Industry - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
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IndustryFinmeccanica: SELEX Sistemi Integrati signed a contract in Thailand with the Royal Thai Navy
Rome, Italy - For an air traffic control system
SELEX Sistemi Integrati, a Finmeccanica company, has been awarded a 4,5 million Euro contract by the Royal Thai Navy – RTN for the supply of an air traffic control system. The supply consists of a... more
IndustryFinmeccanica and Mubadala create industrial partnership
Rome, Italy - Abu Dhabi-based Aerospace Composites plant takes next step in development
"Finmeccanica, the Italian leading aerospace, defence and security company, and Mubadala Development Company (Mubadala), an Abu Dhabi-based business development and investment company, today announced... more
IndustryAlenia Aeronautica (4): Alenia North America Inc.
Waco, Usa - The US society is also a shareholder in several joint-venture companies located in the US
"Alenia North America is a subsidiary of Alenia Aeronautica and part of the Finmeccanica Group. Its mission is to further expand the industrial and commercial presence of the Alenia Group in North America.... more
IndustryAlenia Aeronautica: first C-27J delivered to the US Armed Forces in Waco, Texas
Waco, Usa - This 2.04 billion dollar contract for the tactical transport aircraft is the greatest export success ever for an airplane designed and manufactured in Italy
"Finmeccanica, its subsidiaries Alenia Aeronautica and Alenia North America, and its US partner L-3 have delivered the first of the 78 C-27Js Spartan ordered last year within the Joint Cargo Aircraft (JCA)... more
IndustryAlenia Aeronautica (3): committed to deliver innovative solutions
Waco, Usa - It's partner and long-held relationships with the main world aerospace groups
"With over 90 years of history and successes, Alenia Aeronautica is the Italian leader in the aeronautic sector and a major international player in the aerospace industry. Alenia Aeronautica is known for... more
IndustryAlenia Aermacchi: competition "Let's name the M-346"
Varese, Italy - A great name for a great future
Alenia Aermacchi, a Finmeccanica company, is launching a competition to name its new M-346 aircraft. The M-346 is the only new generation advanced/lead-in fighter trainer currently available in Europe.... more
IndustryAlenia Aermacchi: the first MB-339CD for the Italian Air Force takes to the air in the new configuration
Venegono, Italy - It's the first of 14 airplanes covered by the agreement
"In late September Alenia Aermacchi test flew the first MB-339CD upgraded to Batch 2 standard. Over the following days the aircraft completed its company test flights and is now ready to be submitted to... more
IndustryAlenia Aeronautica: launch of the technical activities for the “Green” aircraft of the future
Caserta, Italy - The new eco-compatible regional aircraft could enter into service before 2020
"Today sees the start of the technical activities on the new technologies for the passengers transport aircraft of the future: the 'Green Regional Aircraft', a project led by Alenia Aeronautica, a Finmeccanica... more
IndustryLockheed Martin and Alenia Aeronautica sign contract for initial production of F-35 wings
Rome, Italy - For a total value of over USD 15 million
"Lockheed Martin and Alenia Aeronautica, a Finmeccanica company, have signed today the first contract starting Alenia Aeronautica’s production of the wings for the F-35 Lightning II Joint Strike Fighter. The c... more
IndustryAlenia Aeronautica unveils its new Test Centre in Turin-Caselle
Turin, Italy - The ceremony has taken place today
"Alenia Aeronautica, a Finmeccanica company, has inaugurated today in Turin-Caselle the new Ground Test Centre dedicated to testing and qualification of commercial and military aircraft. The ceremony has... more
IndustrySuperjet 100 deliveries could be postponed?
