Press release - GiovanniDeGennaro,Leonardo-Finmeccanica'sPresident(photobyWikipedia)
262 news found
Press releaseGalileo Avionica: aerial target Mirach 100/5 to enter service in France
Rome, Italy - After qualification tests enters operational service with the French DGA
"The Mirach 100/5, the high performance subsonic aerial target developed by Galileo Avionica, a Finmeccanica Company, after qualification tests enters operational service with the French DGA (Délégation G... more
Press releaseFinmeccanica: Board approves 2004 results
Rome, Italy - Operating profit up for third consecutive year; ROI at 23.1% (20.2% on 2003)
"Dividend of 1.3 Euro cents proposed to shareholders’ meeting (up 30% on 2003) Net profit trebles, including capital gain from the sale of STM Commitment to technological innovation confirmed: R&D i... more
Press releaseMergers: European Commission approves the EuroSystems transaction between BAE Systems and Finmeccanica in the defence sector
Brussels, Belgium - It has granted clearance to the proposed acquisition of some activities
"The European Commission has granted clearance under the EU Merger Regulation to the proposed acquisition of the avionics and communication business of BAE Systems, the UK defence contractor, by Italian... more
Press releaseAermacchi (Finmeccanica) (2): M-346 - Background information
Venegono, Italy - The Programme was launched by the industry in early 2000
"The M-346 Programme was launched by Aermacchi in early 2000, after a phase of in-depth studies, market surveys and benchmarking. In order to optimise the training effectiveness and the life cycle cost,... more
Press releaseAermacchi (Finmeccanica): the IAF Chief of Staff flies the M-346
Venegono, Italy - The flight lasted about 40 minutes
"Yesterday the Chief of Staff of the Italian Air Force, Lt. Gen. Leonardo Tricarico, piloted the Aermacchi M-346, new aircraft for the advanced training of military pilots. This was the 50th flight of... more
Press releaseGalileo Avionica to supply units for Automatic Transfer Vehicle
Rome, Italy - The contract is valued at more than EUR 11,8m
"Galileo Avionica, a Finmeccanica Company, has been awarded a contract with EADS Space Transportation to supply Power Conditioning Distribution Units and Solid State Power Amplifiers for the six Automated... more
Press releaseAermacchi (Finmeccanica): first flight in "dual FADEC" configuration for the M-346
Venegono, Italy - Made yesterday
"Yesterday the M-346, the Aermacchi twin engine advanced trainer, has performed its first flight in ’dual FADEC’ configuration, with both engine featuring full functioning digital electronic engines con... more
Press releaseGalileo Avionica: star trackers to guide Nasa missions
Rome, Italy - The contract of a value of around USD 1,5m
"Galileo Avionica, a Finmeccanica Company, has been awarded a contract with Nasa’s Goddard Space Flight Center to provide two Autonomous Star Trackers (A-STR), for the NASA Solar Dynamics Observatory p... more
Press releaseFinmeccanica (2): Pier Francesco Guarguaglini and Giuseppe Orsi's declarations on the US-101
Rome, Italy - They are Finmeccanica's President-Ceo and AgustaWestland's Ceo respectively
"Pier Francesco Guarguaglini’s declaration, President and Ceo of Finmeccanica: ’We are proud to offer, as partner of the Team led by the American Lockheed Martin, our tested helicopter, supported by... more
Press releaseFinmeccanica: US-101 selected by US Navy for Presidential helicopter replacement program
Rome, Italy - It will be "Oval Office in the Sky"
"The US Navy last Friday selected the US-101 for a new fleet of ’Marine One’ helicopters for the President of the United States. Lockheed Martin, which leads Team US-101 as prime contractor, will rec... more
Press releaseFinmeccanica (2): board approves agreements with BAE Systems (defence electronics) and Alcatel (space)
Rome, Italy - Heads of Operations appointed for group companies
"Finmeccanica’s board of directors has authorised Chairman and CEO, Pier Francesco Guarguaglini, to sign the final partnership agreements with UK group BAE Systems (EuroSystems) in defence electronics a... more
Press releaseFinmeccanica: signed EuroSystems agreement
Rome, Italy - The industry to become an European leader in defence electronics
"Finmeccanica and BAE Systems yesterday signed the final agreement for EuroSystems in the Defence Electronic sector. The agreement is of great strategic and economic value for Finmeccanica in terms both... more
Press releaseGalileo Avionica signed an agreement with Bulgaria on the TIPS programme
Rome, Italy - Between Finmeccanica group's and Bulgarian Rakovski Defence and Staff College
"A cooperation agreement has been signed today in Sofia on the TIPS programme between Galileo Avionica, a Finmeccanica's company, and the Bulgarian state-owned firm known as Rakovski Defence and Staff... more
