MILAN, Nov 7 (Reuters) – Leonardo (LDOF.MI) has agreed to promote its unit Selex ES’ Air Visitors Administration (ATM) actions to Indra Air Visitors, an organization managed by Spain’s Indra Sistemas , the Italian defence group stated on Monday.
The closing of the transaction is predicted within the first quarter of 2023, it added in a press release, with out disclosing any monetary particulars.
The ATM enterprise of Leonardo U.S. unit Selex ES “is a number one developer and producer of en-route navigation, surveillance and precision method and touchdown techniques,” Leonardo stated.
Reporting by Cristina Carlevaro, enhancing by Federico Maccioni
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