Industry - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
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IndustryFinmeccanica-Alenia Aermacchi has signed with Slovak Defence a contract for two C-27J Spartan aircraft
Turin, Italy - Including the relative initial logistic support and the training of pilots and maintenance personnel
Finmeccanica-Alenia Aermacchi and the Slovak Defence Ministry have signed yesterday, 29th October, a contract for the supply of two C-27J Spartan aircraft, including the relative initial logistic support... more
IndustryHitachi calms spirits down over AnsaldoBreda purchase
Tokyo, Japan - The Japanese company is getting high profits in the railway sector
The Japanese look more aloof than expected over purchasing Finmeccanica’s train manufacturer AnsaldoBreda (for details see AVIONEWS 1 and 2). According to the “Wall Street Journal”, Hitachi CFO Toyoaki Nakam... more
IndustryAirplanes and industry. Finmeccanica reorganization: top-line management is at risk
Rome, Italy - The new organizational chart will be presented in January, but uncertainty on the Group’s future is spreading
Ever since he assumed the charge of Finmeccanica CEO, Mauro Moretti claimed he wants to turn around the company’s “Obsolete governance” as he stated during hearings at the Senate and the Chamber of De... more
IndustryBoD of Finmeccania about the process for the disposal of railway transportation sector of the Group
Rome, Italy - An additional period of a few weeks was granted for the submission of the final offers on AnsaldoBreda
In the meeting held yesterday, the Board of Directors of Finmeccanica was given an update by the CEO about the process for the disposal of Railway Transportation Sector of the Group. In this regard,... more
IndustryFinmeccanica CEO chooses the Japaneses for Ansaldo, while Renzi prefers the Chineses. Who’s going to win?
Rome, Italy - Meanwhile in Genoa Selex ES employees are on strike against the Group’s new strategy
The Chinese hypothesis could weaken for AnsaldoBreda, train manufacturer controlled by Finmeccanica. As reported by AVIONEWS, CEO Mauro Moretti decided to sell the transport divisions to streamline the... more
IndustryMatteo Renzi and Mauro Moretti attended 150th anniversary celebrations of Officine Galileo, today Finmeccanica-Selex ES
Florence, Italy - At Campi Bisenzio, the MD and CEO welcomed the Prime Minister and Minister of Defence, Pinotti; present were the Chiefs of Staff of the Army and Navy and local authorities
The Managing Director and Chief Executive Officer of Finmeccanica, Mauro Moretti, welcomed the Italian President, Matteo Renzi, and the Minister of Defence, Roberta Pinotti, yesterday afternoon to celebrations... more
IndustryAirplanes and industry. Italian union Uilm: Finmeccanica reorganization plan will cause “Thousands of layoffs”
Rome, Italy - According to the union, the Group CEO’s project will not even generate profits
The business plan presented by Finmeccanica CEO Mauro Moretti at the Italian Chamber of Deputies last October 21 (for details see AVIONEWS) will cause Much sufferings, said the Secretary General of the... more
IndustryFinmeccanica-Selex Es acquires Tactical Technologies Inc., strengthens electronic warfare offer
Rome, Italy - A Canadian company that operates worldwide as supplier of software and services
Finmeccanica–Selex ES has completed the acquisition of Tactical Technologies Inc. (TTI) operating out of Ottawa, Canada. TTI is a well-respected independent supplier of electronic warfare analysis software a... more
IndustryAirplanes and industry. Finmeccanica CEO reaffirms his intentions to reduce the Group’s business activities at the Italian Chamber of Deputies
Rome, Italy - Finmeccanica business plan will be presented in December
Mauro Moretti, Finmeccanica CEO, participated last evening, October 21, at an informal hearing at the Chamber of Deputies’ Industry Commission. In his opening report, Moretti reaffirmed his reorganization p... more
IndustryAirplanes and industry. Italian Stock Exchange authority asks for explanations on the Finmeccanica’s debts
Rome, Italy - The Group CEO said that “Actual debt” is greater than in 2013 during hearing at the Senate
Statements pronounced by Finmeccanica CEO Mauro Moretti during an informal hearing at the X Commission for Industry of the Italian Senate (for details see AVIONEWS) caught the attention of Consob, government... more
IndustryFinmeccanica’s takes part in "World Food Day 2014"
Rome, Italy - The Group supports the initiative through its “Responsible Canteens programme”
Finmeccanica is supporting "World Food Day 2014" promoted by FAO, through its “Responsible Canteens programme”, a project implemented in partnership with the Fondazione Banco Alimentare Onlus, the Sit... more
IndustryAirplanes and industry. Finmeccanica: governance is obsolete
Rome, Italy - The Group CEO Mauro Moretti defends his own conduct during hearing at the Senate
“A company doing too many things, with obsolete governance”. This is, in synthesis, the content of the informal hearing by Finmeccanica CEO Mauro Moretti at the X Commission for Industry of the Italian Sen... more
IndustryFinmeccanica-Alenia Aermacchi selects Williams International FJ44-4M to power M-345 HET aircraft
