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Finmeccanica (7). Results by sector of activity: Alenia Spazio, Telespazio

Rome, Italy - Value of production: EUR 373 million (+5%); EBIT: EUR 21 million

"The alliance with Alcatel was not operational in the first half of the year. The final contract, signed in January, was finally ratified following the approval by the European authorities on 1 July. The agreement radically changed the group’s prospects in the sector: previously a niche player, it is now a market leader, just as demand is picking up again in Europe. The commercial space market has r...

fra/pec - 128039

AVIONEWS - World Aeronautical Press Agency
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