A version of this article appears in the August 11/18 double issue of Aviation Week & Space Technology. Italy’s long-struggling aerospace and defense group Finmeccanica has begun a deep-rooted review into its product line and business empire as it grapples to boost profitability and cash flow. The assessment is seen as essential to CEO Mauro Moretti’s bid to turn the company’s fortunes around in the face of reduced defense budgets, increased competition in the ...

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