Press releaseEurely makes a further step toward Galileo concession (2): the founders and partners of the industry
Rome, Italy - Societies both national and international level
"THE FOUNDERS OF EURELY AENA: Aena is a Public Business Entity entrusted with the planning, development, building, installation, operation and managing of the 44(+3) Spanish civil airports and the air... more
Press releaseEurely makes a further step toward Galileo concession
Brussels, Belgium - The offer contains further details in addition to the original proposal of last September
"Eurely, the consortium formed by Alcatel, Finmeccanica, AENA and Hispasat, today provided its final proposal for the Galileo Concession. The offer submitted to European Commission by Eurely, contains... more
Press releaseFinmeccanica about the new A-380 presentation, the Alenia Aeronautica's contribution
Rome, Italy - The General Manager of Finmeccanica, Giorgio Zappa said: "Airbus is a main partner for the Group"
"The General Manager of Finmeccanica, Giorgio Zappa, in the occasion of the new A-380 presentation has declared that: 'The A-380 programme represents one of the most important industrial contributions... more
Press releaseGalileo Avionica technologies aboard Cassini-Huygens brings us the sounds and voices of Titan
Rome, Italy - The industry is the maker of the instrument HASI
"Galileo Avionica, a Finmeccanica company, is the maker of HASI, the instrument that recorded and relayed the first data – including sounds – gathered by the Huygens probe, which landed on Titan on 14... more
Press releaseEurofighter: the contracts for the "Tranche 2" programme have been signed. The role played by Finmeccanica
Rome, Italy - Typhoon, the fulcrum of the future European defence and the Italian hi-tech cornerstone
The sign of the formal agreement on the Eurofighter Tranche 2 programme by Great Britain, Germany, Italy and Spain occurred on last December 14. It deals with an important decision which in particular... more
Press releaseFinmeccanica (11): consolidated balance analysis
Rome, Italy - Working capital, net debt, share data
"Working capital stood at EUR 663 million, compared with a negative figure of EUR 37 million at 31 December 2003. In the same period, operating working capital—made up of inventory and work in progress, t... more
Press releaseFinmeccanica (10): consolidated profit and loss account
Rome, Italy - Personnel costs, other income and charges, depreciation and amortisation, goodwill amortisation, financial income and expenses, the value of investments, extraordinary income and expenses, tax
"Personnel costs went up, owing to increased staff numbers and a rise in the average unit cost per employee. The average headcount was 45,926 in the period, up from 44,514 in 9M03—the combined effect o... more
Press releaseFinmeccanica (9): results by sector of activity. Oto Melara, Wass, MBDA
Rome, Italy - Value of production: EUR 748 million (EUR 705 million in 9M03); EBITA: 42 million (no change on 9M03)
"Despite stagnating demand, this business posted growth in volumes and results in line with last year. In the third quarter, EBITA fell from EUR 12 million to EUR 9 million, while EBIT slid from EUR 7... more
Press releaseFinmeccanica (8): results by sector of activity. Galileo Avionica, OTE, Marconi Selenia Communications, AMS, International Naval Systems division
Rome, Italy - Value of production: EUR 1,408 million (EUR 1,246 million in 9M03); EBITA: 97 million (+39%)
"In the first nine months, this division generated extremely good results thanks to important contracts in the sectors of avionics, integrated command and control systems, ATM, integrated communication... more
Press releaseFinmeccanica (7): results by sector of activity. Alenia Spazio, Telespazio
Rome, Italy - Value of production: EUR 523 million (EUR 486 million in 9M03); EBITA: 9 million (from EUR –37 million in 9M03)
"The commercial space market is starting to show signs of a recovery which may gather pace in the medium term. In the short term, however, the continued downturn on the telecommunications market has slowed... more
Press releaseFinmeccanica (3): third-quarter 2004 results
Rome, Italy - First nine-month 2004 highlights; outlook
"In Q304 Finmeccanica saw its value of production rise 11% compared with Q303 to EUR 2,078 million, with EBITA equal to EUR 106 million and a particularly significant EBITA margin of 5.1%, up from 4.5%... more
Press releaseFinmeccanica (6): results by sector of activity. AgustaWestland
Rome, Italy - Value of production: EUR 1,734 million (EUR 1,874 million in 9M03); EBITA: 150 million (-15%)
"AgustaWestland put in a positive performance overall in the first nine months, although its results were down on 9M03. In the third quarter, value of production rose from EUR 554 million to EUR 612 million,... more
Press releaseFinmeccanica (5): results by sector of activity. Alenia Aeronautica, Aermacchi
