Industry - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
1,790 news found
IndustryFinmeccanica wants to grow in UK
London, United Kingdom - CEO Guarguaglini said that to the "Sunday Telegraph"
"We want to be seen as British, we want to increase our activities in the UK and we expect to keep good relationships with the Defense Minister which is our customer, giving it the sureness that it can... more
IndustryAlenia Aeronautica: the new plant in 2007
Grottaglie, Italy - It will manage the pre-production of B-787 components
The new Alenia Aeronautica plant in Grottaglie (Taranto, South Italy) for the pre-production of Boeing 787 Dreamliner planes components will be launched in the first quarter of 2007 and it will employ... more
IndustryHas Finmeccanica agreed on the Thales-Alcatel agreement?
Rome, Italy - According to "La Tribune"
Finmeccanica gave its agreement on the purchase of Alcatel space activities by Thales. The Italian Group would gain 19% of Galileo Industries from the operation, taking its shares to 50%. French economic... more
IndustryFinmeccanica receives Consob authorisation for Datamat offer
Rome, Italy - The document will be made available to the public next Monday
"With regard to the takeover offer to be made by Finmeccanica Società per Azioni on the remaining ordinary shares of Datamat SpA, please note that CONSOB has given authorisation for the publication of... more
IndustryAlenia Aermacchi signed contract for airplanes to Malaysia
Rome, Italy - For EUR 88 million contract
"Alenia Aermacchi, a Finmeccanica company, has signed a contract with the Malaysian Defence Ministry for the supply of eight MB-339 CM aircraft. The contract is worth a total of around EUR 88 million,... more
IndustryFinmeccanica (2): the operating profit of first nine months of 2006
Rome, Italy - The investments' growth increased of 9%
The operating profit of Finmeccanica, in first nine months of 2006, is risen 16%, equal to EUR 472 million, drawn by the positive results of the business' different sectors: helicopters, energy and transports,... more
IndustryFinmeccanica: the revenue of first nine months of 2006
Rome, Italy - Net profit EUR 612 million
Finmeccanica has recorded first nine months of 2006 with a net profit in growth EUR 612 million, an increase of 180 million respect to the same period of last year, also thanks to the capital gains connected... more
IndustryMBDA: new success for the "Teseo" anti-ship programme
Rome, Italy - It has reached a major milestone of its development with the successful launch
"On October 31, 2006, Teseo MK2/A, the latest evolution of MBDA’s Teseo anti-ship missile, met a major programme development milestone with the fully successful launch of an instrumented MT1 missile f... more
IndustryAlenia Aeronautica: Sky-X’s first flights in a full automatic mode
Rome, Italy - From the Vidsel Base, near the Arctic Circle
"The Sky-X, technological demonstrator for an unmanned vehicle designed and developed by Alenia Aeronautica, a Finmeccanica company, has made its first flight in a full automatic mode (ATOL, Automatic... more
IndustryFinmeccanica-Thales: the EU decision was postponed
Brussels, Belgium - On the purchase of Alcatel Alenia Space and Telespazio
The European Commission extended its examination of the project between Italy's Finmeccanica and France's Thales on the creation of a joint-venture which will purchase Alenia Space SAS from Alcatel. The... more
IndustryFinmeccanica communicates its IPO on Datamat
Rome, Italy - On residual shares after the previous offer
EUR 28.09m is the amount of Finmeccanica's residual IPO on 9.99% of Datamat shares, equal to EUR 9.911 per share. The public offer concerns more than 2.8 million ordinary shares. That is what the Italian... more
IndustryAirbus (2). Guarguaglini: the A-350 was sacrificed to overcome the A-380 problems
Rome, Italy - In the Finmeccanica President's opinion, EADS troubles are also due to the Franco-German leadership
The President of Finmeccanica, Pier Francesco Guarguaglini, joined a meeting of Roland Berger Strategy Consultants yesterday in Rome named "The markets liberalization in Italy: companies competitiveness... more
IndustryAeroflot: the RRJ program goes on well
Moscow, Russia - The Sukhoi-Alenia regional jet program
The Sukhoi Superjet 100 project concerning a Russian regional jet (RRJ) is going on according to planned times. Top managers of Aeroflot, the Russian airline which is the launch customer of the airplane,... more