Venegono Superiore, Italy - Development is undergoing and the aircraft entry into service is envisaged at the end of 2017
Following a selection process which included detailed preliminary studies and ended up in a formal Request For Proposal opened to several Engine Manufacturers, Finmeccanica-Alenia Aermacchi selected Williams... more
IndustryAgreement between Fincantieri and Finmeccanica for naval vessels
Rome, Italy - The announcement on the occasion of the launching ceremony of the “Pietro Venuti” submarine
Today, in the presence of Minister of Defence Roberta Pinotti, the Fincantieri shipyard in Muggiano (La Spezia) hosted the launching ceremony for the “Pietro Venuti” submarine, the third unit of the fou... more
IndustryAirplanes and industry. Finmeccanica Group subsidiary pays US Government 13 million dollars as trial settlement
Washington, USA - DRS Technologies was accused of overbilling two public contracts
DRS Technologies, American company purchased by Finmeccanica in 2008, had been summoned to court by the USA government for violating contract labour requirements concerning the job qualifications to perform... more
IndustryAirplanes and industry. Finmeccanica: Orsi to be sentenced in Italy today, Moretti ready to pay penalty to India
Rome, Italy - Finmeccanica CEO said he would do anything to get over the deadlock caused by the bribery-case
Finmeccanica CEO Mauro Moretti, interviewed by the Indian newspaper “Hindustan Times”, said he would do anything in his powers to repair ties between the Group and the Asian country, compromised by the... more
IndustryUANI asks Finmeccanica about its interests in Iran
New York, USA - FATA, a subsidiary of the Group, appears to be among the participants at the First Forum Europe-Iran
The American organization UANI (United against nuclear Iran) sent Finmeccanica CEO Mauro Moretti a letter asking explanations about the participation at the First Forum Europe-Iran of FATA, subsidiary... more
IndustryAirplanes and industry. Finmeccanica: Moretti presents the new organizational chart
Rome, Italy - But designations will be made on October 10
Yesterday, Monday October 6, Finmeccanica Chief Executive Director Mauro Moretti presented the new first level structure of the company to the top managers of the Group. As reported by AVIONEWS, Moretti... more
IndustryFinmeccanica: available on the vision, the documentation of the board minutes 09/25/2014
Rome, Italy - As well as the statute updated
Under the current legislation, Finmeccanica advises that the minutes of the Board of Directors’ meeting held on 25 September 2014, containing formal amendments to the By Laws pursuant to the provisions o... more
IndustryAirplanes and industry. Finmeccanica to reorganise corporate structure
Milan, Italy - Subsidiaries will be transformed into company departments
Finmeccanica CEO Mauro Moretti will explain his reorganisation plan to top management of the Group on Monday, October 6. The project, developed in collaboration with the American management consulting... more
IndustryAirplanes and industry. Finmeccanica new path meets Uilm criticism
Rome, Italy - The metalworkers’ union questions the new management’s attitude towards workers and subsidiaries
Uilm (Italian union representing metalworkers) sent all Finmeccanica employees a letter expressing criticisms over the policies of the Group lead by Mauro Moretti. The union not only accuses the company’s m... more
IndustryIndia: Finmeccanica included in an industrial transformation project despite helicopters scandal
New Dehli, India - The Italian Group figures in the foreign investors list of the campaign “Made in India”
Finmeccanica Group has been included in the list of foreign investors in the campaign “Make in India”, launched by Prime Minister Narendra Modi. Along the Italian holding, there are firms like Lockheed Mar... more
IndustryFinmeccanica is selling AnsaldoBreda
Rome, Italy - The candidates are four, but Bombardier could join
Finmeccanica board of directors approved yesterday the selling of AnsaldoBreda, its subsidiary maker of trains and underground trains whose balance sheet is in loss. The notice, released yesterday and... more
IndustryFinmeccanica-Ansaldo Breda: BoD shared advisors analysis and evaluations
Rome, Italy - There are the right conditions to proceed to the next stage calling for binding offers
Finmeccanica’s Board of Directors, having been informed by the CEO on the offers received regarding the disposal of Ansaldo Breda, shared its Advisors UBS and Mediobanca’s analysis and evaluations, and... more
IndustryAirplane exhibitions. Major aviation industries meet in Africa
Tshwane, South Africa - The international event “Africa Aerospace and Defence” started on September 17
The eighth edition of “Africa Aerospace and Defence” (Aad) is underway in Tshwane, South Africa. The international civil and military airplane exhibition, taking place every two years in September, sta... more
IndustryFinmeccanica-Alenia Aermacchi receives the National Innovation Award
Rome, Italy - Delivered by the Minister Stefania Giannini
Finmeccanica–Alenia Aermacchi has been assigned the Premio Nazionale per l’Innovazione, the National Innovation Award, established by the Government at the National Foundation for Technological Innovation COT... more
IndustryRenewal in Finmeccanica’s top management: Guido Crosetto president of Aiad?
