fromBusiness Matters
3 days agoLeonardo warns it could exit UK helicopter manufacturing without 1bn defence contract
Leonardo has warned the UK government that it may be forced to shut down its helicopter manufacturing operations in Britain if it fails to secure a flagship £1 billion Ministry of Defence contract, a move that would threaten the future of the country's last remaining helicopter factory. In a letter to defence secretary John Healey, Roberto Cingolani, chief executive of the Italian defence group, said the contract to replace the long-serving Puma helicopter was central to Leonardo's long-term commitment to the UK.
UK politics