Industry - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
1,790 news found
IndustryFinmeccanica (7). Results by sector of activity: AgustaWestland
Rome, Italy - Value of production: EUR 2,490 million (-4%); EBIT: EUR 272 million (+11%)
"Through AugustaWestland NV and its subsidiaries (wholly owned since 30 November 2004), Finmeccanica is a leader in the global helicopter industry, alongside EADS (Eurocopter) and United Technologies (Sikorsky).... more
IndustryFinmeccanica (8). Results by sector of activity: Galileo Avionica, Selenia Communications, OTE, AMS, Sistemi Navali Internazionali, Elsag, Datamat
Rome, Italy - Value of production: EUR 3,324 million (+60%); EBIT: EUR 269 million (+74%)
"The structure of the defence electronics business was changed significantly by the agreement signed at the end of April 2005 with BAE Systems. This led to: the creation of Selex Sensors and Airborne Systems... more
IndustryFinmeccanica (9). Results by sector of activity: Alenia Aeronautica, Aermacchi
Rome, Italy - Value of production: EUR 2,046 million (+7%); EBIT: 166 million (+42%)
"The aeronautics sector comprises Alenia Aeronautica and its subsidiaries, including Aermacchi, Officine Aeronavali Venezia and the GIE-ATR consortium, in which Alenia owns 50%. Value of production was... more
IndustryFinmeccanica (10). Results by sector of activity: Alcatel Alenia Space, Telespazio
Rome, Italy - Value of production: EUR 736 million (-5%); EBIT: EUR 26 million (+13%)
"Figures for 2005 include the first six months of activity of fully consolidated companies Alenia Spazio and Telespazio, and the following six months of activity relating to the two new joint-ventures,... more
IndustryFinmeccanica (4). Orders, order backlog, research and development, headcount
Rome, Italy - Equal to 15,383 million
"New orders totalled EUR 15,383 million, vs EUR 10,543 million in 2004, an increase of EUR 4,840 million (or 46%). More than 52% of new orders came from the military market, from 50% at December 31, 2004.... more
IndustryFinmeccanica (2). Value of production, EBIT and net profit
Rome, Italy - Equal to EUR 11,469 million, EUR 735 million and EUR 396 million
"Breakdown of key figures Value of production came in at EUR 11,469 million, an increase of EUR 2,311 million on the EUR 9,158 million recorded in 2004. This was in line with the group’s growth targets, a... more
IndustryFinmeccanica (3). The financial net debt
Rome, Italy - Equal to EUR 1,100 million
"Net debt stood at EUR 1,100 million, from EUR 701 million in 2004. This debt/equity ratio of 23% is within the limits of a conservative financial management policy, and below the maximum limits set by... more
IndustryThales. Pansa: Finmeccanica doesn't look for joint-venture, it wants to entry in Thales' capital
Rome, Italy - Alessandro Pansa, Co-Director of Finmeccanica, said it
During a call conference with the financial analysts for the introduction of the 2005 budget data, Finmeccanica’s Co-Director and Financial Director Alessandro Pansa, said that "Finmeccanica has not i... more
IndustryFinmeccanica (3). Guarguaglini: about AVIO the discussion are still in progress
Rome, Italy - The answer of Finmeccanica's President and CEO to a journalist's question
During the press conference to present Finmeccanica’s 20005 budget data, a journalist asked to Pier Francesco Guarguaglini what are the projects of the company about the subsidiary AVIO, owned by the 7... more
IndustryFinmeccanica (2). Guarguaglini: in the future we aim to specific purchase in Europe and USA
Rome, Italy - It was declared by Finmeccanica President and CEO, Pier Francesco Guarguaglini
During a press conference called to present Finmeccanica Group’s 2005 budget data, the president and CEO of the company said that the industry "For the next future aims to invest as in the internal as i... more
IndustryFinmeccanica. Zappa: the negotiation with Sukhoi is to a good point
Rome, Italy - It was declared by Finmeccanica General Director, Giorgio Zappa
"The negotiation between Finmeccanica and Sukhoi for the realization of the new generation regional transport aircraft is in a good point. Two elements need to end. The first is the agreement between the... more
IndustryThales: green light by EADS shareholders to Astrium bringing in
Paris, France - It was written by the French newspaper "Le Monde"
French newspaper "Le Monde" wrote yesterday that the principal shareholders of EADS, the Frech State, Lagardere the Germans of Daimler Chrysler should have given their assent to the bringing in the subsidiary... more
IndustryFinmeccanica. Guarguaglini: I have no objections for Alcatel-Thales merger project
