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Finmeccanica: Selex venture boosts Finmeccanica’s Defence Electronics business

Rome, Italy - Encompassing avionics, communications, integrated systems and security, the new business will generate EUR 3 billion in revenues and employ 19,000 staff

"Following the signing of the agreement with BAE Systems, Finmeccanica has created a new Defence Electronics division, making the Italian group Europe’s second-largest operator in the sector and sixth-largest in the world. The new division will generate revenues of more than EUR 3 billion and employ about 19,000 people. Together with the acquisition of 100% of AgustaWestland and the creation of t...

fra/pec - 120652

AVIONEWS - World Aeronautical Press Agency
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