AgustaWestland Presentation for

North Central Texas Council of Governments

Aviation Summit

February 16, 2012

Agenda / Overview

1. Finmeccanica Overview

2. AgustaWestland Overview

3. AgustaWestland 609 Tilt Rotor Aircraft

4. AgustaWestland Tilt Rotor Company, TX

5. Rationale for Locating in N.C. Texas

6. Summary

Finmeccanica Overview Leading global manufacturer in the aerospace, defense and security sectors, and one of the world's leading producers of state-of-the-art helicopters and defense electronics

AERONAUTICS

Alenia Aermacchi

HELICOPTERS

AgustaWestland

SPACE

Thales Alenia Space

Telespazio

DEFENSE ELECTRONICS

DRS

Selex SI

Selex Galileo

Selex Elsag

DEFENSE SYSTEMS

Oto Melara

WASS

MBDA

ENERGY

Ansaldo Energia

FATA

TRANSPORTATION

Ansaldo STS

AnsaldoBreda

Bredamenarnibus

16.8% 7.4%

100% Finmeccanica Companies JVs

20.2% 6.6% 29.0% 8.9% 11.7%

Finmeccanica Overview

• 75,200 Employees worldwide – 11,900 in the USA

$22

17%

7%

29%

20%

7%

21%

… focused on 3 Strategic Pillars: Helicopters, Aeronautics, Defense Electronics & Security Local industrial presence in 4 domestic markets: USA, UK, Italy, Poland

One of the main international operators in the development and production of satellite systems for navigation, telecom, and defense

2010

Introduction

• AgustaWestland – One of the world’s premier and largest vertical lift

companies (est. 1907)

• Revenues of $4.7 Billion Annually

– Part of the US industrial base since 1952 (57 years)

– World leader in advanced helicopter and tilt rotor technology

– Design priorities: Safety, Performance, and Best Value

Major Locations

USA Philadelphia – Assembly

UK Yeovil – Assembly

ITALY Cascina Costa

Benevento

Anagni/Frosinone

Brindisi

Vergiate – Assembly

USA Washington, D.C.

AW Brazil

AW South Africa

AW Malaysia

AW Abu Dhabi

AW India

AW Japan

AW Belgium

AW Poland

Industrial Sites

AgustaWestland abroad

USA Arlington, TX

14,000 Employees Worldwide

AgustaWestland Product Overview

ICH-47F Chinook

20+ Ton

AW101 Utility

AW101 Naval

AW101 SAR

AW159 Wildcat Grand New

AW 609

AW 169

AW609 Overview and Key Features

AW 609 - Introduction

• Helicopter features combined with the Speed, Altitude and All-weather capabilities typical of fixed wing aircraft

• Compliant with the latest, most stringent transport

category certification standards

AW609 Specifications

• MTOW, 16, 800 lbs

• Useful Load 5,500 lbs

• Engine:2 x PT6C-67A (1,940 shp)

• Accommodation: 2 pilots + 9 pax (std. config)

• Max cruise speed: 275 kts

• HOGE ISA 5,000 ft

• HIGE ISA 10,000 ft

• Ceiling 25,000 ft (Pressurized Cabin)

Combines the Best of Helicopter and Turboprop a/c Twice the Speed / Range of Helicopters

AW 609 Flight Profile

90 % of Flight in Airplane Mode Fast Low Vibration

Quiet Above the Weather

Program Purchase by AW

Closure of aquisition from Bell accomplished Nov, 2011 Creation of AgustaWestland Tilt Rotor Company in Arlington, TX Establishing Capability at Arlington Municipal Airport with 140 person team

AW 609 Prototypes Plan

16

• Envelope Expansion

• Ice Shapes (risk mitigation)

• FCS & Handling Quality

• HIRF, Lightning, EMC

• Electrical & Weather Radar demo

• Lighting, ECS, Night Flight

• Internal Noise

• Envelope Expansion

• Load Level, Vibration Survey

• Stall & Buffet demo

•External Noise

•Performance

•HV/Autorotation

• Icing Trials (HISS + Nat. Icing)

• Cold Weather demo

• Propulsion

•Avionics Development

•Kits

•Drive System Endurance Test

• Equipment Temperature Survey

• Avionics

• Functional & Reliability, Maintenance flights, Customer demos

Flying

Flying

• Cooling Hot Weather, Hot Fuel & Hyd. test

• Cabin Pressurization

• Mini Load Level Survey

A/C 2

A/C 1

A/C 3 Final Assembly

Structural Mate

A/C 4

AW Tilt Rotor Co. Site in Arlington

South Collins St., Arlington

Runway

Why in USA/ Texas?

Reasons to establish this company in U.S.A.

• In accordance with Finmeccanica policy, to maintain and

grow the presence of AgustaWestland in United States

• Maintain continuity and maximize the experience with Aviation Authority (FAA) having the longest involvement in Tiltrotor technology

• AW609 business plan for the 609 aircraft is based on 450 units with Approx 1/3 sold in the United States

• Available technical work force in the NorthCentral Texas area

N. Central Texas Work Force

• Cursory Analysis Revealed: – No other areas in the country with equivalent

concentration and mixture of Aerospace talent

– Rotorcraft industry prevalent

– Available industrial space

• Strong presence of airport system infrastructure and commercial travel options (e.g.,Direct Flights to Europe)

– “Flight Friendly” air space

– Favorable weather for flight scheduling • Available when we need it

– Cost of living generally favorable

Concerted Effort to Attract

• Texas Workforce Commission

• Local Development Boards

– Both have developed strategies targeting high growth/higher skill industries and jobs

• These plans have produced obvious results

• AgustaWestland did not have a difficult decision to make in locating here

Aerospace and Defense Industry Cluster Concentrations of Employment in Texas

AW 609 - Summary

• AgustaWestland – World Leader in Vertical Lift

• AW 609 will alter the landscape in air transport

High Operational Versatility

Minimum Ground Infrastructure

• AWTRC here in Texas, here to stay

• North Central Texas - the Right Place for aerospace companies