Rome, Italy - Mauro Moretti introduces new rules and simplifies the boards of directors of Finmeccanica’s subsidiaries
Guido Crosetto, founding member of the party “Fratelli d’Italia” and undersecretary of Defence in the last Berlusconi government, could become the new president of Aiad, the Italian association of aeros... more
IndustryRenewal in Finmeccanica’s top management: Guido Crosetto president of Aiad?
Rome, Italy - Mauro Moretti introduces new rules and simplifies the boards of directors of Finmeccanica’s subsidiaries
Guido Crosetto, founding member of the party “Fratelli d’Italia” and undersecretary of Defense in the last Berlusconi government, could become the new president of Aiad, the Italian association of ae... more
IndustryFinmeccanica: statement concerning alleged decisions by the Indian MoD relating to existing contracts with the Group's companies
Rome, Italy - It has not received any official communication from any of the relevant authorities
With reference to the many and often contradictory press articles concerning alleged decisions by the Indian MoD relating to existing contracts and future business with Finmeccanica companies, Finmeccanica... more
IndustryFinmeccanica: waiting for the half-year report
Rome, Italy - Considering the figures of the placing on the stock exchange (-2,8) it seems that the company is suffering from the lack of orders
Finmeccanica decreased by -2,87 up to 7,78 Euros on the shareholding. According to experts, it is foreseen a negative, or maybe not very successful, half-year report, that is going to be published in these... more
IndustryFinmeccanica: Sistri, Selex ES will discontinue its participation in the programme after termination of the contract
Rome, Italy - The company intends to avoid the risk of suffering new damages beyond those already endured
Selex Service Management, a company owned by Finmeccanica-Selex ES, has informed the ItalianMinistry for the Environment, Territory and Sea, of its intention to discontinue its participation in the SISTRI... more
IndustryAgustaWestland. The Indian Government postponed the decision for the purchase of 116 multipurpose helicopters
Rome, Italy - The reason would be the participation of the subsidiary of Finmeccanica
According to sources close to the Indian Ministry of Defence, reported by the news agency “Pti”, New Delhi has postponed the decision for the purchase of 116 military multipurpose helicopters, to which the... more
IndustryFinmeccanica. F-35 airplane: the US Undersecretary of Defense, Kendall, expresses satisfaction during site visit to Cameri
Rome, Italy - Welcomed by general Stefanini and General Preziosa, Hewson (Lockheed Martin) and Mauro Moretti
A US delegation from the Department of Defense led by the Undersecretary of Defense for Acquisition, Technology and Logistics, Frank Kendall, visited today the manufacturing plant managed by Finmeccanica-Alenia... more
IndustryFinmeccanica-Alenia Aermacchi: the first two M-346 aircraft delivered to the Israeli Air Force
Venegono Superiore, Italy - The airplanes will gradually replace the TA-4s currently operated by the IAF
The first two advanced trainer M-346 produced for the Israeli Air Force (IAF) have been delivered yesterday to the Hatzerim Israeli Air Force Base, which will gradually replace the TA-4s currently operated... more
IndustryFinmeccanica-Wass: highly positive results for new battery’s test
Livorno, Italy - With the support of Italian Navy’s technical staff
Last 25th of June, at “Centro Sperimentale Prove Apparati Elettrochimici” of Military Base in CIMA – Aulla (La Spezia), Finmeccanica – WASS, with the support of Italian Navy’s technical staff, has succe... more
IndustryFinmeccanica-Wass: second launch from Italian Navy submarine for BSA heavyweight torpedo
Livorno, Italy - The performances of new generation weapon has been confirmed even in the Ionian Sea
Last 19th June the Italian Navy Submarine “Scirè” (U212/A Type) successfully launched for the second time Black Shark Advanced (BSA) in the Gulf of Taranto. BSA jointly developed by Finmeccanica–WASS and th... more
IndustryFinmeccanica-Selex ES to upgrade air defence radars in Turkey
Rome, Italy - A contract worth approximately 12 million Euros signed with the NATO
Finmeccanica-Selex ES has signed a contract worth approximately 12 million Euros with the NATO support agency NSPA to modernise three RAT 31 DL three-dimensional air defence radar systems. The radars are... more
IndustryThales Alenia Space seeks social insurance for 350 engineers of the Cosmo-SkyMed program
Rome, Italy - There are no more funds to continue, according to union sources
