Industry - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
1,790 news found
IndustryBoeing asked to Finmeccanica to increase the production of the B-787 Dreamliner's fuselage
Rome, Italy - It was declared by Italian industry president Pier Francesco Guarguaglini
Finmeccanica President and CEO, Pier Francesco Guargualgini, made known today that Boing asked o his group to increase the production of B-787 Dreamliner’s fuselage, which is realized in Alenia Aeronautica’s fac... more
IndustryMontezemolo and Guarguaglini at Grottaglie
Foggia, Italy - Visit to the new Alenia facility
Yesterday the president of Confindustria (Italian industrial association), Montezemolo, and Finmeccanica one, Guarguaglini, visited the new facility of Alenia in Grottaglie (Foggia) (see for details AVIONEWS... more
IndustryAlcatel and Lucent: it is necessary to cut 9,000 jobs
Paris, France - Very soon there will be the agreement between the two industries
It will be not happy for the workers the merger between Alcatel and Lucent (see for details AVIONEWS). The two industries in fact announced the intention to cut 9,000 jobs, confirming, at the same time,... more
IndustryLonger times for the agreement between Finmeccanica and Thales
Rome, Italy - Guarguaglini's comment
The negotiations between Finmeccanica and Thales to create an Italian-French pole for Defense electronic (see for details AVIONEWS) continues. Speaking of which the President and CEO of the Italian industry,... more
IndustryGuarguaglini: Finmeccanica will not join Airbus
Rome, Italy - No interests in BAE share purchase
The President and CEO of Finmeccanica, Piergiorgio Guarguaglini, told journalists that the Italian aerospace and Defense group is not interested in the purchase of English BAE Systems share in Airbus.... more
IndustryElsag-Datamat's new industrial plan presented
Genoa, Italy - Italian Unions' positive judgment
Yesterday, in Assoindustria’s base in Genoa, it was presented the new industrial plan of Elsag-Datamat, recently involved in Finmeccanica Group. The goals are challenging. Elsag-Datamat will have to c... more
IndustryMerril Lynch: Finmeccanica has good prospects in US market
Rome, Italy - Despite the loss of the tender for the Army's LUH
After the contract award for American Army light helicopters by EADS (see AVIONEWS for details), Merril Lynch confirms Finmeccanica target price at 20 Euros. According to the broker, Finmeccanica was not... more
IndustryTender for US Army multirole helicopter: the reply today
Washington, USA - Finmeccanica, EADS, Bell, Boeing and Lockheed Martin have been joining it
The result of the tender for 320 multirole helicopters supply to US Army, which is USD 2bn worth, is expected today. Competitors are AgustaWestland US-139 (Finmeccanica Group), Eurocopter EC-145 (EADS... more
IndustryGalileo Avionica: robotics and automation for the near and far future
Rome, Italy - The industry has participated in "SpaceOps 2006" held from 19 to 23 June
"Galileo Avionica, a Finmeccanica company, has participated in ’SpaceOps 2006’, an international forum about project and space mission operation management held in Rome from 19 to 23 June. Galileo Avi... more
IndustryFinmeccanica: Alenia Aeronautica signs a € 75 million contract for 3 C-27Js with Lithuania
Rome, Italy - For the renewal of the current fleet of twin-engine An-26s
"The Lithuanian Republic’s Armed Force and Alenia Aeronautica have signed today a €75 million contract for the supply of three units of the new-generation tactical transport aircraft C-27J. The selection has... more
IndustryAlenia Aeronautica and SCAC sign Russian Regional Jet agreement in Moscow
Rome, Italy - The programme of co-operation is the result of a process begun in 2005
Finmeccanica and Sukhoi Aviation Holding, and their respective subsidiaries Alenia Aeronautica and Sukhoi Civil Aircraft Company (SCAC), have signed an agreement establishing a strategic partnership on... more
IndustryVeltroni: Rome can offer good opportunities to Finmeccanica-Datamat
Rome, Italy - It is necessary to maintain the capabilities of 1,500 workers
Rome’s Major, Walter Veltroni, expressed the hope, commenting the news of the total purchase of Datamat by Finmeccanica (see for details AVIONEWS), that the legacy of capabilities and professionalism o... more
IndustryFinmeccanica will launch a residual take over bid on Datamat
Milan, Italy – The announcement after to have surpassed the 90% of the company’s stock
