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CLARA MOSCHINI

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Finmeccanica (9). Results by sector of activity: Oto Melara, Wass, Mbda

Rome, Italy - Value of production: EUR 198 million (-24%); EBITA: EUR 5 million (-44%)

"Finmeccanica’s Defence Systems sector includes MBDA, a joint-venture with BAE Systems and EADS, in which Finmeccanica holds a 25% stake, and the activities of OTO Melara in land, naval and airborne systems and the business of WASS in underwater weapons and sonar systems. In 1Q05 Finmeccanica’s Defence Systems business posted results below those of 1Q04 but in line with internal forecasts. Value of...

fra/pec - 120513

AVIONEWS - World Aeronautical Press Agency
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