Finmeccanica Eyes C-27J Sales to China
By TOM KINGTON
Published: 18 Oct 2010 17:21
ROME - The CEO of Italy's Finmeccanica has said he would like to sell his firm's C-27J tactical transport aircraft to China, given that U.S. President Barack Obama has proposed the sale of C-130s to China.
China "is a country we are focusing on," Pierfrancesco Guarguaglini told Reuters on Oct. 18. "America has decided that it can sell the C-130 transport aircraft, which means we can sell the C-27J," he said.
Obama this month asked the U.S. Congress to lift a ban on export licenses for Lockheed Martin C-130s set to be used in China as part of operations to clear oil spills at sea. The C-27J, which was designed as a smaller version of the C-130J, has been sold by Finmeccanica to customers including the U.S.
Guarguaglini said that Italy's law on defense exports, known as Law 185/1990, would currently rule out selling the C-27J to China.
"We have certain limits thanks to law 185. If we get rid of these limits, China will also become a market for military sales. Otherwise it will remain a market for civil sales," he said.
Monday, October 18, 2010
C-27J to China?
While the inside story of White House's decision to offer C-130 to China "to be used in oil spill response operations at sea" remains unknown. one thing seems to be certain, other folks are lining up to sell.
Posted by Coatepeque at 9:19 PM