Paris, France - CEO of Finmeccanica says that in a French newspaper "Les Echos" interview
"A priori I have no objections for Alcatel and Thales project. And, as this project concerns our space activities, Alcatel will have to ask our agreement. Until now, however, we have not been involved... more
IndustryAlcatel-Thales: contacts in view of the merger go on
Rome, Italy - "Financial Times" wrote that
According to the words of eminent English economic newspaper "Financial Times", the two French companies Alcatel and Thales would be about to merge, giving birth to the first European group specialized... more
IndustryFinmeccanica aims to the construction of cargo planes for US Army
New York, USA - Created a joint venture with L-3 Communication Holding
After that on last Friday Pentagon launched a deal of the value of USD 2.7 billion for the construction of military cargo planes, Italian industry Finmeccanica created a joint-venture with the US company... more
IndustrySukhoi. Scajola: short-time signature of the understanding protocol
Moscow, Russia - A joined release of Italian Minister of Productive Activities, Claudio Scajola, and his Russian counterpart, Viktor Khristenko, makes it known
"There is the possibility to shortly come to the signature of an understanding protocol in order to give the proper institutional frame to the important industrial cooperation agreement made last months... more
IndustryMBDA: EADS would purchase the shares of the others associates
Paris, France - French newspaper "Les Echos" wrote so yesterday
According with French newspaper "Les Echos", French-German company EADS should have the intention to ask to the shareholders of MBDA, European industry specialized in missiles’ production, to sell to i... more
IndustryMeeting Scajola-Khristenko about the partnership between Finmeccanica and Sukhoi
Moscow, Russia - The interview before the G8 Energy Ministers' summit
Yesterday Italian Minister for Productive Activities, Claudio Scajola, who was in Moscow to partecipate in G8 Energy Ministers’ summit, after an interview with his Russian counterpart Viktor Khristenko, r... more
IndustryAvio (2). Contento: Finmeccanica must become a company shareholder
Rome, Italy - Giovanni Contento, National Secretary of UILM (Italian Metalworkers Union)
"It is necessary that Finmeccanica, in perspective, becomes Avio SpA’s reference shareholder. We ask that to the Executive in office. We appreciated the choice of Italian and French Governments to commit A... more
IndustryAlcatel's CEO in Palazzo Chigi to Gianni Letta
Rome, Italy - Successively, Finmeccanica's CEO, Pier Francesco Guarguaglini, also arrived
Last Friday evening, Gianni Letta, State Undersecretary of Italian premiership, has received in succession, Alcatel’s CEO, Serge Tchuruk and that one of Finmeccanica, Pier Francesco Guarguaglini. The r... more
IndustryThales (2). Ranque: there are not purchase offers
Paris, France - CEO Denis Ranque said it during a press release
"Thales has not still received any purchase offers and when they will arrive it will discuss them. Whether there will be offer we will discuss them only in our shareholders’ interest. But currently there i... more
IndustryThales: next merger hypothesis with Alcatel
Paris, France - French newspaper "La Tribune" writes that
Thales’ and Alcatel’s managers are still in talks to deepen the dossier of a possible merger between the two French industries, in which the Transalpine Government has strong shares. Today, as reported by... more
IndustryThales (2): Finmeccanica will have a role in French company's future
Paris, France - French newspaper "Le Figaro" wrote so
"Finmeccanica could be the real jolly to contrast EADS’ ambitions". French newspaper "Le Figaro" wrote so yesterday about the future of the Frence defence company. The newspaper related also the French c... more
IndustryAeronautic pole in Puglia (Italy) will start with a month's delay
Taranto, Italy - Meeting between Alenia Aeronautica and Grottaglie's industrialists
Italian Alenia Aeronautica’ (Finmeccanica) President, Giorgio Zappa, met at Assindustria’s seat (industrialists association) the President of Taranto industrialists, Luigi Sportelli, and a delegation of... more
IndustryC-27J: the industrial offset planned by the contract between Alenia Aeronautica and Bulgaria
Sofia, Bulgaria - The advantages that both contracting subjects are getting from the airplanes sale
Last Friday the sale contract of five C-27J planes by Alenia Space to Bulgarian Government was signed (see for details AVIONEWS). The first aircraft is being delivered August 2007, but before that Sofia... more
IndustryAlenia Aeronautica: USD 91m worth contract with Bulgaria
