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33-563: The agreement to build Göktürk-1 was signed on July 13, 2009 between the Ministry of National Defence and Telespazio, a Finmeccanica / Thales Group joint venture company, taking effect on July 19, 2009. Thales Alenia Space is in charge of supplying the satellite bus . Within the framework of the project, a facility for assembly, integration and testing of spacecraft (UMET) up to 5,000 kg (11,000 lb) mass will be established in Turkey, which

66-405: A fully electronic trading system. Among its leading tasks, Borsa Italiana supervises listed companies, defining rules for admission and listings and supervising transaction activities. The exchange has pre-market sessions from 8AM to 9AM, normal trading sessions from 9am to 5:30PM and post-market sessions from 6PM to 8:30PM on all days of the week except Saturdays, Sundays, and holidays declared by

99-513: A pressure campaign on the French company Thales Group , which is one of the shareholders of Telespazio. Israel expressed its fear that the high resolution imagery taken by Göktürk-1 over its territory could eventually fall into the wrong hands. Israel, which supplies some of the critical electro-optical parts of the satellite's high-technology camera system to Thales Group , stipulated that Göktürk-1 should be made incapable of taking imagery as long as it

132-763: A significant process of change for the Group, both in terms of strategic choices and organizational structure. The goal was to create a more cohesive and efficient group in which all processes (research, marketing and sales, engineering, procurement, strategies and governance) are centralized and integrated and can interact each other. This encompasses the 100% owned companies of the core aerospace and defence business (AgustaWestland, Alenia Aermacchi, Oto Melara, Selex ES and WASS) being transformed into seven new Finmeccanica divisions. The current holding company will then become an operating company based on seven major business areas, maintaining its parent company and corporate centre function for

165-586: A single integrated industrial entity, that absorbed the activities of AgustaWestland, Alenia Aermacchi, Selex ES, OTO Melara and WASS. A company rebranding operation led by Mauro Moretti began in March 2016, with a proposal to change the company name. From 1 January 2017 Finmeccanica officially became Leonardo, a name inspired by the Italian savant Leonardo da Vinci . In March 2017 the Italian Treasury proposed that

198-665: A €4.3 billion deal was agreed between the London Stock Exchange Group and pan-European stock exchange group Euronext . Euronext's acquisition of the Italian Bourse was completed on 29 April 2021. It is expected Italian Bourse will be rebranded as Euronext Milan in due course. Borsa Italiana is also informally known as Piazza Affari ( lit.   ' Business Square ' ), after the city square of Milan where its headquarters (the Palazzo Mezzanotte building)

231-680: Is a partner for various international industrial collaborations. The company is an ITER supplier. In December 2021, Leonardo Electronics announced it would be building a semiconductor device fabrication facility in Oro Valley, Arizona with construction beginning in the first half of 2022. As of March 2023, Leonardo's largest shareholder was the Italian Ministry of Economy and Finances with 30.20%. Sources: Borsa Italiana Borsa Italiana , based in Milan at Mezzanotte Palace ,

264-503: Is considered as a critical infrastructure. The project is valued at more than € 250m. The satellite with 0.80 m (2 ft 7 in) resolution is intended for use of reconnaissance over any location on Earth without geographical restriction. Additionally, it will carry out various civil applications on mapping and planning, landcover survey, geology , ecosystem monitoring, disaster management , environmental control , coastal zone management, and water resources. Israel started

297-663: Is located. Borsa Italiana is chaired by Claudia Parzani, and Fabrizio Testa is the CEO. Borsa Italiana is regulated by the Commissione Nazionale per le Società e la Borsa (CONSOB), an agency of the Ministry of Economy and Finance , based in Rome. As of April 2018, overall capitalisation for listed companies on Borsa Italiana was worth €644.3 billion, representing 37.8% of Italian GDP . The Borsa di commercio di Milano (Milan Stock Exchange)

