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AgustaWestland (branded as Leonardo Helicopters since January 2016) was a helicopter design and manufacturing company. It is a wholly owned subsidiary of Leonardo S.p.A. (previously Finmeccanica). It was formed in July 2000 as an Anglo-Italian multinational company, when Finmeccanica and GKN merged their respective helicopter subsidiaries (Agusta and Westland Helicopters) to form AgustaWestland, with each holding a 50% share. Finmeccanica acquired GKN's stake in AgustaWestland in 2004.
In June 2008, AgustaWestland and the Russia-based helicopter manufacturer Russian Helicopters agreed to form a new joint venture company to assemble AW139 helicopters in Russia. Construction of a $50 million helicopter assembly facility in the town of Tomilino near Moscow began in June 2010.
In early 2010, AgustaWestland acquired PZL-Świdnik, a Polish helicopter manufacturer.
In September 2012, AgustaWestland and Northrop Grumman announced the signing of a comprehensive teaming agreement under which the companies will jointly bid for contracts to build the U.S. Air Force Combat Rescue helicopter and U.S. Navy's new "Marine One" presidential helicopter.
In March 2013, AgustaWestland announced its Project Zero hybrid tiltrotor/fan-in-wing technology demonstrator. The unmanned demonstrator made its first tethered flight in June 2011 at AgustaWestland’s Cascina Costa, Italy facility. According to the company, the aircraft “employs no hydraulics, doesn’t burn fossil fuel and generates zero emissions.
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