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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Leonardo S.p.A.    LDO   IT0003856405

LEONARDO S.P.A.

(LDO)
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Leonardo S p A : to strengthen security and rescue operations in Brazil with the supply of six AW119Kx helicopters to the Polícia Rodoviária Federal

11/30/2020 | 06:53am EST

Rome 30 November 2020 12:36

  • Leonardo's helicopter rescue and law enforcement fleet grows stronger in the country adding further AW119s to the AW109s and AW139s already used by other agencies.
  • The AW119Kx helicopters are expected to progressively arrive in Brazil in the first half of 2021 to carry out a range of roles including transport, rescue, emergency medical service, firefighting, surveillance and law enforcement.
  • Nearly 190 Leonardo helicopters fly in Brazil today performing a range of roles including corporate/private transport, law enforcement, public services, offshore transport, and naval applications, supported by a growing level of localized maintenance services.
  • Over 350 AW119 helicopters have been ordered by over 130 customers in 40 countries, many of them for law enforcement, rescue, public service and military tasks

Leonardo announced today that the Polícia Rodoviária Federal (PRF) of Brazil will introduce into service six AW119Kx single engine helicopters. The first aircraft is expected to be introduced in Brazil beginning next year, with the delivery of the remainder helicopters to the operator planned to be completed by mid-2021. The AW119Kxs will be operated by the Air Operations Division (DOA) from its bases in the five Regions of Brazil to perform a range of missions including transport, rescue, emergency medical service, firefighting, surveillance and law enforcement.

The selection of the AW119Kx by the PRF was made following a rigorous assessment of technical capabilities to best meet the law enforcement agency's needs. The handover of these helicopters will further expand the fleet of Leonardo helicopters used by law enforcement, rescue and public service operators across Brazil which already includes the AW119 single engine type in addition to the AW109 light twin and AW139 intermediate twin models. The helicopters will feature an advanced customized configuration including, among others, a Garmin G1000NXi glass cockpit, an infrared capable electro-optics system, rescue hoist, cargo hook, bambi bucket to counter fires, rappelling kit on both sides for special forces operations, advanced communication systems.

To date there are over 190 Leonardo helicopters of various types operating in Brazil performing many roles including: corporate/private transport, law enforcement, public services, offshore transport, and naval applications. As the success of Leonardo's product grows further, the Company is committed to further strengthening its existing level of localized services with the establishment of a new regional support centre, run by Leonardo do Brasil, in Itapevi, 30 km from São Paulo whose groundbreaking was celebrated in February. The new support centre will expand the services already provided by the existing facility headquartered in São Paulo.

Leonardo is committed to serving and protecting communities around the world, contributing to their sustainable growth by leading in next generation technologies. Partnering with Governments, private organizations and industries for the best security and safety capabilities is a cornerstone of Leonardo's Be Tomorrow 2030 Strategic Plan.

Note to editors on the AW119Kx helicopter
The AW119Kx is the best in class single engine helicopter today available in the market, featuring a state-of-the-art avionics system for enhanced situational awareness, mission effectiveness and safety. The AW119Kx has a large cabin which is able to accommodate up to six passengers and redundancy of all critical systems that are typically available on twin engine aircraft, ensuring outstanding reliability and safety. The AW119Kx is perfectly suited to perform many roles including EMS, law enforcement, utility, fire-fighting, passenger transport, training and government/military duties. Over 350 AW119 helicopters have been ordered by over 130 customers in 40 countries. A number of law enforcement, public service agencies or armed forces around the world have chosen or are already using the AW119 in Brazil, USA, Chile, Mexico, Ecuador, Portugal, Finland, Latvia to name a few. A variant of the AW119 was selected by the United States Navy in January to train the country's next-generation of naval aviators.

Disclaimer

Leonardo S.p.A. published this content on 30 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 November 2020 11:52:04 UTC


© Publicnow 2020
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Financials
Sales 2020 13 484 M 16 369 M 16 369 M
Net income 2020 349 M 424 M 424 M
Net Debt 2020 3 354 M 4 071 M 4 071 M
P/E ratio 2020 9,30x
Yield 2020 2,24%
Capitalization 3 367 M 4 082 M 4 088 M
EV / Sales 2020 0,50x
EV / Sales 2021 0,47x
Nbr of Employees 49 973
Free-Float 69,3%
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Average target price 8,25 €
Last Close Price 5,86 €
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Alessandro Profumo Chief Executive Officer & Director
Luciano Carta Chairman
Alessandra Genco Chief Financial Officer & Vice President
Roberto Cingolani Chief Technology & Innovation Officer
Dario Frigerio Lead Independent Director
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