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 ...


"Italian Budget Strife Prompts Finmeccanica Transformation" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.