Industry - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
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IndustryFinmeccanica: agreement sealed with national trade unions on Selex ES reorganization and relaunch plan
Rome, Italy - The Group's company counts 17,000 workers
The Top Management of Selex ES, a Finmeccanica company, met yesterday with National Trade Unions and agreed on the company’s Reorganisation and Relaunch Plan concerning 17,000 workers, distributed mainly b... more
IndustryHelicopters and industry. Finmeccanica's spending review aimed to find resources for the investments
Rome, Italy - 2500 job cuts at Selex Es will generate 150 million Euros in savings
An extended spending review in order to find the resources needed to finance, at least partially, the investments aimed to improve the competitiveness of the group: this is the basement of Finmeccanica's... more
IndustryFinmeccanica-CNR: signed a collaboration framework agreement
Milan, Italy - With the aim of singling out and developing the research programmes
Finmeccanica and CNR (the National Research Council) have signed a Collaboration Framework Agreement today with the aim of singling out and subsequently developing a portfolio of research Programmes. The... more
IndustryHelicopters and industry. Finmeccanica: Pansa cuts his wage by 30%, no severance pay for Orsi
Rome, Italy - The CEO's choice has been followed also by vice-president Venturoni
Finmeccanica follows the Italian spending-review trend: Chief Executive Officer Alessandro Pansa has indeed decided to renounce to the CEO wage (1.6 million Euros), taking just the 800,000 Euros (pre-tax)... more
IndustryFinmeccanica: Alenia Aermacchi signs contract for production of the first complete wing for the F-35 airplane (VIDEO)
Rome, Italy - And for components of the Joint Strike Fighter
"Alenia Aermacchi (AA), a Finmeccanica company, has been awarded a USD 141 million contract by Lockheed Martin for the production of components and for the assembly of the first complete wing for the F-35... more
IndustryAircraft and industry. Alenia Aermacchi celebrates 100th anniversary
Varese, Italy - The sole aeronautical company in the world to boast over a century of activity under the same shared brand
Tomorrow, May 1, 2013, Alenia Aermacchi turned 100 years old. The sole aeronautical company in the world to boast over a century of activity under the same shared brand, Alenia was incorporated in 1913... more
IndustrySelex ES: contract to supply ATC equipment at Hanoi airport in Vietnam
Rome, Italy - Worth around EUR 8 million and will last 19 months
Selex ES, a Finmeccanica company, has been awarded a contract worth around 8 million Euros by the Vietnam Air Traffic Management Corporation (VATM) to develop the New Hanoi Air Traffic Control Centre. The... more
IndustryIn spite of the crisis, Finmeccanica closes the balance sheet of 2012 in progress
Rome, Italy - 2012 consolidated results unanimously approved
The consolidated results relative to 2012 was unanimously approved on Tuesday 23 April 2013 by the board of directors of Finmeccanica, convened under the chairmanship of the Vice-President, Admiral Guido... more
IndustryAlenia Aermacchi inks contract with Eurofighter for Oman's aircraft
Varese, Italy - It will supply components, systems and services
Alenia Aermacchi, a Finmeccanica company, signed a contract worth about EUR 170 million with Eurofighter GmbH for the supply of components, systems and services on Alenia Aermacchi responsibility for the... more
IndustryHelicopters and industry. Finmeccanica launches its "Protocol for the competitiveness of the Group"
Rome, Italy - The key elements: strengthening of the governance, reorganization and restructuring of some business sectors, strategic positioning on the markets
On Tuesday 16 April 2013 Finmeccanica Group presented its "Protocol for competitiveness", an action plan which puts in the middle of the activities of the Italian giant of aerospace and defence industry... more
IndustryFinmeccanica: approved request by the Italian Treasury to postpone decision about position of the new President and CEO
Rome, Italy - During the shareholders' meeting
Finmeccanica shareholders' meeting (participation of shareholders representing 48.05% of the corporation stock), on request of the delegation of Treasury Ministry, Stefano Di Stefano, approved with a majority... more
IndustryAircraft maintenance: Atitech is looking for help from the Region Campania to become a hub in the Mediterranean Sea
Naples, Italy - "We need Naples Airport to give us more space"
Larger spaces available at Naples-Capodichino Airport in order to become a reference hub for all the Meditterranean basin in the sector of aircraft maintenance services: this is the request presented to... more
IndustrySelex ES: contract to supply nine weather radar systems to Brazil
Rome, Italy - For a total value of about EUR 27 million
Selex ES, a Finmeccanica company, through its subsidiary SELEX Systems Integration GmbH, will supply meteorological radar systems to Brazil for a total value of about € 27 million. The subsidiary, t... more
IndustryIs Avio Spazio in EADS' sights?
