About Finmeccanica

Finmeccanica, ranked ninth in the worldwide defence industry, provides industrial and strategic control over more than 200 subsidiaries in military and civil aeronautics, defense electronics, transportation and energy, and space. Headquartered in Italy, Finmeccanica has a vast industrial base in the United States, the United Kingdom and important production facilities throughout the rest of Europe. Finmeccanica currently has an international workforce of approximately 73,000 employees, including over 13,000 in North America. Finmeccanica annual revenues grew 12% in 2008 to €15.037M.

With over 150 locations worldwide, 83 of which are located in North America, Finmeccanica is committed to the growth and development of its presence in North America. In 2008, Finmeccanica acquired DRS Technologies, which has over 10,000 employees in North America. DRS, headquartered in Parsippany, New Jersey, U.S.A., is a leading supplier of integrated products, services and support to military forces, intelligence agencies and prime contractors worldwide.

Technology and innovation are the keystones of Finmeccanica's success and competitive edge. For this reason, the Group invests 1.8 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.

For additional information go to www.finmeccanica.com