Leonardo SpA (LDO.MI) said Monday that it received an order for up to 21 helicopters from Milestone Aviation Group, which will be leased to a Saudi Arabian Oil Co. subsidiary as part of a fleet-renewal program.
The Italian defense-and-aerospace company said the contract includes an order for 17 AW139 helicopters and an additional four options. The aircraft should be delivered to Aramco Overseas Company over the next three years, it said.
Milestone Aviation, which forms part of GE Capital Aviation Services LLC, will have a fleet of more than 100 Leonardo helicopters after the transaction.
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