Moscow, Russia - Sukhoi source reports
A source close to Sukhoi, which is building the new Superjet 100 aircraft joining with Alenia Aeronautica (Finmeccanica group), reports deliveries of the plane (73 stopped orders and 31 options) that's... more
IndustryAlenia Aeronautica: Boeing 787 "Dreamliner" structure test a success
Rome, Italy - Took place at Alenia’s Pomigliano plant in Naples
"Alenia Aeronautica, a Finmeccanica company, successfully completed destructive testing on the horizontal stabilizer of the Boeing 787 Dreamliner aircraft. The test took place at Alenia’s Pomigliano p... more
IndustrySukhoi Superjet 100, the safest Russian airliner
Moscow, Russia - It will operate medium-haul flights
Russia's new Superjet 100 airplane is ready to become the safest plane in the whole Russian civil aviation. The Superjet 100 project has been developed by the Sukhoi Design Bureau in collaboration with... more
IndustryAlenia Aeronautica (2): C-27J Spartan - Joint Cargo Aircraft successfully completes first flight in Italy
Turin, Italy - The delivery of the first aircraft to the U.S. Air Force is foreseen by September 25, 2008
"The first C-27J airplane for the U.S. Armed Forces has made its maiden flight in Turin-Caselle, at Alenia Aeronautica’s Flight Test Centre. The first US C-27J will be engaged in a test campaign, e... more
IndustryBoeing: agreement to acquire Vought share of Global Aeronautica closes
Seattle, United States - It's 50-50 JV between boeing and Alenia Aeronautica for sub-assembly production of Boeing's 787
Boeing announced today it has finalized the agreement to acquire Vought Aircraft Industries' interest in Global Aeronautica, LLC, a South Carolina fuselage sub-assembly facility for Boeing's newest airplane,... more
IndustryFinmeccanica: the shareholder's assembly appointed the new Board of Directors
Rome, Italy - Reconfirmed Guarguaglini as President of the company
The Finmeccanica's shareholder assembly has appointed today in Rome the new Board of Directors that will be in office for the 2008-2010 period, until the approval of the accounts 2010. This the new... more
IndustryAlenia Aeronautica and Pininfarina: a long-term partnership
Turin, Italy - On High-Tech and Design “made in Italy
"Within a long-term partnership between Alenia Aeronautica, a Finmeccanica Company, and Pininfarina Extra (Pininfarina Group) – which will cover also testing, aerodynamics, mock-up, 3D animations – , A... more
IndustryEuropean Commission: go-ahead to Alenia and Boeing for the purchase of Global Aeronautica
Brussels, Belgium - Finmeccanica courted by Airbus
European Commission has given yesterday the go-ahead to the purchase of Vought Aircraft Industries by the Boeing Company and Alenia North America, through Global Aeronautica that would become a 50/50 joint-venture... more
IndustryFinmeccanica: list of candidates for the new Board of Directors' appointment
Rome, Italy - The assembly will be held on June 5th and 6th
The Finmeccanica shareholder assembly has been announced on June 5th and 6th. The Economics Ministry (that has 33.7% of the company) presents the following list of candidates: - Pier Francesco Guarguaglini... more
IndustryFinmeccanica: reconfirmed the leadership of Pier Francesco Guarguaglini
Rome, Italy - "For worths and growth that the manager has known how impress to the company"
The first name to be reconfirmed by the Econimics Minister Giulio Tremonti is Pier Francesco Guarguaglini as President of the Finmeccanica Group, a company controlled by the Government to 32%, and probably,... more
IndustryAgustaWestland favourite for the contract of 12 helicopters to the India Air Force
New Delhi, India - Fight all over again with the Sikorsky S-92
AgustaWestland would be favourite for the contract with the India Air Force for the supplying of 12 helicopters VVIP, Indian indiscretions said. Accordign to these unconfirmed sources, the AW-101 helicopter... more
IndustryFinmeccanica approves the first quarter results 2008 (5): significant events of the period
Rome, Italy - SELEX Galileo, Alenia Aeronautica, Alenia Aermacchi, Telespazio
- On 1 January 2008 the new brand SELEX Galileo was launched, which will be used by Galileo Avionica SpA and SELEX Sensors and Airborne Systems Ltd to present a unified, solid front to the market in the... more
IndustryFinmeccanica approves the first quarter results 2008 (4): costs in research and development
Rome, Italy - The main programmes were in Defence Electronics and Security
Costs in Research and Development totalled EUR 394 million, compared with EUR 402 million in 1Q07, a decrease of EUR 8 million (-2%). Group’s Research and Development is equivalent to around 13.5% of r... more
IndustryFinmeccanica approves the first quarter results 2008 (3):
Rome, Italy - Aerospace and Defence accounted for 82% of new orders while Energy and Transport accounted for the remaining 18%
