Finmeccanica, BAE Systems close to striking new deal

LE BOURGET, France - The proposed military avionics project of Finmeccanica and BAE Systems is close to reality, according to Finmeccanica President and CEO Pier-Francesco Guarguaglini. The new joint venture, referred to as AeroSystems, will be "colossal," with annual revenues of 1.7 billion euros (...

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