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Finmeccanica and EADS Defence & Security agree on a joint proposal to offer the M-346 for jet pilot training

* As a new initiative, both parties submitted a common proposal for the Request of Information concerning AEJPT
* Platform will be the new generation M-346 fighter trainer aircraft

26 April 2010

On 15 March 2010, Alenia Aermacchi (AAEM), a Finmeccanica company, and EADS Defence and Security (DS) submitted a joint response to the Request For Information (RFI) issued by the European Defence Agency (EDA) on 15 July 2009 about the Advanced European Jet Pilot Training (AEJPT) programme.

This initiative follows the signing of a Memorandum of Understanding (MoU) between AAEM and DS in December 2009 regarding their collaboration to supply an integrated training system based on the M-346 Master advanced trainer aircraft which meets the specific requirements of the nine European countries participating in the AEJPT programme.

Bringing synergically their individual competencies in this specific field, Alenia Aermacchi and DS can now offer a comprehensive training solution for future combat aircraft pilots which meets the expectations of EDA and the AEJPT nations in terms of capabilities, flexibility, training effectiveness, interoperability, geographic allocation and industrial work share.

In line with these targets, the two companies intend to involve all other European firms from AEJPT member countries in the training service and base operating activities. The joint reply to the RFI foresees already active roles for some firms. The integrated training system offered by AAEM and DS is open to include further companies to achieve a truly European solution.

Background information

EADS Defence & Security. Military Air Systems is an integrated activity of EADS Defence & Security (DS). DS is a systems solutions provider for armed forces and civil security worldwide. Its portfolio ranges from sensors and secure networks through missiles to aircraft and UAVs as well as global security, service and support solutions. In 2009, DS – with around 21,000 employees – achieved revenues of € 5.4 billion. EADS is a global leader in aerospace, defence and related services. In 2009, EADS generated revenues of € 42.8 billion and employed a workforce of about 119,000.

Finmeccanica is Italy’s leading manufacturer in the high technology sector and ranks among the top ten global players in aerospace, defence and security. The Group focuses heavily on three strategic pillars: helicopters, defence and security electronics and aeronautics, which generate 70% of revenues and account for 73% of the workforce. Finmeccanica is Europe’s leading defence systems company, and enjoys a strong presence in the space sector where it operates satellite services. Furthermore, the group has substantial expertise and a well-established position on the global transport and power generation markets. In total, it has more than 77,000 employees, of which approximately 41% work outside Italy. In 2009, it generated revenues of approximately EUR 18 billion and orders of approximately EUR 21 billion, and has a backlog worth EUR 45 billion. Finmeccanica SpA’s ordinary shares are listed on the Italian stock market (FNC IM; SIFI.MI). The Italian Treasury retains 30.2% of the share capital, while Italian and foreign institutional and private investors own the remainder.

Contacts
Roberto Alatri
Finmeccanica
Tel.: 0039 347 41 84 430
mailto: roberto.alatri@finmeccanica.com
Theodor Benien
EADS Defence & Security
Tel.: 0049-8459-81-80485
mailto: theodor.benien@eads.com



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