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Finmeccanica approves the results for 2003 (6): results by sector of activity. Oto Melara, Wass, Mbda

Rome, Italy - Value of production: EUR 1,102m (16%); Ebita: EUR 88m (+13%).

"The defence systems business includes missile systems (Mbda, a joint venture with BAE Systems and Eads), land, naval, air, underwater and sonar systems. The defence systems market has been the hardest hit by new operational requirements, which means that projects to develop new products have been downsized and/or delayed for both the national and international markets. New orders in 2003 totalled...

fra/pec - 60920

AVIONEWS - World Aeronautical Press Agency
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