Industry - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
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IndustryFarnborough (7): May inaugurates the show by reassuring British industries
Also present Minister of Defence Trenta who will see her British counterpart
The Prime Minister of the United Kingdom Theresa May inaugurated the "Farnborough Air Show" today, seeking to reassure the British industrial world and not only on the prospects of Brexit, explaining the... more
IndustryFarnborough (6): presented the "Tempest", a new Anglo-Italian project
The future fighter will be the answer to the French-German one
The first major news expected of the armed forces and the British aerospace industry concerned the future projects that His Majesty's government planned to pursue following the Brexit. One of the first... more
IndustryFarnborough (2): the exhibition of aerospace industry starts today
It's important to understand the strategies of many companies in the sector
Today begins in Farnborough one of the most important aerospace exhibitions in the world, which is the fastest growing sector worldwide, especially as regards revenue, investments made and technological... more
IndustryLeonardo: contract with Italian GdF for ATR-72MP aircraft
With logistic support and training services
The agreement worth of about EUR 44 million with subsequent options could reach up to 250 millions more
IndustryBrexit, presented a study on the effects for European industries
For IAI the best scenario would be to maintain the current relationship
The Institute for International Affairs (IAI) today presents, in Leonardo's headquarters, an in-depth analysis of the scenarios concerning the European industries in the aerospace, security and defense... more
IndustryLeonardo, Bone interim manager of "cyber security"
The Scottish will also remain head of the Avionics Systems division
After the scandal that led to the exclusion of Andrea Biraghi as head of the "cyber security" division of Leonardo, the CEO Alessandro Profumo chose Norman Bone to entrust him with interim the responsibility... more
IndustryAircraft-helicopters. Leonardo: contract with GB MoD for simulation and test systems
Already in use in particular on Typhoon, Tornado, Merlin, Wildcat, Chinook and C-130J
Leonardo has been awarded a post-design support contract by the UK Ministry of Defence which will see the Company provide in-service support for its pre-flight threat simulation equipment, currently being... more
IndustryAircraft. Kenya orders C-27J and AW-139
A commission for around 250 million of Euro
The government of Kenya has ordered a C-27J Spartan transport aircraft and an undisclosed number of AW-139 helicopters from Leonardo, to improve the operational capabilities of the Kenyan Air Force and... more
IndustryPorto's Aerotec plan to buy Piaggio Aerospace
At stake the destinies of 1232 workers
Aerotec, founded by Alberto Porto, an engineer who worked for Ferrari and for Minardi, would seem ready to make an offer to the Mubadala fund to buy Piaggio Aerospace, 100% controlled by the same fund.... more
IndustryF-35 aircraft: the most advanced technology against the huge costs of the program
Despite the criticism the JSF program continues to move forward
From the factory in Cameri, near Novara, in April the F-35, the first of 85, for the Dutch aircraft was delivered. From Faco (Final Assembly and Check Out) by Cameri, the only European for the JSF program,... more
IndustryLeonardo: independence of the Board of Statutory Auditors
The note issued by the industry
Leonardo hereby informs that its new Board of Statutory Auditors, appointed by the Shareholders’ meeting held on May 15, 2018, verified that the independence requirements pursuant to law (article 148, p... more
IndustryAircraft. 1,500th fuselage to ATR
With close to 1,700 orders and over 1,400 planes delivered
The airplanes have completed over 30 million flights since the programme beginning more
IndustryProfumo (Leonardo) is quiet on trial
Close sources to the industry's CEO said it
Regarding the indictment of the judge (GUP) of Milan for juggling and false accounting (see the AVIONEWS connected) sources close to the CEO of Leonardo make known that: Alessandro Profumo said he was... more
IndustryAlessandro Profumo, CEO of Leonardo: trial on July 17 on MPS
Indictment also Fabrizio Viola for derivative tranches
The Milan Judge (GUP) Alessandra Del Covo sent the former MPS summit, which was also part of Alessandro Profumo, now Leonardo's managing director, to the indictment of agiotage and false accounting. Another... more
IndustryAnd the Italian M5S' blog realizes that there is Leonardo
Shortly after the appointment of the president and the members of the new Board of Statutory Auditors