Finmeccanica made known to have purchased on June 12, 272,000 shares of Datamat, equal to the 0.959% of the stock. In this way the industry led by Guarguaglini owns now 25,523,779 Datamat’s shares, which a... more
IndustryAirbus postponed the delivery of the first A-380
Toulouse, France - EADS' share collapsed at Paris' Stock Exchange
EADS, European Consortium which owns the 80% of Airbus, announced a 6 month postponement of the delivery of the first delivery of the A-380 (see for details AVIONEWS). The news made collapse at Paris’ S... more
IndustryGrottaglie: the launch of works for the "Dreamliner" production in September
Foggia, Italy - The first delivery scheduled for January 2007
This morning, in a joint press conference Alenia Aeronautica (Finmeccanica Group) and Boeing, held in Grottaglie (Taranto), has been announced that the fuselage’s production in carbon fibre of the B-787 D... more
IndustryFinmeccanica. Guarguaglini: the agreement with French Thales could be completed within June
Paris, France - It was declared to the journalists presented at the European Defense show Pierfrancesco Guarguaglini
"The negotiations with Thales could be completed within June. I am not in a hurry. We talk in tranquillity. The agreement is possible within June", it was declared by Finmenccanica’s President and CEO, P... more
IndustryProdi in Paris will propose a French-Italian alliance in the defense electronic sector
Paris, France - It was reported by French newspaper "La Tribune"
After to have met in Vienna the Austrian Prime Minister Schuessel, Italian Prime Minister Prodi went in Paris to meet President Chirac and the head of the French executive De Villepin. According to French... more
IndustryGalileo Avionica: successful first flight of Picosar airborne radar
Rome, Italy - On an ASS-355 Twin Squirrel helicopter
"SELEX Sensors and Airborne Systems (SELEX S&AS), a Finmeccanica company, is delighted to announce the successful first flight of its latest lightweight radar product known as PicoSAR. Flying on an ASS-355... more
IndustrySelex announces staff cuts
Cisterna, Italy - Because of drastically reduced Defense orders
Selex, the world giant in military and civil communication devices sector belonging to Finmeccanica Group, announced that the important Defense cuts have been making an orders portfolio reorganization... more
IndustryJP Morgan: Finmeccanica recovers on the stock exchange
Milan, Italy - Thanks to Avio's balance sheet and future joint-venture with France
Avio, Italian company in aerospace propulsion controlled for 70% by Carlyle fund and by Finmeccanica by 30%, made known its 2006 first quarter budget, which is clearly positive. Revenues equal to EUR 218.4... more
IndustryInternational standards for the new facility of Alenia Aeronautica near Grottaglie
Taranto, Italy - The works' times will be respected
"Alenia Aeronautica expects a lot from this facility". It was declared by Alenia President and Finmeccanica General Director, Giorgio Zappa, in a meeting of DS, an Italian party, talking about the new... more
IndustryGalileo Avionica at "Hemus 2006"
Rome, Italy - It will take place in Bulgaria from today to next Saturday
"Galileo Avionica, a Finmeccanica company, participates at ’Hemus 2006’ to be held from 31 May to 3 June at Plovdiv, Bulgaria, displaying at the Finmeccanica stand (Pavilion 3-3D1) its most advanced pro... more
IndustryAgreement between Alenia Aeronautica and Hellenic Aerospace Industry
Athens,Greece - Greek industry will cooperate to assembly the B-787 cargo
Hellenic Aerospace Industry (HAI), the most important Greek industry of the aerospace sector, signed yesterday an agreement with Alenia Aeronautica (Finmeccanica Group), to partecipate to the assembly... more
IndustryTurin's Major asked to Finmeccanica to re-launch the aerospace city's industry
Turin, Italy - The Italian Industry prefers to invest in Southern Italy
Turin major Chiamparino said to be disposed to make possible that the municipality bought out the closed facilities of Finmeccanica in the city, in the areas of which it should have to pass the new city... more
IndustryAt the goal the agreement between Finmeccanica and Sukhoi
Rome, Italy - It was announced by the Italian industry's responsible of the Aerospace and Defense sectors Giorgio Zappa
The negotiation for the agreement between Finmeccanica and Sukhoi for the construction of the new Russian regional jet are in the final phase (see for details AVIONEWS 1, 2 and 3). Giorgio Zappa, Director... more
