IndustryDecrease of the net profit for Finmeccanica

Rome, Italy - Approved the second quarter's results

The board of directors of Finmeccanica has approved the second quarter's results, that showed a net income of EUR 69 m, in decrease in comparison to the EUR 107 m of the same period of the last year. The... more

IndustryAlenia Spazio: signed a deal with Russia for the supplying of satellite equipments

Rome, Italy - An agreement also in the space tecnology field

Alenia Spazio and the Russian operator for the satellite telecomunications Rscc have signed today a deal under which the Italian society belonging to the Finmeccanica group is going to supply avionics... more

IndustryMBDA signes contract with the Boeing

Rome, Italy - The deal, according to French sources, is Usd 11m worth

The French newspaper "Les Echos", without naming its sources, has unveiled that MBDA, a joint venture between Finmeccanica, EADS and BAE System, has signed a contract worth Usd 11m with Boeing. more

IndustryAlenia Marconi Systems awarded with two new contracts

Rome, Italy - It will furnish radar equipment to two airports

The Alenia Marconi Systems, a joint-venture between Finmeccanica and Bae Systems, has been rewarded with two new contracts to furnish radar equipment to the Bandaranaike International airport of Colombo,... more

IndustryAlenia invests EUR 500m in the new Dreamliner

Rome, Italy - Zappa - Vought's agreement for assembly of the new B-7E7

More sophisticated range, efficiency and comfort standards, 200-250 seats, a range of 6.600-8.000 nautical miles, enviromental friendly (20% less compared to similar models) and safer (thanks to sensors... more

IndustryAms wins a contract to provide the air-traffic control centre to Cyprus

Nicosia, Cyprus - An EUR 20m contract

After an international contest to verify the best market offer, in terms of quality-price ratio, the Cyta (Cyprus Telecommunication Authority) has assigned to the Ams (Alenia Marconi Systems) an EUR 20m... more

IndustryTeletek Systems selected as supplier of 30 precision approach radars which will equip french Afb's

Paris, France - The contract is worth EUR 100m

Following an international tender, the french Defense Agency has selected Teletek Systems to supply 30 precision approach radars (Par) which will equip French air force's bases. Par, measuring aircraft... more

IndustryFinal agreement between Finmeccanica and Bae Systems by the end of the year

Rome, Italy - After two diligences they reach conclusive accords

Pier Francesco Guarguaglini, President and Chief Executive of the Finmeccanica, the aerospace and defense holding, confirmed on Tuesday the agreement with Mae is going to be concluded by December. Some... more

IndustryFinmeccanica to sign a Mou with Bae Systems

Rome, Italy - But the date of a possible signature is wrapped up in the greatest secrecy.

After the conclusion of the important acquisition of approximately FiatAvio 30% (operation concluded with the American The Caryle Group), Finmeccanica is ready to sign also a Mou (Memorandum of Understanding)... more

IndustryAgreement Carlyle-Finmeccanica on FiatAvio (2): Strati denies

Paris, France - Nothing decisive has been made

Refuting the voices about a definitive agreement waited for today on the cession of Fiat-Avio to Italian-American partnership Carlyle-Finmeccanica, the president and general executive manager of FiatAvio... more

IndustryAlenia important partner both for Boeing and for Airbus

Paris, France - It's the only European partner for Boeing project 7E7

The President and General Executive Manager of Alenia Aeronautica, Giorgio Zappa, has spoken yesterday, at Paris Air Show, about the position of his company in the comparisons of Boeing and Airbus. As... more

IndustryFiatAvio will held today a press conference at Le Bourget about the deal with Carlyle-Finmeccanica

Paris, France - The price would be fixed around USD 1,55bn

Perhaps they will be communicated today, at the Paris Air Show, during a press conference that will be held at 12:00, more details about the sale of FiatAvio to the Italian-American partnership represented... more

IndustryUE considers Italian government aids to Finmeccanica

Brussels, Belgium - An investigation that could be very long

The European Commission will consider if opening an investigative procedure in the comparisons of Finmeccanica, the Italian company leader in the field of the aerospace and the defense systems, which could... more

IndustryAfter the sale FiatAvio will be called Avio

Turin, Italy - News revealed by "Il Sole 24 Ore"