While in these days the Movement is debating between hypotheses of Government, nods from the Hill, orders of stable and winkles to the France of Macron , and while rivers of ink flow on the identity of... more
IndustryLeonardo: agreement on early retirement plan
65 executives involved
Leonardo and Federmanager, Italy’s national association of executives, in coordination with Representatives of the Group Managers, have signed an agreement relating to early retirement. This is in line w... more
IndustryThe era of smart-working begins with a pilot project
Agreement signed between Leonardo and unions
Leonardo and the Italy’s trade unions signed yesterday an innovative smartworking agreement on with the aim of gradually introducing the ability of employees to work at a company location closer to home (... more
IndustryPlanes. Leonardo awarded by Airbus
A thirty-year partnership between the two industries
Yesterday in a ceremony in Toulouse, France, Leonardo’s aerostructures division was named ‘Best Performing Supplier’ by Airbus, recognizing the industry for its sustained level of excellence including 100%... more
IndustryPolish contract for M-346 aircraft supply
Four training planes and logistic support
Leonardo and the Armament Inspectorate of the Polish Ministry of National Defense have signed a contract to supply four additional M-346 Advanced Jet Trainers (AJT) that will join the Polish Air Force’s e... more
IndustryFirst fuselage section for the A-321 plane delivered
A ceremony in Nola (near Naples, South Italy) in recent days
A delivery ceremony for the first A-321LR (Long Range) fuselage section took place in the last days at Leonardo Aircraft Division’s site located at Nola near Naples (South Italy). The A-321LR features a n... more
IndustryLeonardo: the most disappointing budget of the companies controlled by the State
It will take a long time to get back to normal
There are no words to comment on the latest budget published yesterday by Leonardo. Profumo certifies the further reduction of Leonardo's business perimeter. Just look at the table below to understand... more
IndustryLeonardo agrees plan for early retirement with Italian unions
1,100 employees will be involved
Leonardo and Italy’s national trade unions have signed an agreement relating to early retirement, in line with Article 4 of Italian Employment Law (92/2012), also known as the "Fornero Law". The agreement w... more
IndustryMalta selects Leonardo solution
For air traffic control communication
Leonardo has signed a contract with Malta Air Traffic Services Ltd. (MATS), the Maltese Air Navigation Service Provider (ANSP), to supply an integrated Data Link solution for air traffic management applications.... more
IndustryFramework contract for meteorological radar by Australia
Leonardo will supply and install systems in the next four years
Leonardo, through its German subsidiary Selex ES GmbH, has been awarded a major contract by the Bureau of Meteorology to deliver state-of-the-art meteorological radars in Australia. In the long-awaited... more
IndustryLeonardo still down in the stock market
The title had already fallen yesterday with the presentation of the business plan 2018-2022
Still down the stocks of Leonardo at the Italian Stock Exchange: after the -12% of yesterday this morning the price was -2.82% compared to the opening value.The reaction of the financial markets to the... more
IndustryProfumo: returning Leonardo to sustainable growth
A comment on the 2018-2022 business plan
"After a challenging 2017 in which we re-set expectations, we intend to deliver an Industrial Plan to return Leonardo to long-term sustainable growth" declared the CEO of Leonardo Alessandro Profumo commenting... more
IndustryLeonardo into top ten in the "Best Employer of Choice 2018" survey
It has risen six places in the ranking of places new graduates would like to work
Leonardo is seen by new graduates as the ideal place to work. So says the ‘Best Employer of Choice 2018’ survey by Cesop Communication, which has analysed the feedback from 2,500 young graduates across 100... more
IndustryA-380 airplane: the program continues, Airbus says it
The declarations by Lehay and Bregier about its abandonment are to de-contextualized
"We are simply in business negotiations with Emirates for a new order" more
IndustryLeonardo to lead "OCEAN2020" program
The EDA research tender for naval surveillance technology
The first demonstration in 2019 in the Mediterranean Sea more
IndustryAn electric tail rotor for helicopters to reduce environmental impact
Rome, Italy - Leonardo wins the National Award for Innovation
The National Award for Innovation, the most important prize for Italian innovation, was awarded to Leonardo during a ceremony held in the Chamber of Deputies, in the presence of the President of the Chamber,... more
IndustryBoeing, Neos and AerCap: delivery of airline's first 787 airplane