IndustryFinmeccanica: shareholders’ assembly approves 2005 annual results and dividend
Rome, Italy - New board of auditors appointed
"The shareholders of Finmeccanica SpA, who met yesterday in Rome, have approved the company’s annual results for 2005 and viewed a presentation of the consolidated figures. The results were positive a... more
IndustryFinmeccanica more and more indipendent by Italy
Rome, Italy - It is raising the importance of the US and British markets
The international role of Finmeccanica is raising. The Italian industry of aerospace and defense sector will decrease progressively its dependence by Italy bringing it to the 40% in 2008, it was of the... more
IndustryA new logo for Finmeccanica
Rome, Italy - The industry wants to raise more and more on the international field
On the occasion of the assembly convoked also the approve the budget, the president and ceo of Finmeccanica, Pierfrancesco Guarguaglini, announced that since next May 25 the companies of the aerospace... more
IndustryDatamat' managers want to buy by Finmeccanica the bank-finance-insurance sector
Rome, Italy - The sector has an annual turnover of EUR 40 million
The managers of Datamat, a Roman company of Defense and aerospace communication purchased last year by Finmeccanica (see for details AVIONEWS), offered to the group leader to buy the bank-finance-insurance... more
IndustryEADS: Finmeccanica will not join Airbus
Munich, Germany - French-Spanish-German consortium Ceo said it to "Il Giornale"
EADS is getting ready to purchase the Airbus’ 20% stock owned by BAE Systems, the British industry that last month declared to be not interested to continue the cooperation in the European consortium. F... more
IndustryFinmeccanica will not reduce Elsag-Datamat's personnel
Rome, Italy - It was made known in a statement by Guarguaglini's group
Finmeccanica made known yesterday through a statement that it has not in program any jobs’ cut, denying in this way FIOM-CGIL (an Italian union) which talked about 1000 workers of Elsag-Datamat (a company o... more
IndustryThales. Ranque: an approach to Finmeccanica would have an industrial meaning
Paris, France - Thales CEO, Denis Ranque, said that in an interview on "La Tribune" newspaper
During an interview on "La Tribune" French newspaper, Denis Ranque, CEO of Thales, the first European group for defense and electronics industry, declared that an approach to Italian Finmeccanica would... more
IndustryIt is probable an agreement between Thales and Alcatel
Boulogne, Italy - It was declared by the president of the Italian industry, Guarguaglini
Pier Francesco Guarguaglini, president of Finmeccanica Group, said to be trustful about the achievement of an agreement with Alcatel and Thales to create a pole of defence electronic. "We are no against... more
IndustryATR: agreement between EADS and Finmeccanica
Toulouse, France - The production of turboprops will be compounded
French-Spanish-German EADS (European Aeronautic Defence and Space) and Italian counterpart Finmeccanica have agreed on compounding the production of ATR (French acronym which stand for Avions de Transport... more
IndustryAvio could be enter in Stock Exchange
Milan, Italy - It was announced by Marco De Benedetti, Managing Director Europe of Carlyle
Avio, the industry of the airspace and defense sector owned by Finmeccanica (30%) and Carlyle (70%), could be soon placed in the Stock Exchange. It was announced by Marco De Benedetti, managing director... more
IndustryA less uncertain future for Alcatel's facility in Rieti
Rome, Italy - Also Finmeccanica will cooperate for the re-launch
Yesterday at the Ministry of the Productive Activities took place a meeting between the local authorities of Rieti’s area the coordinator of the task-forces for the companies in difficulties Borghini, F... more
IndustryAvio closed 2005 with revenues for EUR 1.281 billion
Turin, Italy - Satisfaction expressed by the industry's CEO
Avio Group (Carlyle-Finmeccanica), among the most important industries of the world in the sector of aerospace propulsion, closed the 2005 accounting period with revenues for EUR 1.281 billion, with an... more
IndustryAgreement between Alenia Aeronautica and Boeing for the C-27J
Rome, Italy - US industry will participate full-title to the project
Alenia Aeronautica (Finmeccanica Group) and L3 Communications signed a pre-agreement with Boeing Integrated Defense Systems which will allow to Seattle’s industry to adhere to the joint-venture GMAS (... more