New orders totalled EUR 3,292 million, an increase of EUR 862 million (+35%) versus EUR 2,430 million in 1Q07, with good performance spread across nearly all segments. Aerospace and Defence accounted for... more
IndustryFinmeccanica approves the first quarter results 2008 (2): breakdown of key figures
Rome, Italy - The increment is mainly due to the aeronautics sector performance
Revenues were EUR 2,916 million in 1Q08 versus EUR 2,740 million in the same period of 2007, an increase of EUR 176 million (+6%). This was mainly due to the aeronautics sector performance, with greater contributions... more
IndustryFinmeccanica approves the first quarter results
Rome, Italy - Revenues rise 6%. New orders up 35%
Finmeccanica again improved results in the first quarter of 2008. - Revenues grew 6% year on year to EUR 2,916 from EUR 2,740 million. - Orders grew sharply (+35%) versus 1Q07. This increase mainly... more
IndustryFinmeccanica purchases 100% of the US company DRS Technologies
Rome, Italy - A deal worth 3.4 billion Euro
Finmeccanica, a world leader in the supply of electronics equipment and defense and security systems and services, and DRS Technologies, a leading supplier of integrated defense electronics products, services... more
IndustryAlenia Aermacchi signs a contract with Philippine Air Force
Varese, Italy - Valued at USD 13.8 million
"Alenia Aermacchi, a Finmeccanica company, has signed with the Department of National Defence a contract valued at USD 13.8 million for 18 SF-260F/PAF primary training aircraft. In addition to the aircraft... more
IndustryFinmeccanica: scheduled the Board of Directors’ meeting to approve quarterly results
Rome, Italy - The meeting will take place on May 14th
Further to the release of the company’s events calendar on 29 January 2008, please note that Finmeccanica has scheduled the Board of Directors’ meeting to approve its "Quarterly results at 31 March 200... more
IndustryAlenia Aeronautica begins operations with the largest anechoic shielded chamber in Europe
Rome, Italy - The Turin test and simulation infrastructure is further reinforced
"The DA-7 Eurofighter Typhoon prototype is the first aircraft to enter the new anechoic shielded chamber, the largest in Europe, built by Alenia Aeronautica, a Finmeccanica company, to test in the most... more
IndustryFinmeccanica: no impact of changed 787 schedule on Finmeccanica guidance
Milan, Italy - The delay of the programme will lead to Alenia Aeronautica a revenues reduction
"Following Boeing’s announcement last April 9 regarding changes to the 787 schedule, Finmeccanica states that this will have no material impact on its consolidated results and therefore confirms the g... more
IndustryAlenia Aermacchi rolls out the first pre-series M-346
Varese, Italy - It has taken place yesterday at the society's factory in the presence of top-level military and industrial leaders
"Alenia Aermacchi, a Finmeccanica company, unveiled yesterday the first M-346 new generation advanced trainer in the baseline industrial configuration. The aircraft was rolled out from the Alenia Aermacchi... more
IndustryBoeing announced agreement to acquire Vought share of Global Aeronautica
Seattle, Usa - For the 787 Dreamliner aircraft
"The Boeing Company announced it has agreed to acquire Vought Aircraft Industries' interest in Global Aeronautica, LLC, a South Carolina fuselage sub-assembly facility for Boeing's newest airplane, the... more
IndustryThe 60 years of Finmeccanica: the future hinges on the past
Rome, Italy - Re-discover and revalue one's origins in order to become stronger in the future
In brief, this is the meaning Finmeccanica is giving to its sixtieth anniversary. Starting in March 2008, the entire Group has the opportunity to look back in order to look ahead, to gain strength from... more
IndustryAlenia Aeronautica successfully completes ultimate load testing
Rome, Italy - On the Boeing 787 Dreamliner horizontal stabilizer
"Alenia Aeronautica, a Finmeccanica company, has successfully completed the 'Ultimate load testing' of the Boeing 787 Dreamliner’s horizontal stabilizer. The test has been carried out at the Laboratory o... more
IndustryFinmeccanica (8): Oto Melara, Wass, Mbda
Rome, Italy - Revenues: EUR 1,130 million (0%); Adj. EBITA: EUR 125 million (+17%)
"Revenues totalled EUR 1,130 million, in line with the 2006 figure, driven primarily by growth in underwater systems that offset a decline in land, naval and air weapons systems. The main contributors... more
IndustryFinmeccanica (7): Thales Alenia Space, Telespazio
Rome, Italy - Revenues: EUR 853 million (+12%); Adj. EBIT: EUR 61 million (+45%)
"Revenues were EUR 853 million, up 12% from EUR 764 million in 2006, owing to increased output in both the manufacturing and satellite services segments. Production mainly related to project work on telecommunications... more