Milan, Italy - Milan-based carrier becomes first in Italy to operate the Dreamliner and the 45th B-787 operator in the world
Boeing, Neos and AerCap today celebrated the delivery of the leisure carrier's first B-787 Dreamliner. Neos is leasing the B-787/9 through an agreement with AerCap and becomes the first Italian operator... more
IndustryLeonardo to provide baggage handling system at Kuwait City Airport
Kuwait City, Kuwait - The BHS will handle those of the more than 4.5 millon passengers per year
Leonardo has revealed that the company will design, supply and bring into service a complete Baggage Handling System (BHS) at Kuwait City International Airport’s new Terminal 4. The announcement was m... more
IndustryNew entries at Leonardo company: Giancarlo Boi new head of press office
Rome, Italy - He will directly report to Raffaella Luglini, head of the communication
The rumour was circulating long lost about that soon a new player would have been integrated in the Alessandro Profumo's team, CEO of Leonardo -ex Finmeccanica. It is Giancarlo Boi, who leaves the role... more
IndustryLeonardo's sales of artillery aiming systems are on-target
Edinburgh, UK - With EUR 50m exports in 2017
Leonardo has announced sales this year of over 150 units of its ‘Linaps’ artillery pointing system and over 100 FIN 3120 Inertial Navigation Units (INU), worth together more than 50M Euros, signalling a s... more
IndustryConfirmed: Tonino Di Murro acquires Vitrociset
Rome, Italy - As already published by AVIONEWS in September
The businessman from Abruzzo Tonino Di Murro, owner of the 51% of the FG Tecnopolo Holding of Rome, purchased from the Dutch right company Croce International all Ciset Srl that controls 98,5% of Vitrociset... more
IndustryLeonardo: and the showdown...
Rome, Italy - The results of the first 9 months showed a loss of 23% of profits
For many years Finmeccanica -Leonardo has been the flagship of Italian aerospace industry, envied also by its main industrial competitors all around the World. It is a few years that this company has become... more
IndustrySSJ-100 airplane confirms airworthiness certification
Venice, Italy - As of October 2017, there are 105 aircraft in service worldwide and logged more than 340.000 flight hours in 230.000 commercial flights
The Sukhoi Superjet 100 “Implementation Procedures for the Russia-Italy Bilateral Airworthiness Agreement”, announced yesterday in Rome by the Italian Civil Aviation Authority ENAC and the Russian Fed... more
IndustryIndustry and defence (3). Profumo (Leonardo): customers orientation and capacity to adapt offer
Rome, Italy - CEO speaks at the reunited Defence and Production commissions of the Chamber
Alessandro Profumo, CEO of Leonardo, spoke at the reunited Commissions of the Chamber of deputies about the customers orientation and on the capacity to adapt the offer of the company to their needs. "We... more
IndustryIndustry and defence (4). Profumo (Leonardo): the company not got smaller
Rome, Italy - CEO speaks at the reunited Defence and Production commissions of the Chamber of the deputies
"I read always that Leonardo grew smaller", its CEO Alessandro Profumo declared it today at the reunited commissions of the Chamber of deputies. "You make me to say that a company would be seen not from... more
IndustryProfumo-Leonardo (5): changing from a company that sells equipment to a company that sells services -VIDEO
Rome, Italy - The CEO of the industry also spoke about the tender for the T-X: we participate but will not make a price that could lead us to lose money
"More and more we shall change the company from a company that sells equipment into a company that sells services. Certainly I will not be there but I think that in around ten or maybe fifteen years, I... more
IndustryIndustry and defence (2). Profumo (Leonardo): to make choices on business portfolio
Rome, Italy - The CEO of the industry speaks at the Defence and Production reunited Commissions of the Chamber of deputies
In the occasion of the hearing with the Defence and Production reunited commissions of the Italian Chamber of Deputies, Profumo, CEO of Leonardo, speaking on the focused guidelines of reinforcement and... more
IndustryIndustry and defence. Profumo (Leonardo): necessary to invest into technologies on which the Italian Country wants to aim
Rome, Italy - Its CEO speaks at the Defence and Production reunited Commissions of the Chamber of deputies
"We can't invest in activities on which the Italian Country has not intention to invest as State". Alessandro Profumo, CEO of Leonardo said it during informal hearing at the Chamber of deputies speaking... more
IndustryLeonardo: Gian Piero Cutillo new Head of AgustaWestland taking the place of Romiti
Rome, Italy - Is Profumo beginning to build his team?