Rivalta di Torino, Italy - No official confirmation, but the advisers might have already been chosen
According to rumours circulating between sector analysts, European Aeronautic Defence and Space Company (EADS), Europe's largest aerospace firm in terms of turnaround, is reportedly preparing an offer... more
IndustryFinmeccanica on the roller-coaster, waiting for confirmation of the prospected sale of Avio Spazio
Milan, Italy - Safran, Thales and EADS reportedly interested in the purchase
The quotation of the shares of Finmeccanica at Milan Stock Exchange during the past 12 months fluctuated between 2.61 and 5.17 Euro; at 12:40 pm today the stock had a price of 3.69 Euro, declining 1.81%. The... more
IndustrySukhoi Superjet 100 aircraft of Yakutia performs its flight from Russia to Asia
Moscow, Russia - The first airplane for Sky Aviation arrived to Indonesia
On February 28, 2013 Yakutia Airlines Sukhoi Superjet 100 aircraft (RA-89011) made its first commercial flight to Asia, from Yakutsk (Russia Far East) to Kharbin (China). On this route the airline operates... more
IndustryTender for Indian helicopters: Sikorsky ready to replace AgustaWestland
Stratford, USA - "Shortcomings in the chopper will be addressed"
Sikorsky communicated it is ready to replace AgustaWestland in the supply of 12 VVIP transport helicopters to India if the agreement with the Anglo-Italian company for the AW-101 is cancelled. The contract... more
IndustrySelex ES: contract for the supply of six PAR systems to the French Air Force
Rome, Italy - The agreement also includes post sales logistic support
Selex ES, a Finmeccanica company, signed a contract with the Direction Géneral de l’Armement (DGA) of the French Ministry of Defence, worth about 22 million Euros to provide six Precision Approach Radar sy... more
IndustryAlenia Aermacchi and General Dynamics: LOI signed to compete for the USAF trainer aircraft
Falls Church, Usa - The airplane will replace aging T-38 jets
General Dynamics and Alenia Aermacchi, a Finmeccanica company, announced on January 17, 2013 the signing of a Letter of Intent (LOI) to join forces and compete for the US Air Force’s T-X trainer program, w... more
IndustryAlenia Aermacchi (Finmeccanica Group) signed contract for logistics support for Israeli M-346 fleet aircraft
Rome, Italy - With Elbit Systems for USD 140 million
Alenia Aermacchi, a Finmeccanica company, was awarded a $140 million contract from Elbit Systems, Ltd. for its share of logistics support (CLS) services for the 30 Alenia Aermacchi M-346I advanced trainer... more
IndustrySSJ-100 airplane: agreement with Sky Aviation for after-sales support of models in fleet
Venice, Italy - Worth up to USD 57 million for a term of 10 years
SuperJet International –a joint-venture between Alenia Aermacchi (a Finmeccanica Company) and Sukhoi Holding– announced on December 21 the execution of a “SuperCare” Agreement with the launch customer for Sou... more
IndustrySeven additional ATR-72/600 airplanes for Avation Plc
Toulouse, France - Valued at over USD 160 million
The world’s regional turboprop aircraft manufacturer ATR and Singapore-based lessor Avation PLC announced on December 18 the signature of a new contract for the purchase of 7 additional -72/600s, valued a... more
IndustryAircraft and engines. General Electric prevailed over France's Safran to acquire Avio, sources said
Turin, Italy - The Turin's company was evaluated roughly 4 billion dollars, the announcement could arrive in a few days
According to reliable sources, US' giant General Electric (GE) prevailed, with a 3-billion-Euro offer on France's Safran to acquire Avio from BCV Investment, whose majority stake is owned by UK's private... more
IndustryNorthrop Grumman-Finmeccanica joint-venture withdraws from the race for the new USAF helicopters
Washington, USA - Another three companies leave the competition: Sikorsky is the only one left
The joint-venture formed by Northrop Grumman and AgustaWestland, which is a subsidiary of Finmeccanica Group (AVIONEWS) withdrew from the 6.84 billion dollars competition to provide 112 new combat-and-rescue... more
IndustryMilitary aircraft. Selex Sistemi Integrati-Snecma agreement for the mission planning systems (IAF MSS)
Rome, Italy - Worth 3,4 million Euros
