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Leonardo, the owner of PZL-Świdnik, the group’s main industrial pillar in Poland, has announced that its U.K. subsidiary Leonardo MW Ltd has signed an offset agreement, valued at approximately €90 million (US$100 million), with the Polish Ministry of National Defence.
The signing of the offset agreement precedes a contract for the supply of AW101 military helicopters.
The offset agreement provides the Polish Ministry of National Defence with the commitment for establishing in the Military Aviation Works No.1 in Łódź, part of the Polish Armaments Group (PGZ), critical maintenance capabilities for the AW101 helicopters and its dedicated mission equipment. Also, the Gdańsk Technical University will be among the entities benefiting from the offset agreement.
The scope of the offset program fully meets the stringent requirements of the Polish Ministry of National Defence, confirming Leonardo’s commitment to a solid and long-term cooperation with the Polish Armed Forces and Polish industry for the delivery of relevant capabilities required for the maintenance of modern military equipment, as well as development and sustainment of the necessary skills and experience in the country.