Aircraft
High-flying Italians on Mideast mission
A new alliance with the evolving Russian aerospace sector and efforts to break into the Middle East defense market are key to Italian industrial group Finm

A new alliance with the evolving Russian aerospace sector and efforts to break into the Middle East defense market are key to Italian industrial group Finmeccanica’s strategy for boosting its global presence in the industry. Finmeccanica (Stand C310) comes to Dubai fresh from having formed the new Superjet International joint venture between its Alenia Aeronautica subsidiary and Russia’s Sukhoi Civil Aircraft Co.

Last year, aerospace and defense interests accounted for about half of all Finmeccanica’s total revenues. “We are devoting a major effort to make this sector more and more productive on the basis of the existing businesses,” Pier Francesco Guarguaglini, Finmeccanica chairman and chief executive officer, told AIN in an interview prior to this week’s show.

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