October 19, 2017 8:12 AM ET

Aerospace and Defense

Company Overview of Piaggio Aero Industries S.p.A.

Company Overview

Piaggio Aero Industries S.p.A. designs, develops, constructs, and maintains aerial systems, special missions, and ISR aircraft and aero engines. The company provides business aviation aircraft; and Avanti EVO, an aircraft used by the armed forces, government agencies, and private operators, such as air ambulance units, photogrammetric patrol units for territorial control and environmental protection, and flight inspections as a radio measurements and calibration of air navigation aid and instruments. It also offers unmanned medium altitude long endurance class systems; multirole patrol aircraft for ground, coast, maritime and offshore security, and defense applications; P.1HH HammerHead, an ...

Viale Generale Disegna, 1

Villanova D'Albenga, SV 17038

Italy

Founded in 1884

Phone:

39 0182 26 60 50

Fax:

39 0106 48 13 74

Key Executives for Piaggio Aero Industries S.p.A.

Chief Executive Officer and Chief Operating Officer
Chief Financial Officer
Senior Vice President and General Counsel
Senior Vice President of Programs
Chief Technical Officer
Compensation as of Fiscal Year 2017.

Piaggio Aero Industries S.p.A. Key Developments

Mubadala Investment Company Seeks To Sell the Executive Jet-Business of Piaggio Aero Industries S.p.A.

Mubadala Investment Company plans to sell the executive-jet business of Piaggio Aero Industries S.p.A. to a state-backed Chinese consortium, a source familiar with the matter said. Mubadala will first sell the licence, then the intellectual property.

Piaggio Aerospace Signs Partnership with Al Saif Trading Establishment

Piaggio Aerospace announced at the Farnborough International Air Show that it has appointed Al Saif Trading Establishment, an Al Saif Group subsidiary, as commercial agent for marketing the Avanti EVO in Saudi Arabia, Kuwait, Bahrain, Qatar, Oman and Iraq. Al Saif Trading Establishment will also acquire from Piaggio Aerospace a range of after-sales services, including training for two pilots and a maintenance technician, with an option to enroll into a dedicated spare parts support program. To support Al Saif Group operations, Piaggio Aerospace has appointed a suitable maintenance facility in the Arabian Peninsula.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
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