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Finmeccanica (8). Results by sector of activity: Galileo Avionica, Selenia Communications, OTE, AMS, Sistemi Navali Internazionali, Elsag, Datamat

Rome, Italy - Value of production: EUR 3,324 million (+60%); EBIT: EUR 269 million (+74%)

"The structure of the defence electronics business was changed significantly by the agreement signed at the end of April 2005 with BAE Systems. This led to: the creation of Selex Sensors and Airborne Systems SpA, controlled 75% by Finmeccanica and 25% by BAE Systems, which groups the activities of Galileo Avionica and Selex Sensors and Airborne Systems Ltd; the sale to Finmeccanica of BAE Systems’ m...

fra/pec - 138425

AVIONEWS - World Aeronautical Press Agency
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