LONDON – Helicopter contracts for the U.K. defense ministry have helped increase sales for Italian aerospace and defense conglomerate Finmeccanica. The company’s first-quarter results, announced May 7, increased by more than 10%. Sales rose from €2.6 billion ($3.6 billion) to €2.9 billion, mainly thanks to a £330 million upgrade contract to navalize 25 EH101 Merlin helicopters for the British Royal Navy and a five-year long support contract for the U.K.’s ...
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