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Finmeccanica (11). Results by sector of activity: OTO Melara, WASS, MBDA

Rome, Italy - Value of production: EUR 1,154 million (+1%); EBIT: EUR 112 million (+15%)

"Demand in the defence systems business is highly cyclical. In the missile segment, global demand is now valued at around USD 18 billion a year. Supply in the sector is very concentrated, both in the US and in Europe. In early 2006, MBDA took a further step towards rationalising its supply structure with the acquisition of German group LFK. In land and naval defence systems, recent geopolitical developments...

fra/pec - 138428
Rome, Italy, 03/30/2006 13:46
AVIONEWS - World Aeronautical Press Agency

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