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Finmeccanica (5): Defence and Security Electronics sector

Rome, Italy - SELEX Sensors & Airborne Systems Ltd, Galileo Avionica SpA, SELEX Sistemi Integrati, Elsag Datamat, SELEX Communications, SELEX Service Management, Seicos, Vega Group

The acquisition of DRS Technologies was completed on 22 October 2008. DRS was therefore consolidated in the results for this business division as of 22 October 2008, adding EUR 251 million in orders, an order backlog of EUR 2,404 million, EUR 551 million in revenues, adjusted EBITA of EUR 50 million and 10,789 employees. Revenues were EUR 4,362 million versus EUR 3,826 million in 2007. Excluding...

AVIONEWS - World Aeronautical Press Agency - 1101004

AVIONEWS - World Aeronautical Press Agency
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