Rome, Italy - Value of production: EUR 1,200 million (EUR 860 million in 9M03); EBITA: 75 million (+70%)
"The sharp growth in value of production and EBITA in the period under consideration was due to Aermacchi and to a higher contribution from military aircraft, particularly the Eurofighter programme and... more
Press releaseFinmeccanica (4): new management appointed to Group subsidiaries
Rome, Italy - The Eng. Amedeo Caporaletti was appointed the Chairman and the Eng. Giuseppe Orsi will be appointed Chief Executive Officer of AgustaWestland and the other nominations
"The Finmeccanica board has appointed the new Chairman and CEO of AgustaWestland, of which Finmeccanica is acquiring the entire 100% of the share capital. Amedeo Caporaletti was appointed the Chairman... more
Press releaseFinmeccanica: Board of Directors approves results for 9M04; operating profit up on last year, in line with forecasts
Rome, Italy - Defence Electronics and Aeronautics drive growth; Space and Defence Systems also post good performances
"- The Aeronautics division recorded the most significant improvement in the period: value of production shot up by around 40% thanks mainly to the Eurofighter programme. - All areas of Defence Electronics... more
Press releaseFinmeccanica (2): key figures
Rome, Italy - Value of production, Ebitda, earnings before extraordinary items and tax, net profit, new orders, order backlog, net debt
"Valore della produzione. Value of production rose by 8%, from EUR 5,923 million in 9M03 to EUR 6,388 million. The most significant improvement was posted in the Aeronautics business, where sales rose... more
Press releaseFinmeccanica approves terms and conditions of sale of 93 million shares
Rome, Italy - In French-Italian group STM (10.3% of the share capital) to Cassa Depositi e Prestiti
"The Board of Directors of Finmeccanica today approved the main terms and conditions of an agreement to be signed with Cassa Depositi e Prestiti (CDP). The agreement was reviewed by CDP’s board on 8 N... more
Press releaseGalileo Avionica: a Laser Launching Telescope to Japanese Astronomical Observatory
Rome, Italy - Signed a contract with the Japanese industry Subaru
"Galileo Avionica, a Finmeccanica Company, has been awarded a contract with Subaru - National Astronomical Observatory of Japan for the supply of a Laser Launching Telescope for laser guide star. The equipment... more
Press releaseAermacchi: first flight of the SF-260 in a new version for the Italian Air Force
Varese, Italy - It has lasted over 70 minutes
"The SF-260, Aermacchi's (Finmeccanica Group Company) primary trainer, has performed its first flight, in the new 'EA' version specifically designed for the Italian Air Force. The maiden flight has lasted... more
Press releaseFinmeccanica and BAE Systems sign a new agreement in principle on partnership in defence electronics
Rome, Italy - Finmeccanica and BAE Systems have signed an agreement in principle on a new structure for the EuroSystems transaction
"Finmeccanica and BAE Systems have signed an agreement in principle on a new structure for the EuroSystems transaction that will give Finmeccanica full control of several key businesses and provide economic... more
Press releaseFinmeccanica: Board of Directors approves the reorganisation of senior management
Rome, Italy - Gianni Castellaneta appointed Vice-Chairman
"To complete the transformation of the group from a financial into a strategic industrial holding company, Finmeccanica’s board of directors today approved the changes to the senior management proposed b... more
Press releaseSecurity and emergency communications: the major issues of the Varese's aerospace conference
Milan, Italy - Produced by Euroways, from October 14 to 16
The Italian aerospace conference produced by Euroways and scheduled on next October 15 at Ville Ponti di Varese's conference centre, is aimed for the sixth time to put into evidence issues about Italian... more
Press releaseFinmeccanica: Board of Directors confers powers previously held by Mr Testore on Pier Francesco Guarguaglini
Rome, Italy - Thanking and appreciation for Mr Testore’s hard work and positive contribution to the group’s activities
"Finmeccanica’s board of directors has accepted Roberto Testore’s decision to step down as CEO and Managing Director of Finmeccanica. The board expressed its heartfelt thanks and its appreciation for... more
Press releaseAlenia Aeronautica attends in Europe to logistics service for the JSF fighter
Rome, Italy - It deals with components for production and maintenance related to the F-35 defence airplanes
"Alenia Aeronautica, a Finmeccanica's company, will attend in Europe to manage logistics service for production and maintenance components related to the Lockheed Martin F-35 Joint Strike Fighter aircraft,... more
Press releaseFinmeccanica: contract signed with GKN for acquisition of 50% stake in AgustaWestland
