BRIEF- Leonardo expects news on jumbo helicopter order by UK government in next days

Boeing Company +0.43%

Boeing Company

BA

208.22

+0.43%

Feb 25 (Reuters) - Italy's Leonardo LDOF.MI executives tell a post-results call:

  • CFO: LATEST AGREEMENT WITH BOEING IS 50% OF BUSINESS, MAKES FUTURE OF AEROSTRUCTURES ROBUST AND RELIABLE

  • CEO: 50-50 SHARE IN POTENTIAL JOINT VENTURE FOR AEROSTRUCTURES UNIT WILL CHANGE, TIMING DEPENDS ON RESULTS

  • CEO: PROJECT FOR AEROSTRUCTURES UNIT WILL BE BIG, WILL EXPAND PRODUCT PORTFOLIO

  • CEO: READY TO CUT SHARE IN POTENTIAL JV FOR AEROSTRUCTURES DOWN THE LINE , WORKFORCE WOULD BE UNAFFECTED

  • CEO: EXPECT NEWS ON JUMBO HELICOPTER ORDER BY UK GOVERNMENT IN NEXT 1 OR 2 DAYS


Further company coverage: BA.N LDOF.MI


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