
| SELEX Sistemi Integrati signs agreement with Libya for Border Security and Control |
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08:31 GMT, October 8, 2009 SELEX Sistemi Integrati signed an agreement worth EUR 300 million with the Lybian General People's Committee for General Security for a large Border Security and Control System. The first tranche of EUR 150 million has already started. |
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Company or Organisation Portrait:
Finmeccanica is the main Italian industrial group operating globally in the aerospace, defence and security sectors, and is one of the world's leading groups in the fields of helicopters and defence electronics. It is also the European leader for satellite and space services as well as having considerable know-how and production capacity in the energy and transport fields. Headquartered in Italy and with a vast industrial base in the UK as well as important production facilities in the rest of Europe and in the USA, Finmeccanica has a workforce of more than 73,000 people, and a revenues volume of euro mil. 15,037. Technology and innovation are the keystones of Finmeccanica's success and competitive edge. For this reason, the Group invests 1,809 billion euros a year in R&D activities (representing 14% of revenues), making Finmeccanica the leading Italian investor in hi-tech sectors. As far as the core business is concerned, investments amount to 20% of turnover - a percentage that is higher than some of its main competitors. A large part of R&D investment is channelled into dual technology projects, leading to significant advantages in civil applications of considerable strategic importance. To maintain its leadership in hi-tech sectors, Finmeccanica focuses on the value of its human resources, and the laboratories of its subsidiaries are staffed by around 3,000 highly specialized researchers. |
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Company or Organisation Contact:
Roberto Alatri Vice President of Press Office Telephone:+39 06 32473313 Telephone:+39 347 4184430 fax+39 06 32657170 roberto.alatri@finmeccanica.com |
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