The meeting of the Board of Directors of Leonardo, that as it was on the agenda shall also appoint the new division heads that shall lead the Group in the future, is taking place today. There is no shortage... more
IndustryLeonardo Teams with Discovery Air Defence and Inzpire to Deliver a Solution for Air Support to Defence Operational Training Programme for the British Armed Forces
London, United Kingdom - Solution capabilities for operational and technological needs of live air training, operations, and simulation to support RAF Typhoon and F-35 Lightning II
Leonardo has teamed with Discovery Air Defence Services Inc. (“DA Defence”), a wholly owned subsidiary of Discovery Air Inc., and Inzpire Ltd. to develop and deliver a customer centered, low-risk, liv... more
IndustryT-X program, the tender for the trainer airplane might be awarded in 2018
Washington, USA - Leonardo, Lockheed and Boeing maybe compelled to wait, funding for the USAF could be not enough to immediately finance the program
The contract award for the T-X program of the US Air Force for the construction of the new trainer airplane for the pilots of the United States -that was expected by the end of the year- might be delayed. In... more
IndustryAirplanes, helicopters and satellite to support of hurricane "Harvey" disaster relief efforts
Rome, Italy - Cosmo SkyMed provide information, C-27J of US Coast Guard for transportation of crew and AW-139 for recovery
As the communities along the Gulf Coast of Texas and Louisiana begin to recover from the devastating effects of Hurricane "Harvey", a number of Leonardo products and technologies have been activated in... more
IndustryVixen 500E AESA radar chosen for Romanian IAR-99 tech demonstrator airplane
Rome, Italy - The prototype aircraft with the device on-board is expected to be ready for testing by the end of 2017
Leonardo’s Vixen 500E AESA radar has been procured by the National Institute for Aerospace Research “Elie Carafoli” (INCAS), Romania’s aerospace research and development establishment, for its new tra... more
IndustryGSE Industria Aeronautica Srl: the auction deadline (August 31) is imminent
Rome, Italy - Design, development, manufacturing and assembly of aerostructures
GSE is private and independent company with more than 20 years experience in production of aeronautical components. The main business areas of GSE are: - Manufacturing engineering of structural aeronautic... more
IndustryLeonardo (2), data of first half 2017 have been released
Rome, Italy - Slight decrease of Revenues compared to the same half of 2016, Net Debt goes down
The financial data of the first half 2017 of the Leonardo Group have been released today after their approval by the Board of Directors of the company. Revenues slightly decrease to EUR 5326 million (-1.6%... more
IndustryLeonardo, the T-100 airplanes for the US and the Russian past of Profumo
Rome, Italy - "Il Fatto Quotidiano" assumes that the assignments in Sberbank of the CEO of the ex-Finmeccanica Group could have a negative impact on the competition for the trainer jet to the USAF
According to an article that was published yesterday by the Italian newspaper "Il Fatto quotidiano" the assignments that Alessandro Profumo -CEO of Leonardo- held in the Russian bank Sberbank could have... more