IndustryJp Morgan: Finmeccanica for USAF helicopters
Washington, USA - 50% of possibility against Boeing and Sikorsky
Finmeccanica Group has the 50% of possibility to win the job order worth USD 13 billion for 141 helicopters aimed at US Air Force: the analysts of the JP Morgan Bank have affirmed it. In the challenge,... more
IndustryEADS (2): Enders confirms the Finmeccanica way
Paris, France - But it will take some time to find an alliance
Thomas Enders, co-CEO of EADS along with Louis Gallois, confirmed he is in talks with Finmeccanica as for a possible future alliance (see AVIONEWS for details). "Finmeccanica has been our partner for years... more
IndustryContract Finmeccanica-Turkey to modernize the air control centers
Rome, Italy - The value for the contract is EUR 44m
The Finmeccanica Group has signed a contract, trough Selex Sistemi Integrati, with Turkey to modernize seven centers for the civilian air traffic control. The deal worth EUR 44m has been signed by the... more
IndustryFinmeccanica looks at Japan
Tokyo, Japan - Projects to extend contacts and cooperations in the Far East
Finmeccanica sent a delegation, led by Director General Giorgio Zappa, to Japan in order to get in touch and launch a series of cooperations with the Country. By the end of 2007 the Italian holding should... more
IndustryFinmeccanica (2): does EADS want an ally?
Paris, France - According to press info
After the news about an agreement between DaimlerChrysler and the German Government, EADS is working on an ally with Finmeccanica which could lead to an assets exchange, according to press info. Besides,... more
IndustryFinmeccanica. Guarguaglini: we need an agreement between Italian and Russian Governments
Rimini, Italy - For the regional jet project in cooperation with Russians
Pier Francesco Guarguaglini, President and CEO of Finmeccanica, speaking in Rimini, reported the situation of the industrial agreement with Russia's Sukhoi for the production of a regional transport jet.... more
IndustryGalileo Avionica: successful first dip for the sonic system OTS-90
Rome, Italy - On board of NH-90 helicopter
"Galileo Avionica, a Finmeccanica company, announces the successful first dip in the Lago Maggiore of the sonic system OTS-90, within the pre-qualification flight trials conducted by AgustaWestland. The... more
IndustryGalileo Avionica: Sass System successfully operated in the Persic Gulf
Rome, Italy - During the "Enduring Freedom" mission
"The SASS System (Silent Acquisition Surveillance System) developed by Galileo Avionica, a Finmeccanica Company, has successfully been operated during the 'Enduring Freedom' mission aboard the EURO Frigate... more
IndustryGalileo Avionica: the shipborne Precision Approach Radar SPN-720 completes the “Factory Acceptance” phase
Rome, Italy - The system follows the order placed back in 2004 by the Royal Navy of the United Kingdom
Galileo Avionica, a Finmeccanica Company, announced that the first SPN-720 PAR has successfully completed its inspection and Factory Acceptance Test (FAT) with the Royal Navy customer and the radar will... more
Industry"Finmeccanica Innovation Award" (2): the first master was presented
Rome, Italy - An International Business Engineering high training course
In the field of the third edition of the "Finmeccanica Innovation Award", the President and CEO of the Group, Pierfrancesco Guarguaglini, presented the starting of the first master organized by the Italian... more
Industry"Finmeccanica Innovation Award". Guarguaglini: EUR 15bn turnover in 2008
Rome, Italy - The forecast of the Gropu's President
Finmeccanica Group expects to get about EUR 15bn of turnover in 2008: the President and CEO of the Italian Aerospace and Defense holding, Pierfrancesco Guarguaglini, said that on the frame of the "Innovation... more
IndustryGalileo Avionica: PAR-2090 precision approach radar system completes the validation phase
Rome, Italy - For precise landing up to 8 aircraft simultaneously
"Galileo Avionica, a Finmeccanica’s company, announces that PAR-2090 (Precision Approach Radar), a radar system for precise landing, has successfully completed the validation phase. Italian and foreign r... more
IndustryDefense and security: Finmeccanica is the fifth in the world
Rome, Italy - According to a EU research
According to a EU research on the industries of the 10 most advanced Countries in the world as for growth rate and innovation, Finmeccanica resulted at the fifth place in the defense and security market.... more
