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Giuseppe Orsi, former chief executive of the state-controlled defence group, formerly known as Finmeccanica, and Bruno Spagnolini, once at the head of helicopter unit AgustaWestland, were cleared of charges as "there isn't sufficient proof", according to the sentence read out in court.
In December 2016, Italy's highest court had ordered a re-trial of the case, after the former executives of the Rome-based group were found guilty on corruption charges related to a 560 million euros ($672 million) contract to supply a dozen helicopters to New Delhi.
(Reporting by Emilio Parodi, writing by Giulia Segreti; editing by Agnieszka Flak)
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)