Sofia, Bulgaria - The Finmeccanica Group's society will provide 5 aircraft and other 3 options
Today, Alenia Aeronautica’s CEO, Giovanni Bertolone, signed in Sofia a contract with Bulgarian Government for supply 5 C-27J, the tactical transport aircraft. The worth of the agreement, which foresees a... more
IndustryMbda: authorized the purchase of some societies belonging to EADS Deutschland Group
Brussels, Belgium - The European Antitrust' s press release
"Considering the limited nature of the overlaps and the presence on the market of other industries able to substain the competition in the supply of military equipments the Commission decided that the... more
IndustryAermacchi (Finmeccanica Group): today delivery to Goodrich the 2000th series of components for engine nacelles CFM56-5B
Varese, Italy - They are installed on Airbus commercial aircraft
"Aermacchi, a Finmeccanica Company, has today delivered Goodrich Aerostructures the 2000th series of components (Inlets/Fan Cowls) for CFM56-5B engine nacelles. These nacelles are installed on Airbus commercial... more
IndustryAlenia's factories open the doors to students
Rome, Italy - It is a special project for youngs only
Alenia Aviazione, a Finmeccanica’s member, mounted a promotional campaign called "A scuola di volo" that will involve students between 17 and 18 years old. The project was born to draw youngs up to the w... more
IndustryAVIONEWS at the meeting organized by DS (Italian party) (2): Finmeccanica, Zappa: "We will operate on A-350 as we're doing on A-380"
Rome, Italy - "We want to find an agreement with Thales"
Giorgio Zappa, general manager of Finmeccanica, released many statements to different journals at the meeting on high technology organized by Ds (Italian party). (see for details AVIONEWS) AVIONEWS... more
IndustryAermacchi: signed a MoU with the Hellenic Aerospace Industry
Rome, Italy - The Italian industry's press release
"The Hellenic Aerospace Industry (HAI) and Aermacchi, Finmeccanica’s society, have signed a MoU which specifies the terms of their industrial cooperation in the development’s program of the M-346, the... more
IndustryAVIONEWS at the conference "High technology for development, work and safeness of Italy". Finmeccanica in joint-venture with Sukhoi?
Rome, Italy - Next February the resolution
Finmeccanica is going to wait for next February to decide about joint-venture -a share of 25%- with Sukhoi, the Russian industry, in proportion to the construction of a regional transport aircraft containing... more
IndustryNorwegian government sells British BAe Systems' shares
Oslo, Norway - The group could be mixed with Mbda in nuclear missile production
The Norwegian government sold British BAe Systems’ shares and those of six defense companies because maybe they are involved in nuclear weapons’ production. The decision has been taken by ethical council of... more
IndustryAntitrust gives green light to Alenia Aeronautica to acquire Atitech
Rome, Italy - The Italian competition authorities said it in a press release
Reading the Italian competition and market authorities press release it learns that Alenia Aeronautica obtained the possibility to buy Atitech Grottaglie (see for details AVIONEWS). In a press release... more
IndustryAermacchi: first flight in full authority Fly-by-Wire configuration for the M-346 advanced jet trainer
Varese, Italy - This flight gave start to an intensive test campaign aiming at achieving the initial operative qualification of the aircraft, expected by the end of this year
"The M-346 advanced jet trainer of Aermacchi performed its first flight with the Fly-by-Wire flight control system in full authority configuration. The flight allowed to verify the accuracy of the control... more
IndustryFinmeccanica: the first order in 2006 coming from USA
Rome, Italy - It would relate the C-27J realized with Lockheed Martin
Finmeccanica is on the point of to obtain a maxi-order in USA that, specifically, would relate the delivery of new military transport aircraft to US Army. The US Army has in fact decided to replace the... more
IndustryFinmeccanica signs agreement with the Region of Abruzzo to expand the Fucino space centre
Rome, Italy - Telespazio station (Finmeccanica/Alcatel) chosen as a Galileo control centre
"The President of the Italian Region of Abruzzo, Ottaviano del Turco, and Finmeccanica Chairman and CEO, Pier Francesco Guarguaglini, today signed a framework agreement to promote industrial growth and... more
IndustryFinmeccanica. UBS upgraded the Italian group to "Neutral" from "Reduce"
Milan, Italy - Price target was lifted to EUR16.8 from EUR 14.2
