Finmeccanica announced Thursday that the company is changing its name to ‘Leonardo S.p.a.’ from the current ‘Finmeccanica S.p.a’ with effect from 1 January 2017.
“The Shareholders’ Meeting resolved to approve in Extraordinary session, with favourable votes equal to around 99.74% of the capital represented at the Meeting, the proposed amendment of the art.1 of the By-laws providing to adopt, until 31 December 2016, the Company’s name “Leonardo-Finmeccanica Società per azioni” (abbreviated form "Leonardo S.p.a.” or "Finmeccanica S.p.a. ") and to adopt the company name "Leonardo – Società per azioni" (abbreviated form "Leonardo S.p.a.”) with effect from 1 January 2017,” the company said in a statement.
The decision to put, until 31 December 2016, the new name (Leonardo) before the current name (Finmeccanica) is aimed at granting the Company a suitable time frame to ensure the required continuity mainly in relationships with foreign countries, the statement added.
Leonardo-Finmeccanica today hit back at the Indian governments move to blacklist the company over the AgustaWestland bribery scandal. "Despite the context of uncertainty, Leonardo-Finmeccanica has over the past few years continued to supply India with the components and services essential to ensuring the operation of platforms and equipment for the countrys armed forces," a statement by the company said
India has scrapped a $267 million (INR 1800 crore) deal to procure 98 heavy weight torpedoes for the navys submarine project from Leonardo-Finmeccancia. “The global tender to procure 98 heavy-weight torpedos for navys submarine project has been scrapped and Request for Proposal in this regard is withdrawn,” a senior official was quoted as saying by
Leonardo-Finmeccanica and Nanyang Technological University (NTU Singapore), signed an agreement to start research collaboration in integrated and innovative composites helicopter structure and helicopter aerodynamics. The agreement follows the Memorandum of Understanding signed in February in Singapore and establishes a partnership to contribute to the aerospace technological advancement by sharing talents and know-how, promoting scientific research and developing engineering and industrial capabilities, Leonardo-Finmeccanica said in a statement Tuesday
Leonardo-Finmeccanica has introduced TH-119 new name, new avionics for US Navy Advanced Helicopter Trainer Program An AgustaWestland AW119 single engine helicopter variant designated as the TH-119 was introduced during the Navy League Sea-Air Space Exhibition (Washington D.C
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