IndustryFinmeccanica is available for an agreement with Thales
Paris, France - It was announced by Italian industry President and CEO Francesco Guarguaglini
Finmeccanica President and CEO, Francesco Guarguaglini, made known to be available to create an alliance with Thales as long as the two companies had the same share. Guarguaglini added to have already... more
IndustryImportant role of Italian industry at the exposition for NATO's conference on armaments
Brussels, Belgium - General Secretary of the Atlantic Alliance Scheffer underlined the important contribution of our country
In occasion of the NATO member countries’ conference about armament, Finmeccanica set up, at the Atlantic Alliance headquarter, an expositive stall to show its the most recent product in the defence f... more
IndustryAlenia-Sukhoi agreement: 1000 regional jets within 2009
Moscow, Russia - Italy participates with a EUR 300m contribution
As for the Italo-Russian agreement signed last week in Moscow, concerning regional jets and Tetra telecommunications network (see AVIONEWS for details), the Italian Ministry of Productive Activities, Claudio... more
IndustryAlenia-unions agreement on apprenticeship
Rome, Italy - At least 75% of apprentices will be confirmed
Italian trade unions, after their agreement with Finmeccanica (see AVIONEWS for details), reached an agreement with Alenia Aeronautica too concerning apprenticeship contracts, so that there is a correct... more
IndustryAgreement for the renovation of the job contract between Galileo Avionica and Trade Unions
Rome, Italy - New bonus for 3,500 employees
Galileo Avionica’s officials (Finmeccanica group) and the union representatives of FIM, FIOM, UILM (Italian Trade Unions) achieved an agreement for the renovation of the supplemental job contract for 3... more
IndustryMore and more close Italian-Russian cooperation in the field of technological industry
Rome, Italy - In the next days an important cooperation agreement will be signed in Moscow
An important agreement about the support by Russian and Italian Governments to two industrial projects will be signed in the next days by Italian Minister for the Productive Activities, Claudio Scajola,... more
IndustryToday there will be a Board of Thales about the partnership with Alcatel
Paris, France - No objections by Finmeccanica
Today there should have to take place a board of directors of Thales to decide about the strengthening of the links with Alcatel, which is one of its shareholders for the 9.5%. The plan forecasts that... more
IndustryThales. "Le Tribune": merger project with Alcatel postponed
Rome, Italy - French newspapers also today talked about the big merger Alcatel-Thales-EADS
French newspapers "Le figaro" and "Les Echos" also today talked about comments and indiscretions about the event around which there is the attention of all the space, aeronautical and ICT industries. According... more
IndustryAll is ready for the merger between Alcatel and Thales
Paris, France - It was written by French newspaper "Le Figaro"
The prestigious French newspaper "Le Figaro" wrote yesterday that the merger operation between Thales and Alcatel will be realized soon. The two companies are in agreement as about the valorization as... more
IndustryFinmeccanica (5). 2005 highlights and significant events since the end of the period
Rome, Italy - Eight significant and important steps
"On 28 January 2005, Finmeccanica and Alcatel signed an agreement to form a partnership in the space sector, which came into effect on 1 July 2005. The agreement covered the creation of two companies,... more
IndustryFinmeccanica (11). Results by sector of activity: OTO Melara, WASS, MBDA
Rome, Italy - Value of production: EUR 1,154 million (+1%); EBIT: EUR 112 million (+15%)
"Demand in the defence systems business is highly cyclical. In the missile segment, global demand is now valued at around USD 18 billion a year. Supply in the sector is very concentrated, both in the US... more
IndustryFinmeccanica (6). Financial operations; Research and Development; outlook
Rome, Italy - In March 2005 the industry launched a new bond issue totalling EUR 500 million
"Financial operations In March 2005 Finmeccanica launched a new 20-year bond issue totalling EUR 500 million, with a coupon of 4.875%, maturing in March 2025. The operation not only introduced some flexibility... more