What is the nature of Safran's new agreement with NAHEMA to assist with European NH90 engines?

Safran Group is one of the leading international high technology group. It has 3 main groups within it, the first is airspace propulsion which groups many of the operations that concern helicopters, missiles, and aeroplanes. The second is aircraft equipment and this branch groups all the design production and sealed of the equipment’s that were used by civil and military helicopters. The third is the defense and security, this branch operated in the civil, military and space markets. It includes many areas such as internal guidance and navigation equipment.

Safran is a very well-known company and they have great reputation. Recently they announced that their Helicopter Engines have signed a 10 year contract with NAHEMA which stands for NATO Helicopter management agency. This contract is going to cover many aspects. It is coing to cover NH90 operated by Belgian army, and Navy and even the royal Netherlands Armed forces. This is a really good contract especially because it is going to cover at least 130 rotorcrafts in the coming years. This is good for them as it will bring in a lot of revenue and will make them even more credible as a company.

Another great deal for them is that this new contract and agreement is going to satisfy the NAHEMA and nations special requirements. This is especially needed during rescue and military operations for either at home or on deployment. The general manager Fortunato di Marizo mentioned-

"This GSP will allow the French, the Belgian and the Dutch NH90 operators to benefit from a very effective engine-support for their RTM322 engines, especially during their operational tasks. The contract is the result of a very good and fruitful partnership between NAHEMA and Safran Helicopter Engines”.
This was just to confirm the special benefits for them. Also Safran Helicopter Engines executive president said that
"This contract marks a major new milestone in our partnership with NAHEMA and French, Belgium and Dutch armed forces. We will deliver world-class services to guarantee their engine availability; thus demonstrating that the GSP model is particularly well-suited to supporting the engine fleets of modern air forces".
They are also very excited for this new contract.

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