LONDON—The Italian government has committed to place €700 million ($795.3 million) worth of orders with Piaggio Aerospace. The company looks to resume operations, having entered extraordinary receivership at the end of last year. The upcoming contracts, announced by the company on June 21, include maintenance for military engines worth around €200 million, the production of Avanti EVO turboprops for the Italian armed forces worth €260 million, and approvals to complete ...

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