AgustaWestland invokes arbitration clause
Having lost its battle for a dialogue with the Indian authorities, AgustaWestland is invoking the arbitration clause in its AW101 contract with the MoD.
The move comes as AgustaWestland executives face trial in Italian courts over alleged misdoings on the Indian VVIP helicopter contract, which was frozen from 1 February.
The Indian Air Force (IAF) ordered 12 VVIP AW101s valued at $753 million in 2010 of which three – two in VIP configuration and one in a cargo variant – have been delivered to the Air Headquarters Communication Squadron, and are now based at New Delhi’s Palam airport.
According to
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