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Created byBrandon Howard
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Finmeccanica – Società per Azioni got its official start on 18 March 1948 as a subholding for mechanical industry of state owned IRI.Shareholders' approve Finmeccanica’s name to be changed to Leonardo - Società per Azioniinternal IRI reorganization process brought STET electronic enterprises to Finmeccanica, that from Aeritalia-Selenia merger made up its aerospace subsidiary Alenia.1992 Finmeccanica's Agusta became a 32% partner in NHIndustries, the prime contractor for NH90 helicopter, along with Eurocopter (62.5%) and Fokker (5.5%).Finmeccanica announced its intention to purchase the U.S. defense contractor DRS Technologies for nearly $5.2 billion.On 22 October 2008 the sale of DRS Technologies was finalized.finmeccanica and british GKN mergA joint Finmeccanica/BAE systems merg with european missile manufacture. Thus becoming the 2nd largest missle manufacturerNew
eventIn March 2007 BAE Systems sold its 25% share to Finmeccanica for €400 million.Finmeccanica emails were published by WikiLeaks and Finmeccanica was subject to judicial inquiries on several fronts and management changes.Leonardo presented the 2018-2022 Industrial Plan with the aim of taking the necessary actions to return to sustainable growth in the five-year period.
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