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Finmeccanica
Leonardo S.p.A., formerly Leonardo-Finmeccanica and originally Finmeccanica, is an Italian multinational company specialising in aerospace, defence and security. Headquartered in Rome, Italy, the company has 180 sites worldwide. It is the eighth largest defence contractor in the world based on 2018 revenues. The company is partially owned by the Italian government, which holds 30.2% of the company's shares and is its largest shareholder. On 1 January 2016, Leonardo-Finmeccanica became a single industrial company by integrating the activities of its subsidiaries AgustaWestland, Alenia Aermacchi, DRS Technologies, Selex ES, Oto Melara and WASS. The company is organised into five divisions (Helicopters, Aircraft, Aerostructures, Electronics, Cybersecurity). It is also the parent company and corporate centre for the subsidiaries and joint ventures Telespazio, Thales Alenia Space, MBDA and ATR. Leonardo is listed on the Borsa Italiana and is a constituent of the FTSE MIB and ...
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Selex ES
Selex ES was a subsidiary of Finmeccanica S.p.A., active in the electronics and information technology business, based in Italy and the United Kingdom, UK, and formed in January 2013, following Finmeccanica's decision to combine its existing SELEX Elsag and SELEX Sistemi Integrati businesses into SELEX Galileo, the immediate predecessor of Selex ES. From 1 January 2016, the activities of Selex ES merged into Leonardo-Finmeccanica's Electronics, Defence and Security Systems Sector becoming Leonardo S.p.A. Selex ES's activities had been organised in three Divisions within the sector: Airborne & Space Systems, Land and Naval Defence Electronics and Security and Information Systems. History Predecessor companies In July 2003 Finmeccanica and BAE Systems signed a joint venture agreement with the intention of merging their avionics, C4ISTAR, C4ISR and communications businesses to create three joint venture partnerships under the name Eurosystems. The difficulties of integrating the ...
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AgustaWestland
AgustaWestland was an Anglo-Italian helicopter design and manufacturing company, which was a wholly owned subsidiary of Finmeccanica (now known as Leonardo). It was formed in July 2000 as an Anglo-Italian multinational company, when Finmeccanica and GKN merged their respective helicopter subsidiaries ( Agusta and Westland Helicopters) to form AgustaWestland, with each holding a 50% share. Finmeccanica acquired GKN's stake in AgustaWestland in 2004. In 2016, AgustaWestland was merged into Leonardo S.p.A. (formerly Finmeccanica), where it became the company's helicopters division under the Leonardo Helicopters brand. "AgustaWestland" still exists as a subsidiary of Leonardo but the AgustaWestland public brand is no longer promoted. History The collaboration between Agusta and Westland dates back to 1981, when the two companies established the European Helicopter Industries joint venture with the aim of developing a new medium-size utility helicopter, the EH101. In March 19 ...
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Oto Melara
OTO Melara was a subsidiary of the Italian company Finmeccanica, today Leonardo, active in the defence sector, with factories in Brescia and La Spezia. The Mod 56 pack howitzer, in service throughout the world, and the 76mm naval gun, adopted by 53 navies and installed on over 1,000 naval vessels, are among OTO Melara's best known weapons since World War II. From 1 January 2016, the activities of OTO Melara merged into Leonardo's Defence Systems Division, within the Electronics, Defence and Security Systems Sector. History Pre–World War I It was founded in 1905 as a joint venture of Vickers and Terni Steelworks, Cantiere navale fratelli Orlando and Cantieri navali Odero. Investment was also provided by Giuseppe Orlando and Attilio Odero. During World War I, Vickers Terni produced many weapons with calibre 40 mm and upwards. In 1929 the company was renamed Odero Terni Orlando with the abbreviation OTO. During World War II, mostly heavy guns for battleships were p ...
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DRS Technologies
Leonardo DRS, formerly DRS Technologies, Inc., is a US-based defense contractor. Previously traded on the NYSE, the company was purchased by the Italian firm Finmeccanica (now Leonardo S.p.A.) in October 2008. History Diagnostic/Retrieval Systems, Inc (DRS) was founded in 1968 by Leonard Newman (whose son, Mark Newman, was the CEO until January 2012) and David Gross, two engineers working for Loral Corporation. The two were working on signal processing techniques for anti-submarine warfare. When Loral chose to pursue other technology, Newman and Gross founded DRS to continue their research, which ultimately led to development of the AN/SQR-17 passive submarine detection system, a product still used today. DRS went public in 1981 and acquired its first company in 1984. By 1994, DRS set a goal to become a mid-tier defense contractor, defined by $500 million in sales – notwithstanding that DRS at the time had only $58M in sales. Six years later, at the turn of the century, DRS ...
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Alenia Aermacchi
Alenia Aermacchi was a company active in the aeronautics sector, with offices and plants in Venegono Superiore, Varese, Turin Airport in San Maurizio Canavese, Province of Turin and Pomigliano d'Arco, Province of Naples. From 1 January 2016, the activities of Alenia Aermacchi merged into Leonardo’s Aircraft and Aerostructures Division. History Alenia Aermacchi was created on 1 January 2012 as the merger of Alenia Aeronautica and its subsidiaries (Alenia) Aermacchi and Alenia SIA. The former Alenia Aeronautica was created in 1990 by concentrating the Finmeccanica aerospace and defense industries Aeritalia and Selenia. Products * Alenia C-27J Spartan * Alenia Aermacchi M-345 * Alenia Aermacchi M-346 Master * Alenia Aeronautica Sky-X * Alenia Aeronautica Sky-Y Joint ventures * ATR 42 with Airbus * ATR 72 with Airbus * F-35 Lightning II with Lockheed Martin Aeronautics * Eurofighter with Airbus Defence and Space and BAE Systems * Panavia Tornado with EADS and BAE System ...
