardo).[3] It was formed in July 2000 as an Anglo-Italian[4] multinational company, when Finmeccanica and GKN merged their respective helicopter subsidiaries (Agusta and Westland Helicopters) to form AgustaWestland,[5] with each holding a 50% share. Finmeccanica acquired GKN's stake in AgustaWestland in 2004.
In 2016, AgustaWestland was merged into Leonardo S.p.A. (formerly Finmeccanica), where it became the company's helicopters division under the Leonardo Helicopters brand.[6][7] "AgustaWestland" still exists as a subsidiary of Leonardo but the AgustaWestland public brand is no longer promoted.[citation needed]
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