330-509: Is organised into five divisions (Helicopters, Aircraft, Aerostructures, Electronics, Cybersecurity). It is also the parent company and corporate centre for the subsidiaries and joint ventures Telespazio , Thales Alenia Space , MBDA and ATR . Leonardo is listed on the Borsa Italiana and is a constituent of the FTSE MIB and Dow Jones Sustainability Indices . As of April 2016 , the company

363-526: Is over Israel. Turkey, after having received such information, demanded from the contractor Thales Group that it has to prove the satellite can take imagery from any location desired. The French producer initially rejected this demand, but later decided to accept it, after the Turkish government responded by stopping the payments. Turkish bureaucrats also requested the launch of the satellite to be made by an experienced and well-known space company. Thales Group, on

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396-628: Is present worldwide in about 20 countries (42% in Italy and 58% abroad). Commercially, there are about 150 countries in the world that use products, systems and services supplied by Leonardo. Its production activities and its main industrial and commercial bases are located in Italy, the United Kingdom, Poland and the United States. Moreover, Leonardo has gained a significant presence in France and Germany, and

429-508: Is the Italian stock exchange . It manages and organises domestic market, regulating procedures for admission and listing of companies and intermediaries and supervising disclosures for listed companies. Following exchange privatisation in 1997, the Italian Bourse was established and became effective on 2 January 1998. On 23 June 2007, the Italian Bourse became a subsidiary of the London Stock Exchange Group . This changed on 9 October 2020, when

462-445: Is the 12th largest defence contractor in the world based on 2020 revenues. The company is partially owned by the Italian government, which holds 30.2% of the company's shares and is its largest shareholder. On 1 January 2016, Leonardo-Finmeccanica became a single industrial company by integrating the activities of its subsidiaries AgustaWestland , Alenia Aermacchi , DRS Technologies , Selex ES , OTO Melara and WASS . The company

495-604: The AnsaldoBreda business , excluding some revamping activities and residual contracts, and of the entire Finmeccanica stake in the share capital of Ansaldo STS , approximately 40% of the total capital. FATA, another subsidiary of the Finmeccanica Group since 2004 that was not part of the core business, was sold in 2015 to the Gruppo Danieli, dealing in the production of steel plants. On 1 January 2016, Finmeccanica became

528-541: The European group assumed control of the company. Its weight on the total Italian economy is growing: the overall capitalization of listed companies in December 2021 stood at 757 billion (equal to 43.1% of GDP), up by 24.7% compared to 2020. Borsa Italiana acts as a market management firm operating with autonomy and flexibility. It organises and manages the domestic stock market along with Italian and international brokers through

561-499: The Group companies excluded from the model (DRS Technologies, Telespazio, Thales Alenia Space, MBDA and ATR). At the end of 2014, Finmeccanica transferred its stake in BredaMenarinibus to the newco Industria Italiana Autobus (20% Finmeccanica and 80% King Long), thereby taking a further step in the Group's portfolio rationalization process. In 2015, Hitachi signed a binding agreement with Finmeccanica for Hitachi's acquisition of

594-499: The Göktürk series (however with lower resolution compared to Göktürk-1) was successfully placed in orbit on December 18, 2012. Finmeccanica Leonardo S.p.A. , formerly Leonardo-Finmeccanica and originally Finmeccanica , is an Italian multinational company specialising in aerospace , defence and security . Headquartered in Rome , Italy , the company has 180 sites worldwide. It

627-466: The agreement to merge in an all-stock deal with Deutsche Borse , but was subsequently blocked by the EU Competition Regulator. On 18 September 2020, the London Stock Exchange Group entered into exclusive talks to sell the Italian Bourse to Euronext . On 29 April 2021, following the entry of CDP Equity and Intesa San Paolo (Italian institutional investors) as shareholders of Euronext,

660-440: The communications equipment in helicopter terminals, while the uprising continued. Finmeccanica stated that the equipment sales were legal, they occurred "before the outbreak of conflict inside Syria", and the equipment "was designed for use by emergency responders" for civilian use only. On 12 February 2013, the chief executive, Giuseppe Orsi , was arrested on corruption charges. Prosecutors alleged that he paid bribes to ensure