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Alessandro Profumo
Alessandro Profumo, current CEO of Leonardo S.p.A. (formerly Finmeccanica), is an Italian manager in banking. He worked as a consultant at McKinsey and Bain and, when CEO of Unicredit, he was involved in the merger with HypoVereinsbank, Bank Austria Creditanstalt and Capitalia with the UniCredit Group. He resigned as CEO of the Unicredit Group on 21 September 2010. Biography Alessandro Profumo was born in Genoa on 17 February 1957 as the youngest of five children. He grew up in Palermo; in 1970, he moved to Milan with his parents, where he went to the Liceo Manzoni and met his future wife Sabina Ratti, then his classmate. After finishing high school, Profumo enrolled at Bocconi University. In 1977, he married Sabina, and his only son Marco was born the same year. Having to support a family, Profumo dropped out of university and started his professional career at Banco Lariano. In 1987, Profumo resumed his studies and obtained a degree in Business Economics. Since 1998, w ...
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Aerospace Industry
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, or maintain both aircraft and spacecraft. The beginning of space and the ending of the air is considered as 100 km (62 mi) above the ground according to the physical explanation that the air pressure is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. Overview In most industrial countries, the aerospace industry is a cooperation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space Agency in Canada, Indian Space R ...
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Aerospace Manufacturer
An aerospace manufacturer is a company or individual involved in the various aspects of designing, building, testing, selling, and maintaining aircraft, aircraft parts, missiles, rockets, or spacecraft. Aerospace is a high technology industry. The aircraft industry is the industry supporting aviation by building aircraft and manufacturing aircraft parts for their maintenance. This includes aircraft and parts used for civil aviation and military aviation. Most production is done pursuant to type certificates and Defense Standards issued by a government body. This term has been largely subsumed by the more encompassing term: "aerospace industry". Market In 2015 the aircraft production was worth US$180.3 Billion: 61% airliners, 14% business and general aviation, 12% Military aircraft, 10% military rotary wing and 3% civil rotary wing; while their MRO was worth $135.1 Bn or $ Bn combined. The global aerospace industry was worth $838 billion in 2017: Aircraft & Engine ...
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Naval Artillery
Naval artillery is artillery mounted on a warship, originally used only for naval warfare and then subsequently used for shore bombardment and anti-aircraft roles. The term generally refers to tube-launched projectile-firing weapons and excludes self-propelled projectiles such as torpedoes, rockets, and missiles and those simply dropped overboard such as depth charges and naval mines. Origins The idea of ship-borne artillery dates back to the classical era. Julius Caesar indicates the use of ship-borne catapults against Britons ashore in his ''Commentarii de Bello Gallico''. The dromons of the Byzantine Empire carried catapults and fire-throwers. From the late Middle Ages onwards, warships began to carry cannons of various calibres. The Mongol invasion of Java introduced cannons to be used in naval warfare (e.g. Cetbang by the Majapahit). The Battle of Arnemuiden, fought between England and France in 1338 at the start of the Hundred Years' War, was the first recorded Europ ...
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Information Security
Information security, sometimes shortened to InfoSec, is the practice of protecting information by mitigating information risks. It is part of information risk management. It typically involves preventing or reducing the probability of unauthorized/inappropriate access to data, or the unlawful use, disclosure, disruption, deletion, corruption, modification, inspection, recording, or devaluation of information. It also involves actions intended to reduce the adverse impacts of such incidents. Protected information may take any form, e.g. electronic or physical, tangible (e.g. paperwork) or intangible (e.g. knowledge). Information security's primary focus is the balanced protection of the confidentiality, integrity, and availability of data (also known as the CIA triad) while maintaining a focus on efficient policy implementation, all without hampering organization productivity. This is largely achieved through a structured risk management process that involves: * identifying infor ...
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Arms Industry
The arms industry, also known as the arms trade, is a global industry classification, industry which manufacturing, manufactures and sells weapons and military technology. It consists of a commerce, commercial Private industry, industry involved in the research and development, engineering, production, and servicing of military material, equipment, and facilities. Arms-producing companies, also referred to as arms dealers, or as the military industry, produce arms for the armed forces of State (polity), states and for civilians. Departments of government also operate in the arms industry, buying and selling weapons, munitions and other military items. An arsenal is a place where arms and ammunition - whether privately or publicly owned - are made, maintained and repaired, stored, or issued, in any combination. Products of the arms industry include guns, artillery, ammunition, missiles, military aircraft, military vehicles, Naval ship, ships, electronics, electronic systems, milita ...
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Multinational Corporation
A multinational company (MNC), also referred to as a multinational enterprise (MNE), a transnational enterprise (TNE), a transnational corporation (TNC), an international corporation or a stateless corporation with subtle but contrasting senses, is a corporate organization that owns and controls the production of goods or services in at least one country other than its home country. Control is considered an important aspect of an MNC, to distinguish it from international portfolio investment organizations, such as some international mutual funds that invest in corporations abroad simply to diversify financial risks. Black's Law Dictionary suggests that a company or group should be considered a multinational corporation "if it derives 25% or more of its revenue from out-of-home-country operations". Most of the largest and most influential companies of the modern age are publicly traded multinational corporations, including '' Forbes Global 2000'' companies. History Colonialism ...
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