Italy's premier A&D company takes a hard look at itself
Italy's emergency government is dealing with a dire financial situation that will force substantial cuts in both the defense procurement budget and investment, and flagship provider Finmeccanica is set to feel the brunt of the fallout. Details of Finmeccanica's first reactions emerged last week when the company announced third-quarter financial results that show it swung to a loss equaling its profit for the same quarter a year before. Considering that Finmeccanica receives 72% of ...
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