UBS, Swiss investment banks, upgraded Finmeccanica’s titles to "Neutral" from "Reduce" saying its decision came from the earnings outlook of the Italian defence industry which was increasing. UBS raised 2... more
IndustryAlenia Aeronautica: Finmeccanica group's company acquired Grottaglie-based Atitech division
Rome, Italy - It was unveiled to unions
Alenia Aeronautica, a company owned by Finmeccanica group, unveiled to unions it has acquired Grottaglie-based Atitech division, a company competent for aviation maintenance and previously owned by Alitalia... more
IndustryGalileo. Finmeccanica: a major step forward for the satellite system operational start
Rome, Italy - An agreement on infrastructures locations has been achieved, as Finmeccanica reported
Galileo global positioning system licensee headquarter will be built in Toulouse, while the operational company site will be located in London. Germany and Italy will host the two control centre (Constellation... more
IndustryThales: French Government did not respond to Finmeccanica's requests
Paris, France - "La Tribune" French newspaper reported it
"La Tribune" French newspaper claims that French Government did not back the merge between Finmeccanica and Thales despite of it was a rational project (see for details AVIONEWS). "For Thales not all roads... more
IndustryAlenia Spazio North America signed an USD 2,5m worth contract with Boeing
Seattle, USA - It provides supplying of engineering support services
Alenia Spazio North America signed a three-year-contract worth USD 2,5m with Boeing for supporting a payload develop from 2006 to 2008. The contract provides that Alenia Spazio North America will supply... more
IndustryFinmeccanica: Aermacchi signs contracts with Goodrich for potential revenues in excess of USD 500 million
Rome, Italy - To supply fan cowls for the engine nacelles for both the Airbus A-350 and the Boeing 787 Dreamliner aircraft
"Aermacchi, an Alenia Aeronautica (Finmeccanica) company, announced yesterday that it entered into two agreements with Goodrich Corporation’s Aerostructures (NYSE: GR) to supply fan cowls for the engine n... more
IndustryFinmeccanica: an excellent performance in the 3rdQ 2005
Rome, Italy - Also growing revenues up to a 10% for 2006 have been forecasted
The 3rdQ 2005 appears more than a positive one for Finmeccanica group which reported an increasing net income up to EUR 76m, also forecasting rising revenues compared to 2004 at the end of this year (+20%).... more
IndustryVitrociset: ENAV should hire 700 employees for the Crociani's company
Rome, Italy - Unions disagree with such firm split operation
Purchase of the Vitrociset’s unit attending to assistance and maintenance of ENAV’s (Italian National Air Traffic Control Authority) infrastructures, has been supported not only by the stakeholder, Ita... more
IndustryVitrociset: mobility process scheduled for 150 workers has been stopped
Rome, Italy - After a meeting with Italian Government and unions while Administration confirmed its committment to favour a relaunch of the firm
Representatives from Italian ministries of Productive Activities and Welfare besides local administrations met members from Vitrociset and unions yesterday to face the mobility procedure previously scheduled... more
IndustryFinmeccanica: it became an excellence centre for Italian industry with Berlusconi-led Government
Rome, Italy - An Undersecretary for Regional Affairs Alberto Gagliardi's press release
The fact that Finmeccanica accomplished its civil programmes and set a new firm competent in the nuclear sector shows that Italian left parties must put their moaning to an end about it, Undersecretary... more
IndustryAnsaldo Nucleare: Finmeccanica's challenge to grow in the civil sector
Genoa, Italy - An Ansaldo Energia-fully owned company ready to achieve deals with European firms
Ansaldo Nucleare: Finmeccanica’s relaunch in the civil and energy sector starts by atom and it was announced by both the Italian holding and Minister for Productive Activities Scajola. The new company w... more
IndustrySelex Communications: Italian presence in Spain increased
Rome, Italy - Finmeccanica-owned company signed a contract worth EUR 10m with Castilla Region
Selex Communications signed a EUR 10m contract to produce a communications network named Tetra, Terrestrial Trunked Radio, devoted to emergencies in the Spanish Castilla region. Finmeccanica announced... more
IndustryFinmeccanica: ownership in Sukhoi joint-venture cannot be larger than a 25% stake
Rome, Italy - Giorgio Zappa, Director General of the company, said
A conference was held in Turin yesterday, set by legal office Gianni, Origoni, Grippo & Partners, and entitled "Piemonte, the future is today", where also Giorgio Zappa, Finmeccanica Director General,... more