SELEX Sistemi Integrati, a Finmeccanica company, signed a contract worth 3,4 million Euros, with the agency NETMA (NATO Eurofighter and Tornado Management Agency) to supply a two year support for the... more
IndustryAircraft and traffic. Selex Sistemi Integrati: agreements for radar systems for the ATC in China
Rome, Italy - To the Chinese CAAC
SELEX Sistemi Integrati, a Finmeccanica company, proves to be the first supplier of radar systems for air traffic control in China, thanks to new contracts signed to provide primary and secondary radar... more
IndustrySelex Sistemi Integrati signs MoU with ADSI
Rome, Italy - The Memorandum identifies ten projects for a total value of 25 Million Euros
Selex Sistemi Integrati, a Finmeccanica company, and Abu Dhabi Systems Integration (a joint-venture between Abu Dhabi Ship Building and Selex Sistemi Integrati) signed a Memorandum of Understanding for... more
IndustryFinmeccanica: orders with AgustaWestland for seven AW-139 helicopters plus indents for Ansaldo Energia
Rome, Italy - Worth a total of about EUR 130 million
Finmeccanica has been awarded new contracts worth a total of about EUR 130 million through its companies AgustaWestland and Ansaldo Energia. In particular, AgustaWestland, the Finmeccanica helicopter... more
IndustryFinmeccanica. Performance by business segment: Aeronautics
Rome, Italy - New orders: for the reporting period came to €2,224 million
Alenia Aermacchi (with effect from 1 January 2012, Alenia Aermacchi SpA and Alenia SIA SpA were merged into Alenia Aeronautica SpA, which changed its name to “Alenia Aermacchi SpA), GIE-ATR (figures r... more
IndustryAustralian Government signs Global Supply Chain program deed with Finmeccanica
Rome, Italy - The deed is an important step in the strategy to grow an enduring the Group presence
On October 31 at the "Land Warfare Conference" in Melbourne Australia, the Minister for Defence Materiel, the Hon Jason Clare MP, signed a Deed to enter Finmeccanica into the Australian Government Global... more
IndustryHelicopters and industry. Finmeccanica inquiry in Naples (4): is Orsi tottering?
Rome, Italy - AVIONEWS provides a portrait of the possible successors
The last developments of the inquiry on Finmeccanica which is carried on by Naples' Public Prosecutors could jeopardize the position of Giuseppe Orsi as chairman and chief executive officer of the group.... more
IndustryThe Lithuanian Military Navy first in Europe to use SELEX Sistemi Integrati’s CMS
Rome, Italy - On three patrol vessels
For the first time ever in Europe and outside Italy, SELEX Sistemi Integrati, a Finmeccanica company, has made its combat management system (CMS) ATHENA operational on three patrol vessels belonging to... more
IndustryRoll-In ceremony of the new SSJ-100 airplane to be completed in the hangar of SuperJet International in Venice
Venice, Italy - In its green configuration
On October 19th 2012 the roll-in ceremony of the first Sukhoi Superjet 100 (SSJ-100) aircraft, which arrived in Venice for completion, was held in the hangar of SuperJet International (SJI). The SSJ-100,... more
IndustryHelicopters and industry. Finmeccanica CEO's lawyer: "Resignation? Only if requested by the government"
Rome, Italy - "His intention is to stay on and defend himself"
Ennio Amodio, the lawyer of Giuseppe Orsi, chairman and CEO of Finmeccanica Group, convened a press conference in his office in Milan on October 15, 2012, to clarify the position of his client. Orsi was... more
IndustryFinmeccanica: new orders worth about EUR 93 million
Rome, Italy - Through its companies AgustaWestland, SELEX Galileo, SELEX Elsag and DRS Technologies
Finmeccanica has been awarded new orders for a total value worth about EUR 93 million through its companies AgustaWestland, SELEX Galileo, SELEX Elsag and DRS Technologies. In detail, AgustaWestland,... more
IndustryAlenia Aermacchi delivers the 100th B-787 Dreamliner mid-fuselage section of the airplane
Taranto, Italy - A significant step in a process launched in 2004
Alenia Aermacchi, a Finmeccanica company, delivered to Boeing the 100th 787 Dreamliner mid-fuselage section achieving an important production milestone. Alenia Aermacchi is positioning to meet the program's... more
IndustryAircraft and industry. Finmeccanica CEO in the US for talks with Boeing: merger plans?
