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SCAC |
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Under terms of the deal signed June 20, Alenia Aeronautica will participate in financing of not less than 25% of the Superjet 100 program, currently SCAC's only aircraft, and has acquired a 25% stake plus one share in SCAC subject to government approval. Starting today, and running through Sunday, the area's best high school swimmers will be competing at the SCAC in a meet that has arguably as much talent as last month's Southern Section finals. SCAC, Alenia and their respective parent companies Finmeccanica and Sukhoi signed a preliminary agreement on June 20 establishing the principles of their strategic partnership with respect to the RRJ program, including the acquisition by Alenia of a 25% stake plus one share in SCAC (subject to Russian governmental approvals) and the formation of a joint venture in Europe to provide sales and technical support for the RRJ aircraft. |
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