Looking forward to land on the Red Planet, Finmeccanica’s technologies reach Malaysia, Saudi Arabia and Morocco. The Group chaired by Gianni De Gennaro and driven by Mauro Moretti in the meantime announced that it has completed the sale of the company Fairy at the Danieli, while some reservations remains about Sukhoi Aircraft , a joint venture with the Russian Sukhoi. Here is the financial situation of the Defence and Aerospace Group, the new agreements and strategies with a view, a few hours of the announcement of the new logo of the group active in aerospace and defense.
ACCOUNTS
“our fundamentals are dramatically improved: routine produces cash management and payables are greatly reduced,” said the CEO of Finmeccanica at the presentation in Rome of the mission ‘ExoMars’, anticipating Finmeccanica’s accounts of 2015 that will be announced this week. “You will see that they are very good” and “we will be able to give good surprises than the guidance,” said Moretti.
THE SALE OF FAIRY
on March 10, the Moretti group announced that it has completed the sale to the Danieli group of 100% of the Fairy capital, a subsidiary active in the design of industrial plants, and its subsidiaries in the US (Fata Hunter), India (Fata Engineering) China (Shanghai Fata) and the UAE (Gulf Fata). “Danieli – reads a note of Finmeccanica – was selected as the best industrial partner to ensure Fata a successful positioning in the long term.” Before closing, they have been separated from Fata, through partial division, participation in Fata Logistic Systems and some active games that have been conferred to the Finmeccanica Group.
WHAT CHANGES IN SUKHOI AIRCRAFT
Meanwhile, the Finmeccanica share in Sukhoi Aircraft, the joint stock company between Alenia Aermacchi (now division of the group) and the Russian Sukhoi, which produces the Superjet 100, it seems to have slipped to 5.5% from the previous 25%. Included in the list of activities subject to verification, for the Group, the joint venture would not be so revealed a good deal. “Dilution – he wrote Angela Zoppo MF / Milano Finanza – you should not to a sale but the decision not to sign the rise capital of the joint venture, which would have to make a contribution of about $ 400 million. Finmeccanica, however, has maintained the same governance rights and an option to see block 25% if things get better. “
THE NEW AGREEMENTS
on the occasion of World ATM Congress which was held in Madrid from 8 to 10 March, Finmeccanica announced the signing of agreements for a total value of approximately 120 million euro. The Division for Security Systems and Finmeccanica will provide information systems for air traffic control (Air Traffic Control – ATC) in Malaysia, Saudi Arabia and Morocco.
Finmeccanica in particular will be the partner company to provide the Malaysian AAT the new air traffic control center to the international airport of Kuala Lumpur, which will be completed by 2018. In Saudi Arabia will provide the Royal Saudi Air Force, by the end of 2017, six systems for air traffic control last generation. In Morocco, the African country with the highest number of radars for air traffic control, was finally selected by the airport in Morocco, ONDA, to enhance the air traffic control system through the provision of six surveillance radar will be installed in the south of the country and an additional radar for the main the eastern hub.
These new contracts complement the list of more than 150 countries already use Finmeccanica solutions, based on proprietary technologies to guarantee the safety and environmental sustainability.
nEW sYSTEM fOR tHE aIR tRAFFIC cONTROL iN TURKEY
it reached full operation of the new air traffic control system ( Air Traffic Control – ATC) of Turkey, built and delivered to the customer DHMI (General Directorate of State Airports) by Finmeccanica, through the division for Security Systems and Information. The new system, which connects over 20 control towers and its 600 workstations, allows you to improve the management of air traffic throughout the airspace of the country. The system also allows for testing, simulation and training and is equipped with an inherent ability to restore the functionality in the event of disasters. “In these situations it is possible to move the air traffic operations safely and quickly from Ankara to Istanbul, without the risk of data loss, and performance, as well as transfer from single flight information regions, and communications between operators, pilots, airlines and airports, “explains one of the Group notes.
tHE ROLE iN EXOMARS
the Finmeccanica’s technologies will push to Mars. “Finmeccanica is involved from the 60s in the major space programs. After the success of the Rosetta mission, which saw Finmeccanica technologies to land on a comet, we are ready to bring ExoMars our knowledge on the Red Planet, “said Moretti to the installation presentation devoted to ESA mission realized by ASI in collaboration with Thales Alenia Space Italy, Finmeccanica and Telespazio. The ad pointed out “the pride of being protagonists” of the mission with technological contribution of the group. “I believe that the mission will be complicated but well-led.”
The first phase of the ExoMars mission is scheduled for March 14 from Baikonur, while the second part of the European Space Agency’s mission (ESA) and the space agency Russian Roscosmos will take place in 2018. the total cost of the mission is 1.3 billion.
iNTEREST iN AVIATION
As confirmation of Finmeccanica for the Moretti space said to be interested in the Avio Space , but “at the right price. We want to invest in space “. “Avio is in our interest because we’re in as a second partner” (with 15%), said the CEO of Finmeccanica at the presentation of the European space mission ExoMars.
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