Will Airbus lose $3 billion Poland Helicopter Deal?

The deal between Poland and Airbus Group (OTCMKTS:EADSY) for military helicopters is expected to end before reaching the final stage. The two parties are in the preliminary stage for 50 EC-725 Caracal multi-purpose helicopters (renamed as H225M) worth $3 billion.

The deal was initiated by Poland’s previous Civic Platform government, which had previously declined offers by Sikorsky and AgustaWestland. However, the October 2015 elections brought the Law and Justice Party (PiS) in power, which is more inclined towards increasing opportunities domestically, an inclination that makes both Sikorsky and AgustaWestland favorites. as they have facilities within the country.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s