Rotorcraft
Helicopters Key to Finmeccanica Upturn
Orders at AgustaWestland subsidiary were up 3.9 percent over 2013 and revenues increased by 8.1 percent.
Mauro Moretti, CEO and general manager at AgustaWestland parent company Finmeccanica forecasts that the AW609 tiltrotor will provide a “a revolution in the sector, particularly in terms of opportunities for greater distance" for the offshore oil and gas industry. (Photo: Mariano Rosales/AIN)
Mauro Moretti, CEO and general manager at AgustaWestland parent company Finmeccanica forecasts that the AW609 tiltrotor will provide a “a revolution in the sector, particularly in terms of opportunities for greater distance" for the offshore oil and gas industry. (Photo: Mariano Rosales/AIN)

Finmeccanica today reported encouraging full-year 2014 financial results, as the company returns to profitability and embarks on a new five-year industrial plan that will see it focus on core businesses. Along with electronics division Selex ES, the AgustaWestland helicopter business has performed particularly strongly. With orders up 3.9 percent over 2013 and revenues increasing by 8.1 percent, AgustaWestland is forecast to grow at a double-digit rate, with much of the business coming from the civil sector.


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