Italy’s emergency government is dealing with a dire financial situation that will force substantial cuts in both the defense procurement budget and investment funding, and flagship provider Finmeccanica is set to feel the brunt of the come-down. Details of Finmeccanica’s first reactions emerged last week when the company announced third-quarter financial results that saw it swing to a loss equaling its profit for the same quarter a year before. The regional aerospace and defense ...


You must be a paid subscriber to access "Italian Budget Strife Prompts Transformation At Finmeccanica".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.