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Leonardo S.p.A.
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 Dow Jo ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange ( listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), ...
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Rotary Cannon
A rotary cannon, rotary autocannon, rotary gun or Gatling cannon, is any large- caliber multiple-barreled automatic firearm that uses a Gatling-type rotating barrel assembly to deliver a sustained saturational direct fire at much greater rates of fire than single-barreled autocannons of the same caliber. The loading, firing and ejection functions are performed simultaneously in different barrels as the whole assembly rotates, and the rotation also permits the barrels some time to cool. The rotating barrels on nearly all modern Gatling-type guns are powered by an external force such as an electric motor, although internally powered gas-operated versions have also been developed. The cyclic multi-barrel design synchronizes the firing/reloading sequence. Each barrel fires a single cartridge when it reaches a certain position in the rotation, after which the spent casing is ejected at a different position and then a new round is loaded at another position. During the cycle, ...
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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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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 r ...
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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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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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Information Security
Information security, sometimes shortened to InfoSec, is the practice of protecting information by mitigating information risks. It is part of Risk management information systems, information risk management. It typically involves preventing or reducing the probability of unauthorized/inappropriate access to data, or the unlawful use, Data breach, 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. Document, 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 r ...
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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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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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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 T ...
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Unmanned Underwater Vehicle
Unmanned underwater vehicles (UUV), sometimes known as underwater drones, are submersible vehicles that can operate underwater without a human occupant. These vehicles may be divided into two categories: remotely operated underwater vehicles (ROUVs) and autonomous underwater vehicles (AUVs). ROUVs are remotely controlled by a human operator. AUVs are automated and operate independently of direct human input. Classifications Remotely operated underwater vehicle Remotely Operated Underwater Vehicles (ROUVs) is a subclass of UUVs with the primary purpose of replacing humans for underwater tasks due to the difficult underwater conditions. ROUVs are designed to perform educational or industrial missions. They are manually controlled by an operator to perform tasks that include surveillance and patrolling. The structure of ROUVs disqualify it from being able to operate autonomously. In addition to a camera, actuators, and sensors, ROUVs often include a “gripper” or somethin ...
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Unmanned Ground Vehicle
An unmanned ground vehicle (UGV) is a vehicle that operates while in contact with the ground and without an onboard human presence. UGVs can be used for many applications where it may be inconvenient, dangerous, or impossible to have a human operator present. Generally, the vehicle will have a set of sensors to observe the environment, and will either autonomously make decisions about its behavior or pass the information to a human operator at a different location who will control the vehicle through teleoperation. The UGV is the land-based counterpart to unmanned aerial vehicles and unmanned underwater vehicles. Unmanned robotics are being actively developed for both civilian and military use to perform a variety of dull, dirty, and dangerous activities. History A working remote controlled car was reported in the October 1921 issue of RCA's ''World Wide Wireless'' magazine. The car was unmanned and controlled wirelessly via radio; it was thought the technology could someday b ...
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