Navy lowers cost estimate $200M on TH-73A program following Leonardo contract award

By Justin Katz  
February 14, 2020 at 10:12 AM
The Navy's fiscal year 2021 budget proposal would trim the procurement cost of a new training helicopter to $912 million down from $1.1 billion, a revised price tag that reflects the service's January contract award to Leonardo Helicopters. The Navy last month awarded AgustaWestland, a wholly owned subsidiary of Leonardo, a $176 million contract for the production and delivery of 32 TH-73A aircraft as well as associated parts and support. The new budget request includes $247 million in FY-21 to...

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