Rome, Italy - The union of the two groups would create a company virtually larger than the EADS-BAE Systems marriage
The Italian newspaper "Il Messaggero", in its edition released on October 3, 2012, reports the news of the business trip in the United States of Giuseppe Orsi, Chairman and CEO of Finmeccanica Group: the... more
IndustryAircraft and industry. Bonferroni leaves Finmeccanica's board
Rome, Italy - The former executive desires to avoid any repercussions for Finmeccanica because of personal matters concerning his own professional activities
Finmeccanica has announced that Franco Bonferroni has resigned from his position as a member of the company’s board of directors. The company clarified that, in explaining his resignation, which was n... more
IndustryAircraft and industry. EADS-BAE merger: Germany and United Kingdom want to see clearly
London, United Kingdom - London launches probe on the impact of the possible tie-up, Berlin wants guarantees about maintaining of the production sites
The possible merger between EADS and BAE Systems, which would create a 70-billion-Euro-per-year-turnover giant of the aerospace sector (AVIONEWS), must face the perplexities of Germany and United Kingdom... more
IndustryAircraft and industry. BNP doubts Finmeccanica-Thales alliance can be successful
Paris, France - According to the bank, the French firm would be better of joining Dassault
BNP Paribas, one of the most important banking groups in the world, released a report in which it expresses its doubts about a Finmeccanica-Thales merger, which has been suggested by several analysts in... more
IndustrySELEX Sistemi Integrati in Turkey for the VTS Symposium
Rome, Italy - The event took place in Istanbul from September 10 to 14
SELEX Sistemi Integrati (SSI), a Finmeccanica company, world reference in systems and radars for defence and security, for maritime, airport, and air traffic control and management systems took part to... more
IndustryFinmeccanica: "The Fact" and the forgiveness
Rome, Italy - Giuseppe Orsi will not bring an action against Guarguaglini. For the moment.
The Italian daily "il Fatto Quotidiano" (the Daily Fact), has published an interview to the former Finmeccanica's CEO Pier Francesco Guarguaglini. Many people were disappointed by his declarations, since... more
IndustryFinmeccanica. Performance by business segment: aeronautics
Rome, Italy - New orders came to €1,556 million
Alenia Aermacchi (With effect from 1 January 2012, Alenia Aermacchi SpA and Alenia SIA SpA were merged into Alenia Aeronautica SpA, which changed its name to “Alenia Aermacchi SpA”), GIE-ATR (Figures rel... more
IndustryAlenia Aermacchi: contract for M-346 airplanes
Rome, Italy - Signed with Israeli MoD
Alenia Aermacchi, a Finmeccanica company, has signed a contract with Israeli Ministry of Defence to supply 30 M-346 advanced trainer aircraft. The deal is part of a larger Government-to-Government... more
IndustryFinmeccanica: agreements with Israel for 30 M-346 airplanes and flight control systems
Rome, Italy - Worth USD 850 million
In the framework of a collaboration agreement between the Italian and Israeli governments, Finmeccanica announced today that it has signed contracts worth approximately USD 850 million through the operational... more
IndustryFinmeccanica looks for alliances with its European competitors
Rome, Italy - "If things continue like this, we will have no future"
Giuseppe Orsi, chief executive officer and chairman of Finmeccanica, the Italian hi-tech industrial group, has allegedly said that European defence industries risk not being capable of carrying on profitable... more
IndustryRosoboronexport, Selex Elsag, Selex Galileo and Wass sign agreement to grow in the Patrol Aircraft market
London, UK - During the "Farnborough Airshow"
The Russian Defence Export Agency JSC ROSOBORONEXPORT and the Finmeccanica companies SELEX Elsag, SELEX Galileo and WASS have signed, at the "Farnborough Airshow", three Cooperation Agreements to propose... more
IndustrySaab Swordfish announced at the "Farnborough International Air Show"
London, United Kingdom - "We offer a cost-effective and affordable solution"
Saab, the popular Swedish aeronautical firm, announced that its Saab 2000 turboprop regional aircraft can be adapted for maritime patrol applications. The new variant is going to be named "Swordfish". In... more
IndustryFinmeccanica wins a new order worth EUR 140 million
Rome, Italy - As part of NATO’s Alliance Ground Surveillance programme
SELEX Galileo, a Finmeccanica company, has been awarded a contract worth € 140 million by prime-contractor Northrop Grumman Corporation as part of NATO’s Alliance Ground Surveillance (AGS) programme. The AGS... more
IndustryAircraft and industry: Giuseppe Orsi wants to hire Guy Griffiths to lead new SuperSelex
Rome, Italy - The Group Managing Director – International of BAE Systems expected as the new president
Italian dailies reported today that Giuseppe Orsi, CEO of Finmeccanica, is looking to an Englishman to lead the new SuperSelex, the Finmeccanica subsidiary which is expected to integrate the current Selex... more