AgustaWestland was an Anglo-Italian

helicopter A helicopter is a type of rotorcraft in which lift and thrust are supplied by horizontally spinning rotors. This allows the helicopter to take off and land vertically, to hover, and to fly forward, backward and laterally. These attributes ...

design and manufacturing company, which was a wholly owned subsidiary of

Finmeccanica Leonardo S.p.A., formerly Leonardo-Finmeccanica and originally Finmeccanica, is an Italian multinational company specialising in aerospace, defence and security. Headquartered in Rome, Italy, the company has 180 sites worldwide. It is the eighth ...

(now known as Leonardo). It was formed in July 2000 as an Anglo-Italian

multinational company A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, i ...

, when Finmeccanica and GKN merged their respective helicopter subsidiaries ( Agusta and

Westland Helicopters Westland Helicopters was a British aircraft manufacturer. Originally Westland Aircraft, the company focused on helicopters after the Second World War. It was amalgamated with several other British firms in 1960 and 1961. In 2000, it merged ...

) to form AgustaWestland, 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. "AgustaWestland" still exists as a subsidiary of Leonardo but the AgustaWestland public brand is no longer promoted.

History

The collaboration between Agusta and Westland dates back to 1981, when the two companies established the European Helicopter Industries

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and economic risk, risks, and shared governance. Companies typically pursue joint ventures for one of four rea ...

with the aim of developing a new medium-size

utility helicopter A utility helicopter is a multi-purpose helicopter capable of fulfilling many different roles. Civil Many civilian helicopters are made for utility work such as agricultural aircraft. Many police and fire departments maintain and operate utili ...

, the

EH101 The AgustaWestland AW101 is a medium-lift helicopter in military and civil use. First flown in 1987, it was developed by a joint venture between Westland Helicopters in the United Kingdom and Agusta in Italy in response to national requirement ...

. In March 1999, Finmeccanica and GKN announced their intention to merge their respective helicopter subsidiaries. The two parties announced finalised terms for the merger in July 2000, which included a 50-50 ownership structure, and the payment of top-up fees to GKN to compensate for a disparity in profit levels between Agusta and Westland. In January 2002, AgustaWestland announced that it would be cutting a total of 950 jobs in the United Kingdom and closing its factory in

Weston-super-Mare Weston-super-Mare, also known simply as Weston, is a seaside town in North Somerset, England. It lies by the Bristol Channel south-west of Bristol between Worlebury Hill and Bleadon Hill. It includes the suburbs of Mead Vale, Milton, Oldmix ...

, which carried out customer support work, as activity was concentrated at its main site in

Yeovil Yeovil ( ) is a town and civil parish in the district of South Somerset, England. The population of Yeovil at the last census (2011) was 45,784. More recent estimates show a population of 48,564. It is close to Somerset's southern border with ...

. On 26 May 2004, GKN confirmed that it had agreed to sell its share of AgustaWestland to Finmeccanica for £1.06 billion. The sale was approved by the British government in October 2004. AgustaWestland opened offices in Philadelphia in 2005 and won a contract to build the new presidential helicopter Marine One over the U.S. manufacturer Sikorsky Aircraft, but this program was cancelled in 2009. In November 2005, it was announced that AgustaWestland had agreed to acquire

Bell Helicopter Bell Textron Inc. is an American aerospace manufacturer headquartered in Fort Worth, Texas. A subsidiary of Textron, Bell manufactures military rotorcraft at facilities in Fort Worth, and Amarillo, Texas, as well as commercial helicopters in M ...

's 25 per cent interest in the AB139 medium twin helicopter program, and to increase its interest in the BA609 civil

tiltrotor A tiltrotor is an aircraft which generates lift and propulsion by way of one or more powered rotors (sometimes called ''proprotors'') mounted on rotating shafts or nacelles usually at the ends of a fixed wing. Almost all tiltrotors use a trans ...

aircraft from 25 per cent to 40 per cent. Qinetiq AgustaWestland AW105E Power arrives RIAT Fairford 10thJuly2014 arp

In June 2008, AgustaWestland and the Russia-based helicopter manufacturer

Russian Helicopters JSC Russian Helicopters (russian: Вертолёты России ''Vertolyoty Rossii'') is a helicopter design and manufacturing company headquartered in Moscow, Russia. The company designs and manufactures civilian and military helicopters. The c ...

agreed to form a new joint venture company to assemble AW139 helicopters in Russia. Construction of a $50 million helicopter assembly facility in the town of

Tomilino Tomilino (russian: Томи́лино) is an urban locality (a work settlement) in Lyuberetsky District of Moscow Oblast, Russia. Population: In terms of population, Tomilino is the largest urban-type settlement in Lyuberetsky District. Tomi ...

near Moscow began in June 2010. In early 2010, AgustaWestland acquired

PZL-Świdnik PZL-Świdnik S.A. (''Wytwórnia Sprzętu Komunikacyjnego PZL-Świdnik S.A.'') is the biggest helicopter manufacturer in Poland. Its main products are PZL W-3 Sokół and PZL SW-4 Puszczyk helicopters. In early 2010 the factory was acquired by ...

, a Polish helicopter manufacturer. In September 2012, AgustaWestland and

Northrop Grumman Northrop Grumman Corporation is an American multinational aerospace and defense technology company. With 90,000 employees and an annual revenue in excess of $30 billion, it is one of the world's largest weapons manufacturers and military techn ...

announced the signing of a comprehensive teaming agreement under which the companies would jointly bid for contracts to build the U.S. Air Force Combat Rescue helicopter and U.S. Navy's new "Marine One" presidential helicopter. In March 2013, AgustaWestland announced its Project Zero hybrid tiltrotor/fan-in-wing technology demonstrator. The unmanned demonstrator made its first tethered flight in June 2011 at AgustaWestland's Cascina Costa, Italy facility. According to the company, the aircraft "employs no hydraulics, doesn't burn fossil fuel and generates zero emissions."

AgustaWestland AW101 order controversy

India signed a contract to purchase 12

AgustaWestland AW101 The AgustaWestland AW101 is a medium-lift helicopter in military and civil use. First flown in 1987, it was developed by a joint venture between Westland Helicopters in the United Kingdom and Agusta in Italy in response to national requireme ...

helicopters in February 2010 for the Communication Squadron of Indian Air Force to carry the president, PM and other VVIPs. The contract was frozen in February 2013 after allegations surfaced that US$60 million had been paid as a bribe. On 12 February 2013,

Giuseppe Orsi Giuseppe Orsi (born 24 November 1945 in Piacenza) is an Italian engineer, businessman, and corporate executive. He had a long career at Finmeccanica, Italy's leading high-technology group, and in November 2011 was appointed its Chief Executive Off ...

, the CEO of Finmeccanica, was arrested by Italian authorities; the following day Indian Defence Minister A.K. Antony ordered a probe into the contract. In January 2014, India cancelled the US$630 million deal, subsequently recovering the sum which it had paid.

Merger into Leonardo

In 2016, following a corporate reorganization, AgustaWestland merged into Leonardo S.p.A., Finmeccanica's new name. With this reorganization, AgustaWestland ceased to exist as a separate company, and it became Leonardo's helicopter division. In 2020 Leonardo relaunched the "Agusta" brand for the VIP helicopter sector. The launch of the new brand was announced during Expo 2020 in Dubai.

Products

References

External links