IndustryFinmeccanica wants to grow in the US market
Washington, USA - The US activities manager of the Group said that
Stephen Bryen, Pentagon ex-officer and current US activities manager of Finmeccanica, said that the Group wants to increase its presence in the USA through a combination of growth and alliances with American... more
IndustryTargetti and Alenia produce the Sky Light Simulator
Rome, Italy - It simulates lighting conditions on board airplanes
Targetti and Alenia Aeronautica (Finmeccanica Group) have produced a Sky Light Simulator which imitates lighting conditions on board airplanes flying at an 10,000-meter altitude and allows one to analyze... more
IndustryATR delivers its 700th aircraft
Toulouse, France - Strong reprise by the turboprop regional airplanes builder
Italo-French turboprop regional airplanes joint-venture ATR celebrated the delivery of its 700th unit, one of the thirty ATR-72/500 ordered last year by Indian low-cost carrier Air Deccan, in Toulouse... more
IndustryGuarguaglini: Thales-Alcatel agreement benefits Finmeccanica too
Rome, Italy - The Italian Group has two joint-ventures with Alcatel
Alcatel announced last April it would carry its Thales share from 9.5% to 21.6%, getting nearer the French State stake, which remains first shareholder with its 27.1% share. The President and CEO of Finmeccanica,... more
IndustryAlenia-Aero Vodochody deal for the C-27J Spartan
Prague, Czech Republic - Parts of the military transport airplane will be made by the Czech manufacturer
Alenia Aeronautica (Finmeccanica Group) is about to sign an agreement for the production of a part of the C-27J Spartan tactic transport twin-engine aircraft in the Czech Republic. The signature is expected... more
IndustryGoldman Sachs increases its presence in Finmeccanica
Rome, Italy - From 2,007% to 3,282%
Goldman Sachs Asset Management LP has communicated to CONSOB it has taken its participation in Finmeccanica to 3,282%, with an increase of more than half compared to 2,007% that it had since November 2005.... more
IndustryUSAF: Lockheed Martin protests for the drop of the C-130J
Washington, Usa - GAO is obligated to render a decisions within 100 working days
Last month. Lockheed Martin has filed a protest with the Government Accountability Office (GAO) for the Army’s decision to drop the company’s C-130J Super Hercules tactical airlifter from consideration to... more
IndustryFinmeccanica: Goldman Sachs to 3,282% of the capital
Milan, Italy - It learns it from the periodic communications of Consob on the important participations
The merchant Bank Goldman Sachs Asset Management, branch of the Goldman sachs, according to retailed the periodic communications of Consob, the National Committee for Society and Stock Exchange agrees... more
IndustryAlenia's C-27J is near US Armed Forces order winnings
Washington, USA - Tete-a-tete with the Raytheon-EADS's C-295
Good news for Alenia Aeronautica, which has joined the tender of a new military transport aircraft for US Army and Air Force. A first selection by the Pentagon has eliminated both Lockheed Martin’s C-130J a... more
IndustryIsrael-Lebanon: USA impose sanctions to Russian war industry
Moscow, Russia - Also Israel accuses Moscow to provide Hezbollah with weapons
Washington imposed unilateral sanctions against two Russian war industry giants, airplane manufacturer Sukhoi and State export agency Rosoboronexport. The former is accused to have sold SU-17, SU-24 and... more
IndustryFinmeccanica-Avio: its share has been sold to Cinven
Rome, Italy - The Italian industrial group will re-buy 15% of Avio
Finmeccanica makes known it sold its 30% share in Avio to Cinven, so that it will get about EUR 430m, three times more the initial investment with a gaining of more annual 50%. Finmeccanica will also re-buy... more
Industry"La Tribune": Finmeccanica wants to conquer Anglo-Saxon and Russian markets
Paris, France - To that purpose, it would be eager to release its non-strategic assets
According to French newspaper "La Tribune", Finmeccanica is interested to purchase an Anglo-Saxon small-medium sized defense electronics company, for example British Cogham or Meggit. In order to fund... more
IndustrySelex Communications workers mobilization tomorrow
Genoa, Italy - Against Redundancy Fund proposal