IndustryFinmeccanica (6): Alenia Aeronautica, Alenia Aeronavali, Alenia Aermacchi, GIE Atr, Alenia Sia
Rome, Italy - Revenues: EUR 2,306 million (+21%); Adj. EBITA*: EUR 240 million (+15%)
"Revenues totalled EUR 2,306 million, a 21% increase over the EUR 1,908 million reported in 2006. This performance was due to a greater contribution from the civil market, in particular work on the ATR... more
IndustryFinmeccanica (5): Selex Galileo, Selex Communications, Selex Sistemi Integrati, Selex Service
Rome, Italy - Revenues: EUR 3,826 million (+2%); Adj. EBITA: EUR 427 million (+26%)
"Revenues were EUR 3,826 million, above the previous year’s sales of EUR 3,747 million. The main contributors to revenues were: production of the DASS system and avionics equipment and radar for the E... more
IndustryFinmeccanica (3): 2007 operational highlights and significant events
Rome, Italy - Since the end of the period
"On 7 February, AgustaWestland and Boeing signed a Memorandum of Understanding for the joint production of the next generation of Chinook logistical transport helicopters for the Italian army, and for... more
IndustryFinmeccanica (2): breakdown of key financial results
Rome, Italy - Revenues, net profit, EPS, FOCF, orders, net debt, dividend, shareholders' meeting
"Revenues totalled EUR 13,429 million in 2007, an annual increase of EUR 957 million (+8%) versus EUR 12,472 million in 2006. The rise was due to organic growth and was in line with the Group’s general g... more
IndustryFinmeccanica: Board approves 2007 results
Rome, Italy - Revenues up 8%, new orders up 14%
"· Finmeccanica improved its results in 2007 through organic growth, confirming the stability and quality of its development strategy · Revenues grew 8% to EUR 13,429 million from EUR 12,472 million i... more
IndustryEuropean Committee: requested Italy the reimbursement of 450 million Euro for 17 R&D project (4). The investigation continues
Brussels, Belgium - For two military helicopters
The Commission's investigation will continue for the two helicopter projects A-139 and BA-609 tilt-rotor(beneficiary AgustaWestland) on which the Commission in its 2005 decision raised doubts about their... more
IndustryEuropean Committee: requested Italy the reimbursement of 450 million Euro for 17 R&D project
Brussels, Belgium - They are not in line with the applicable EU rules on State aids
The European Commission has formally requested Italy, under EC Treaty state aid rules, to ensure that loans granted under Law 808/85 in favour of R&D activities in the aeronautical sector are fully reimbursed.... more
IndustryBoeing to open a new high-tech research center in Portici near Naples
Portici , Italy - It will open on the next March 17
On the next March 17 is expected the inauguration of the new Boeing research center in Portici, near Naples, where there is already an excellence technical pole for the industrial and high-level research. The... more
IndustryFinmeccanica cements its aeronautical operations in Piemonte
Turin, Italy - It presents the Corso Marche project in partnership with the Turin Municipal Authority
In confirmation of its industrial expansion strategy in Piedmont, Finmeccanica is to transfer the Turinbased operations of Alenia Aeronautica from Corso Marche to Caselle. In addition, the Group has presented... more
IndustryAlenia Aeronautica: the Italian Coast Guard orders a third aircraft
Rome, Italy - An ATR-42MP Surveyor
"Alenia Aeronautica, a Finmeccanica company, has signed a contract with the Italian Coast Guard to supply a third ATR-42MP Surveyor in basic configuration, without the specific mission equipment. A subsequent... more
IndustryPowerJet's successful results of SaM146 engine flight test program for Superjet-100
Singapore, Singapore Republic - It is the engine for for the Alenia/Sukhoi Superjet 100 regional aircraft
PowerJet, a joint-venture between Snecma (SAFRAN Group) and NPO Saturn announced the first successful results of its SaM-146 engine flight test program.for the Superjet 100 regional aircraft produced in... more
IndustryThe M-346 successfully completes its first in-flight refuelling
Venegono, Italy - Between 24 and 25 January
"Between 24 and 25 January Alenia Aermacchi, a Finmeccanica company, carried out an extensive series of flights to qualify the M-346 advanced trainer for in-flight refuelling. The second M-346 prototype... more
IndustryFinmeccanica: retired Admiral Edmund P. Giambastiani, Jr. elected Chairman of Board of Directors of Alenia North America
Rome, Italy - US Navy Admiral and Vice Chairman of the Joint Chiefs of Staff
Alenia North America, a subisidary of Alenia Aeronautica and part of the Finmeccanica Group, announced retired US Navy Admiral and Vice Chairman of the Joint Chiefs of Staff Edmund P. Giambastiani, Jr.... more