AgustaWestland Still In Contention For Indian Helo Awards

By Jay Menon
Source: Aerospace Daily & Defense Report

Finmeccanica denies all wrongdoing, and investigations by both Italian and Indian authorities are continuing. The CBI’s probe should be completed in the coming months.

The move follows the Feb. 12 arrest in Italy of Finmeccanica Chairman and CEO Giuseppe Orsi by investigators looking into whether AgustaWestland paid kickbacks worth around €50 million ($67 million) to secure the sale when Orsi was in charge of the company.

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