Thales Alenia Space means to start the social insurance process for 350 of its employees working at the Cosmo-SkyMed 2 (Constellation of four Small Satellites for Mediterranean basin Observation) program. It... more
IndustryFinmeccanica-Selex ES and IMPACT to collaborate against cyber threats
Rome, Italy - Over the past few years, the attacks around the world have become highly sophisticated
Finmeccanica–Selex ES and the International Multilateral Partnership Against Cyber Threats (IMPACT), a key partner of the United Nations’ International Telecommunications Union (ITU), have signed a mem... more
IndustryHelicopters. AW and Havelsan sign MoU to collaborate on training systems
Cascina Costa, Italy - Witnessed by the Turkish Undersecretary for Defense Industry
Finmeccanica-AgustaWestland and Havelsan announced the signature of a Memorandum of Understanding (MoU) to collaborate and jointly market and sell their complementary training products and capabilities.... more
IndustrySelex ES (Finmeccanica): Cyber Security Centre of excellence is inaugurated
Rome, Italy - In Chieti (Italy), in the preence of the Minister of the Interior
This morning, Selex ES (a Finmeccanica company) inaugurated the company’s new Cyber Security Centre of Excellence in Chieti, Italy, in the presence of the Minister of the Interior Hon Angelino Alfano. T... more
IndustryAircraft and industry (2). Pansa: "Finmeccanica is once again a ship cpable of sailing"
Rome, Italy - The outgoing CEO will be replaced by Mauro Moretti
"The board of directors which expires today is leaving to the new board a company which experienced great issues. Using a metaphore, one year and a half ago Finmeccanica was a ship which was beached on... more
IndustryAircraft and industry. Finmeccanica: shareholders' meeting rejects honourability requirements for the managers
Rome, Italy - The 75% quorum was not reached
Finmeccanica's meeting of shareholders, which met today to approve 2013 balance sheet, rejected the entry in the statute of the honourability requirements for the managers, a measure which was strongly... more
IndustryATR aircraft: over 100 firm orders already booked since the beginning of 2014
Toulouse, France - Two of these (DAE and Binter Canarias) already announced at the "Singapore Airshow"
The European regional aircraft manufacturer ATR announced an outstanding order intake of over 100 firm aircraft in the first four months of 2014. The /600 series aircraft are leading the way among all... more
IndustrySelex ES launches TacSat Razor, an innovative, lightweight, UHF tactical satellite, man-portable antenna
Rome, Italy - At the "Sofex" exhibition (6-8 May) in Amman, Jordan
Selex ES, a Finmeccanica company, has launched the TacSat Razor Antenna, an innovative solution to the need to provide front-line forces with robust, lightweight, on-the-move, high performance tactical... more
IndustryMilitary airplanes. Selex ES: tests confirm operating capability of the BriteCloud system
Luton, UK - It is a self-contained Digital RF Memory (DRFM) jammer
Selex ES, a Finmeccanica company, has successfully carried out multiple end-to-end tests of its BriteCloud Expendable Active Decoy (EAD) technology. The tests proved the new technology’s capability under l... more
IndustryAircraft and industry. Moretti is Finmeccanica's new CEO
Rome, Italy - Gianni De Gennaro confirmed as chairman of the aerospace and defence giant
Mauro Moretti is the new Chief Executive Officer of Finmeccanica: the current head of Ferrovie dello Stato, the Italian rail service, will replace Alessandro Pansa, who had took its office of CEO of the... more
IndustrySelex ES consolidates presence in the Kingdom of Saudi Arabia
Riyadh, Saudi Arabia - The offices provide an ideal base to consolidate and establish business contacts
Fabrizio Giulianini, Chief Executive Officer of Selex ES, a Finmeccanica company, today officially opened the new Riyadh offices of Selex ES Saudi Arabia in the presence of highly distinguished representatives... more
IndustrySelex Es: Miysis DIRCM sees success in NATO Trial
Edimburgh, UK - Launched at "IDEX 2013"
The Miysis Directed Infrared Countermeasure (DIRCM) system developed Selex ES, a Finmeccanica company, was successfully demonstrated in March 2014 as part of NATO Trial EMBOW XIV. During the flight... more
IndustrySelex Es has delivered the new baggage handling system for the D pier in the International Airport "Leonardo da Vinci" to Aeroporti di Roma
Rome, Italy - The area devoted to Schengen flights
Selex ES, a Finmeccanica company, has delivered a new baggage handling system operating at the Pier D, the area devoted to Schengen flights of the "Leonardo da Vinci" airport. Under the contract, awarded... more