After the sale to Finmeccanica and Us Carlyle Group, Lingotto's aerospace division, FiatAvio, will be called only Avio. According to "Il Sole 24 ore", Italian economic daily newspaper, the name has been... more

IndustryIt's working to organize tha alliance between Finmeccanica and Bae System

Rome, Italy - It will compete with the Usa

Although important steps ahead have been made since the last November (date of the signature of the memorandum of understanding) the alliance between the Italian Finmeccanica and English British Aerospace... more

IndustryGalileo Avionica company signed a contract for Aladin system

Rome, Italy - EUR 24m the value

Galileo Avionica, Finmeccanica Group, has signed a contract for the development, the qualification and the supply of the Aladin system's (Atmospheric Laser Doppler Instrument) laser. The system will be... more

IndustryIn the space Eads heads to Alcatel

Paris, France - According to Eads President Thales key ally

"We are in the space and we will remain, it is strategic for Eads and Europe, but I will be exigent about an approach's conditions and if it is a joint 50/50, the answer is not thanks". This is the comment... more

IndustrySoon the conclusion of FiatAvio's sale (2): Finmeccanica confirmed

Rome, Italy - According to Guarguaglini the operation will be concluded next week

"There are still some small problems to define, but the contract would have to be closed soon, sure within next week", has declared today Pier Francesco Guarguaglini, President and Ceo of Finmeccanica,... more

IndustryAlenia Spazio and Alcatel Space could constitute a joint-venture

Paris, France - News revealed by "Les Echos"

According to the economic French daily newspaper "Les Echos", Finmeccanica and Alcatel would be in negotiations for the constitution of a joint-venture specialized in the manufacturing of satellites. Joint-... more

IndustryFor a contract of EUR 1,45bn with British Government the favorite is Lockheed Martin

London, United Kingdom - It has been revealed by "Sunday Telegraph"

According to the English daily newspaper "Sunday Telegraph", Lockheed Martin has good possibilities to obtain an important contract of EUR 1,45bn in United Kingdom. Lockheed Martin, Thales, European consortium... more

IndustryAgreement between Finmeccanica and Bae System is near

London, United Kingdom - News has announced by Italian PM

"We have important collaborations between Finmeccanica and Bae that would have to be developed and it have to be concluded next days also. We will give a political impulse". This is the declaration of... more

IndustryNew hypothesis of agreement between Bae Systems and Finmeccanica

Rome, Italy - News appeared on "Il Sole 24 ore"

According to Italian economic daily newspaper "Il Sole 24 ore", Richard Evans, new number one of Bae, proposed to the attention of Pierfrancesco Guarguaglini, President of Finmeccanica, a new hypothesis... more

IndustryFiatAvio: Snecma would be refrained from the French State

Paris, France - This is the revelation of the economic daily newspaper "Les Echos"

According to the French newspaper "Les Echos", it would be the French State to refrain Snecma, in the FiatAvio operation. According to the newspaper, in last week extraordinary Board of Administration,... more

IndustrySnecma has confirmed its interest for FiatAvio

Paris, France - While Carlyle bottom shows its interest

French society Snecma has refuted the voices circulated this morning, about its presumed renunciation for FiatAvio operation. According to sources near the company, instead, the "Negotiation could run... more

IndustryAccording to Financial Times Italian Government would favor Snecma and Finmeccanica's offer for FiatAvio

London, United Kingdom - According to the newspaper the offer will be introduced tomorrow

According to the British daily newspaper "Financial Times", the Italian Government would favor Snecma and Finmeccanica's combined offer, of EUR 1,5 bn, for FiatAvio. Newspaper announced that the offer... more

IndustryConfirmed the joint-venture between Eads and Finmeccanica

Munchen, Germany - Eads co-Ceo said that there are not alternatives at the moment

Philippe Camus, the co-Ceo of Eads, European group of defence and aerospace, said that its group will maintain with Finmeccanica the joint-venture in Mbda and Atr, and the partnership in the program for... more

IndustryFinmeccanica’s directorade has discussed about FiatAvio

Rome, Italy - American newspapers said Carlyle have already introduced an offer

According to a source near Finmeccanica, yesterday afternoon, the board of directors has examined the presentation of an offer, jointly to Snecma, for FiatAvio. Yesterday, Snecma has estimated the Fiat... more