Rome, Italy - Following the announcement on 26 May 2004
"Further to the announcement on 26 May 2004, Finmeccanica announces that it has signed definitive agreements with GKN plc in relation to the proposed acquisition of GKN’s 50 per cent stake in AgustaWestland N... more
Press releaseVitrociset has been awarded the bid of the maintenance of the Test Fire Range in Salto di Quirra
Rome, Italy - The contract of a total worth about EUR 18m, will last a year
"The RTI composed of Vitrociset (Prime), Galileo Avionica and MBDA Italia has been awarded the bid issued by the Italian MoD – Military Air Force Logistic Command - for the services related to the 'Technical-operational m... more
Press releaseAermacchi-Finmeccanica M-346 Next Generation Advanced/Lift Trainer
Venegono, Italy - A success the first flight
"The Aermacchi M-346 next-generation advanced/lift military trainer flew for the first time on Thursday, July 15th 2004. The aircraft took off from the Venegono airfield in Italy at 8,30 hours local time... more
Press releaseFinmeccanica’s board of directors has approved the results for 2003
Rome, Italy - Net profit excluding STM advanced 27% to EUR 158m, value of production rose by 11% to EUR 8.6bn and new orders were up 5% at EUR 9.1bn
"2003 results were very encouraging and matched Finmeccanica’s forecasts, with net profit for the year excluding STM up 27% to EUR 158m versus EUR 124m in 2002. This was a highly satisfactory result g... more
Press releaseBAE Systems and Finmeccanica achieve an important milestone in the Eurosystems transaction
Rome, Italy - To reinforce their strategic cooperation, through an extension to other business activities
"BAE Systems and Finmeccanica are pleased to announce that they have achieved an important milestone in the Eurosystems transaction. The EuroSystems partnership - initially announced with the signing... more
Press releaseAgustaWestland: Chinese Shenzhen Police takes delivery of an A-109 Power
Cascina Costa di Samarate, Italy - It's fitted with special equipment and avionics
"AgustaWestland, a Finmeccanica and GKN company, is pleased to announce the delivery of an A-109 Power helicopter to the Shenzhen Police. The Power is fitted with special state of the art high tech police... more
Press releaseAgustaWestland: MH-68A "Stingray" helicopter patrols US ports against terrorist attacks
Cascina Costa, Italy - On January 1st for the first time, the US Coast Guard flew with this aircraft
"AgustaWestland, a Finmeccanica and GKN company, proudly announces its participation in another success story of the US Coast Guard in support of Homeland Security. On January 1st for the first time,... more
Press releaseAllitalia relies on Boeing for the conversion of the MD-11 into cargo
Rome, Italy - The industry converted more than 40 aicraft of this type
"Alitalia cargo relies on Boeing for the conversion of three of its MD-11 'combi' into cargo planes, keeing up with constant renewal of its fleet, which started in 2003 with the introduction of B-777. Boeing... more
Press releaseAermacchi signed a contract with IAF for the provision of 30 primary trainers SF-260EA
Varese, Italy - The first aircraft delivery is planned by the beginning of 2005
"Aermacchi has recently signed a contract with the Italian Air Force for the purchasing of 30 primary trainers SF-260EA, in a new configuration to meet the requirements of the Italian Air Force. As agreed... more
Press releaseDelta Air Lines increases the flights from Italy
Rome, Italy - Rome-Cincinnati route from next May 2, 2004
According to a press release "Delta Air Lines, the American carrier leader on the oversea routes, from the next May it will increase daily flights in departure from Rome. Next May 2, 2004 it will inaugurated... more
Press releaseFinmeccanica and the Carlyle Group finalise agreement on Avio
Rome, Italy - Avio SpA designs, develops and manufactures aircraft engine components
"Avio Holding SpA (owned 70% by the Carlyle Group and 30% by Finmeccanica) and Fiat SpA have finalised the agreement for the acquisition of Avio SpA, under the terms and conditions decided on 1 July 2003... more
Press releaseAMS wins USD 10m contract for ATC systems in Philippines
Rome, Italy - For the Diosdado Macapagal international airport in Clark, 80 Km from the capital, Manila
"AMS, an equal shares joint venture between Finmeccanica of Italy and Bae Systems of the UK, has been awarded a contract for the supply and installation of Terminal Radar Approach Control Systems for... more
Press releaseAgustaWestland and Bae Systems Team for Air 9000
Cascina Costa di Samarate, Italy - The agreement announced today
"AgustaWestland, a Finmeccanica and GKN company, and Bae Systems Australia today announced a teaming agreement to compete for the Commonwealth of Australia’s Air 9000 programme - becoming its strategic, l... more