Philippines buying TH-73A training helicopters from AgustaWestland Philadelphia

The Defense Security Cooperation Agency notified Congress Tuesday that the Philippines intend to purchase an unspecified number of TH-73A “Thrasher” training helicopters from AgustaWestland Philadelphia.

An aircraft simulator, spare engines, and various related equipment are also part of the sale, which is estimated to be worth $120 million in total.

AgustaWestland Philadelphia is named principal contractor on the sale. AgustaWestland Philadelphia is a subsidiary of Italy’s Leonardo S.p.a. It is a sister company of one of the newest publicly-traded U.S. defense contractors, $10 billion Leonardo DRS (Nasdaq: DRS) — also a subsidiary of Leonardo S.p.a.

Full news release here:
https://www.dsca.mil/Congressional-Notification-Archive/Article/4155316/philippines-th-73a-training-helicopters-and-support