The start of mobilization by Selex Communications Genoa’s plants workers (Finmeccanica Group), which involves Ote and Selenia Mobile as well, is expected tomorrow. The employees of the defense and professional c... more
IndustryGalileo Avionica to supply the Pirate Irst for the second tranche of Eurofighter Typhoon aircraft
Rome, Italy - The value of the contract amounts to over EUR 120 million
"Galileo Avionica, a Finmeccanica company, together with EuroFirst partners Thales–UK and Tecnobit -Spain has been awarded a contract to supply the PIRATE Infra-Red Search and Track (IRST) for the second t... more
IndustryFinmeccanica: we're interested into the maintenance of participation in Avio
Rome, Italy - It's stated in a dispatch of industrial Group of Piazza Montegrappa
"The President and CEO of Finmeccanica, Pier Francesco Guarguaglini, has on several occasions represented the interest by Finmeccanica to keep holding a share in Avio, also following a possible change... more
IndustryFinmeccanica doesn't want the majority of Avio
Rome, Italy - Italian industry denied some news published in the last days by the press
Finmeccanica Group released yesterday a note in which it underlined to have not interest in the purchase of the 70% share of Avio owned by its partner Carlyle. The industry led by Pier Francesco Guarguaglini,... more
IndustryRussia enters again the line planes production market
Moscow, Russia – Sukhoi Holding has announced the launch of a civil airplane, the Sukhoi Superjet 100 by the end of 2007
Since 1995 Russia don’t produce anymore airplanes for civil transport. The world setting sees as protagonists for what concerns mid-size line planes market (from 80 to 100 seats) the Brazilian Embraer a... more
IndustryStrife between Finmeccanica and Italian unions
Rome, Italy - Redundancy fund proposed for 1,968 jobs of Selex Communication
It is strife between Finmeccanica and Italian unions, which refused to approve the redundancy fund for 1,968 jobs of Selex Communication, a subsidiary of Guarguaglini’s group. The workers’ representative ask... more
IndustryFarnborough Air Show 2006 (2): SELEX ushers in Center in Russia
Farnborough, United Kingdom - Also Italian Home Office follows Russian example
On occasion of Saint Petersbourg’s summit has been inaugurated the Center trial and test of Zao Artetra, the joint-venture constituted between SELEX Communications with the 51% and Tetrasvyaz (a pool o... more
IndustryFarnborough Air Show 2006 (7): EADS and Finmeccanica will discuss the A-350 program in September
Farnborough, United Kingdom - For an eventual entry of the Italian Aerospace and Defense Group
Louis Gallois, co-CEO of EADS, said at "FIA2006" that he will meet the President of Finmeccanica, Pierfrancesco Guarguaglini, to talk about eventual further partnerships. The European Aerospace Group currently... more
IndustryThe joint-venture between Selex Communication and Tetrasviaz started
Saint Petersbourg, Russia - Italian Minister Bersani and Guarguaglini at the inauguration of the Russian center
On last Friday, just a little before the start of the G8 meeting, Italian Minister for Economic Development Bersani participated, in Saint Petersbourg, to the inauguration of a center to realize communication... more
IndustryFinmeccanica: Finnat Bank gives a positive judgement on the Italian Group share and recommends to buy it at 19.6 Euros
Milan, Italy - According to the bank's analysts, the Italian Aerospace and Defense company won internationalization dare
Italian Finnat Bank gave a very positive judgement on Finmeccanica share, thanks to the Aerospace and Defense company’s success in international markets and its consequential internationalization through f... more
IndustryFinmeccanica: Banca Finnat expressed a positive judgement about Italian group and advised to buy its share to EUR 19.60
Milan, Italy - According to the bank's analysts the Italian industry won the challenge of the internazionalization
Italian business Bank, Banca Finnat, expressed yesterday a very positive judgement about the share of the Italian industry Finmeccanica. The positive judgement comes, according to Banca Finnat’s analysts, b... more
IndustryAlenia Aermacchi has signed USD 84 million contract with Nigeria
Rome, Italy - For the modernization of twelve MB-339A aircraft
"Alenia Aermacchi, a Finmeccanica company, has signed a contract with Nigeria’s Ministry of Defence for the maintenance and enhancement of the avionic suite of twelve MB-339A aircraft, in service with N... more