Italian MoD signs €55M contract for six Piaggio P180 Avanti EVO aircraft

Italian MoD deal Piaggio P180
Piaggio Aerospace P180 Avanti aircraft.

Piaggio Aerospace, the Italian aircraft manufacturer currently attending EBACE, will provide the Italian Armed Forces with six new P.180 Avanti EVO aircraft, which will add to the nine sold in December 2019 and currently under production.

The contract signed on Tuesday follows the procurement plan announced by the Italian Minister of Defense Lorenzo Guerrini in October 2021.

“Today’s contract further improves the Company’s portfolio, just when the deadline for potential investors to submit the binding offers to purchase Piaggio Aerospace’s business assets is approaching,” said Piaggio Aerospace’s Extraordinary Commissioner Vincenzo Nicastro. “Meanwhile we are working actively on the private customers’ market, too, in order to consolidate their interest in our aircraft.”

The agreement – signed by the Directorate of Aeronautical Armaments and Airworthiness and Mr Nicastro – is worth approximately 55 million euro and requires the Company to produce and deliver the six aircraft within the next two years. The new Avanti Evo’s will be provided with those technical upgrades that had already been outlined in the previous contract and that are now in their very last stage of development or have already been fine-tuned by the Italian company’s engineers.

The purchase of these new Avanti Evo’s partially replaces the retrofitting of the eighteen P.180s currently in use by the Italian Carabinieri, Army, Navy and Air Force.

This agreement brings Piaggio Aerospace’s Avanti Evo order portfolio to 17 units, while the total backlog amounts approximately to 446 million euros as of 31 December 2021.

Source, Image: Piaggio Aerospace

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