IndustryGreece to sign a contract for 12 C-27J

Athens, Greece - Italian Air Force has chosen it last June

Tomorrow there'll be also the president of Alenia Aeronautica (Finmeccanica group), Giorgio Zappa, for the signature of the EUR 297m contract for the supply, to the Greek government, of 12 cargo planes... more

Industry"The contract with Boeing does not damage Airbus"

Rome, Italy - Declaration of Finmeccanica's President, Pier Francesco Guarguaglini

Regarding the cooperation contract signed yesterday with Boeing Corporation (news already published by AVIONEWS) Finmeccanica President, Pier Francesco Guarguaglini, has declared: "We do not think that... more

IndustryFinmeccanica announces strategic partnership with Boeing

Rome, Italy - Within today will be announced the details

Italian industry Finmeccanica and the giant of aeronautical and aerospace industry in the United States, Boeing Corporation, will announce today the signature of a strategic partnership between the two... more

IndustryBae announces two new contracts after that with Finmeccanica

London, Great Britain - The contracts have a total value of EUR 128m

Bae (British Aerospace) Systems has announced two new contracts that will be signed in the next days. The contracts will have a total value of EUR 128m. The contracts represent an entrance of new capitals... more

IndustryFinmeccanica close to purchase Aermacchi

Athens, Greece - Alenia's chairman: "the agreement within few weeks"

In an interview released at Defendory 2002, the specialized exhibition of conventional systems for national defence on land-sea-air, which runs in Athens from October 1 to October 5, Alenia Aeronautica's... more

IndustryTelecom Italia to sell Telespazio to Finmeccanica group

Milan, Italy - According to an Italian newspaper

According to what reported by the Italian financial newspaper "Il Sole 24 Ore", Telecom Italia is to sell 100% of its controlled satellite operator Telespazio to the Italian aerospace and defence group... more

IndustryAlenia Aeronautica and Boeing finalized the agreement reached at Farnborough air show

Rome, Italy - To produce and support 4 tanker aircraft

Yesterday, the Italian industry Alenia Aeronautica (Finmeccanica Group) and the Us plane maker Boeing finalized the deal they reached last week at Farnborough air show to produce and support 4 tanker aircraft... more

IndustryRolls-Royce takes majority stake in EMA

Rome, Italy - Finmeccanica passes from 66.66% to 49% stake

Rolls-Royce and Finmeccanica, the Italian aerospace and advanced technology industrial group, decided last May 28 to change their stakes in EMA - Europea Microfusioni Aerospaziali -, their joint venture... more

IndustryInnovative contract for AgustaWestland

London, Great Britain - -Cotract signed with UK MoD

AgustaWestland, the world’s No 1 helicopter company and a 50:50 joint venture between GKN and Finmeccanica, has secured an innovative Strategic Partnering Contract (SPC) with the UK Ministry of Defence (... more

IndustryFinmeccanica close to the agreement with Lockheed Martin

Rome, Italy - Italian firm to enter the Jsf project

According to Alberto Lima, Finmeccanica president and ceo, "at the end we are going in the right way". Once reached, the deal will allow Finmeccanica to partecipate in Lockheed Martin Jsf fighter project.... more

IndustryAlso italian Finmeccanica in Inmiza

Rome, Italy - The new spanish consortium for missile systems

After some months of discussions a new multi-national group is born. It is the spanish Inmiza, whose task is the production of missile systems. The first design will be the air superiority missile Meteor,... more

IndustryALENIA MARCONI SYSTEMS AWARDED A 60 EURM CONTRACT

ROME, ITALY, The Finmeccanica/Bae Systems joint venture, Alenia Marconi Systems awarded of a 60 EURm contract for supply of a radar system RAT31DL to Malaysia Defense Ministry, including logistic support.... more

IndustryFINMECCANICA IN TALKS WITH EUROPEAN INDUSTRIES TO FORM JOINT-VENTURE

ROME, Italian Finmeccanica has opened talks with french Thales and Alcatel to form joint-ventures in the aerospace industry. In addition, the group wishes the negotiations with Eads to be succesful by... more