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AAD 2018: Leonardo signs M-345 development agreement with Paramount

21 September 2018

Leonardo and Paramount Group have signed a letter of intent (LOI), under which they will jointly evaluate developing an armed version of the former’s M-345 jet trainer for the African market.

Signed during the Africa Aerospace and Defence (AAD) 2018 show held in Pretoria, the companies said that the aircraft had potential in Africa and that the partnership would help facilitate interest in this market.

“We think that a collaboration with a high-level partner, such as Paramount, is strategic to develop a new M-345 operational configuration for the African market,” Lucio Valerio Cioffi, Leonardo’s aircraft division’s managing director, said.

“The M-345 is a basic/advanced trainer with multirole capabilities and costs comparable to a turboprop aircraft.

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