Aerospace Group:

Boeing Licenses AgustaWestland’s 101 Helicopter For New Marine One Effort

DDN

Friday, June 11th, 2010

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Boeing [BA] is securing the rights to produce Finmeccanica's AgustaWestland AW101 medium-lift helicopter in the United States, giving the Chicago-based company a third option for the Navy's planned revamped presidential helicopter effort. AgustaWestland had previously been teamed with Lockheed Martin [LMT] on the now defunct VH-71 Marine One program. That effort used AgustaWestland's airframe and Lockheed Martin's mission systems. Since then, Lockheed Martin has teamed up with Sikorsky [UTX], basing the new effort on its H-92 airframe. Besides its plan…

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