AgustaWestland

AgustaWestland S.p.A.
Company typeSubsidiary
IndustryAircraft
PredecessorsAgusta
Westland Helicopters
Founded2000
Defunct2016(2016-00-00) (aged 15–16) (merged into Leonardo S.p.A.)
SuccessorLeonardo Helicopters
HeadquartersRome, Italy
Key people
Daniele Romiti (chief executive officer)
ProductsHelicopters
Revenue€4,243 million (2012)[1]
€473 million (2012)[1]
Number of employees
12,500 (at 31 December 2015)[1]
ParentFinmeccanica
SubsidiariesPZL-Świdnik
Websitehelicopters.leonardo.com

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]

  1. ^ a b c "Key information". AgustaWestland. Archived from the original on 3 January 2014. Retrieved 3 January 2014.
  2. ^ "Philly factory to begin producing new chopper". The Business Journals.
  3. ^ "Finmeccanica meeting approves new name, 'Leonardo'". Ansa News.
  4. ^ "Profile on Leonardocompany.com". Archived from the original on 10 July 2016. Retrieved 20 July 2016.
  5. ^ "Finmeccanica: al via riassetto AgustaWestland (MF) – MilanoFinanza.it". 8 July 2013. Retrieved 28 July 2015.[permanent dead link]
  6. ^ Mark Huber (5 May 2016). "AgustaWestland Rebranded Again, Now Leonardo Helicopters". AIN.
  7. ^ Leonardo – Helicopters

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