693-423: The company merged with Finmeccanica's other defence electronics companies, SELEX Elsag and SELEX Sistemi Integrati , to become Selex ES . In May 2008 Finmeccanica announced its intention to purchase the U.S. defense contractor DRS Technologies for nearly $ 5.2 billion. In October 2008 the sale of DRS Technologies was finalized. During 2011–2013, Finmeccanica emails were published by WikiLeaks and Finmeccanica

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726-487: The defence company Oto Melara and the electronic enterprise Officine Galileo . STET (another IRI subsidiary) held Selenia , Elsag and SGS Thomson , all electronic enterprises with specializations in security and defense. In 1989, an internal IRI reorganization process brought STET electronic enterprises to Finmeccanica, and the Aeritalia-Selenia merger constituted its aerospace subsidiary Alenia . In 1992 EFIM

759-536: The electronic exchanges were approved, and in 1994, the market with grids (A, B, C) was abolished. In Milan were also the currencies exchange rates fixing and the commodities fixing. On 1 October 2007, Borsa Italiana was merged with the London Stock Exchange in an all-share takeover, thus becoming part of the London Stock Exchange Group. In March 2016, the London Stock Exchange Group announced

792-570: The other hand, originally proposed to commission a launch company without too much experience in order to cut the costs. After numerous delays due to political and business disputes, which were finally solved, the satellite was launched from the Guiana Space Center at 13:51:44 UTC, on 5 December 2016, on flight VV08 of the European Space Agency 's Vega rocket. Four years earlier, Göktürk-2 , another Earth observation satellite of

825-575: The prime contractor for the NH90 helicopter , along with Eurocopter (62.5%) and Fokker (5.5%). In July 2000 Finmeccanica and the British GKN agreed to merge their respective helicopter subsidiaries ( Agusta and GKN-Westland Helicopters ) to form AgustaWestland . In December 2001, the missile business of Alenia Marconi Systems (AMS), a joint Finmeccanica/ BAE Systems company, was merged with other European missile manufacturers to form MBDA , which became

858-605: The sale of 12 helicopters to the Indian government, when he was head of the group's AgustaWestland unit. In July 2013, the Letta government appointed former police chief Giovanni De Gennaro as Chairman of Finmeccanica. In December 2013 Finmeccanica sold 39.55% of its share capital in Ansaldo Energia to Fondo Strategico Italiano. In the first half of 2014, Finmeccanica's new Chief Executive Officer and General Manager Mauro Moretti started

891-405: The state-owned Istituto per la Ricostruzione Industriale (IRI). Finmeccanica has held for years some historic Italian enterprises, as Alfa Romeo (automobiles), Aeritalia (aerospace) and Ansaldo (engineering). From the 1960s to the 1980s Italy's defence and aerospace industry was split into state-holding entities: EFIM  [ it ] owned the helicopters manufacturer Agusta ,

924-448: The veteran banker Alessandro Profumo replace Mauro Moretti as CEO of Leonardo. In May 2017 the Board appointed Alessandro Profumo to the role. On 10 May 2023 the Board of Directors appointed Mr. Roberto Cingolani to the position of Chief Executive Officer and General Manager, Mr. Stefano Pontecorvo to the role of Chairman, Mr. Lorenzo Mariani to the role of Co-General Manager. Leonardo

957-419: The world's second largest missile manufacturer. In July 2003 Finmeccanica and BAE Systems announced their intention to set up three joint venture companies, to be collectively known as Eurosystems . These companies would have pooled the avionics, C4ISTAR and communications businesses of the two companies. In March 2007, BAE Systems sold its 25% share to Finmeccanica for €400 million. In January 2013

990-726: Was established by Eugène de Beauharnais , viceroy of the Napoleonic Kingdom of Italy , through decrees dated 16 January and 6 February 1808. It overtook the historically poorly regulated Borsa di Genova , later becoming the Italy's main stock exchange after the Panic of 1907 . It operated under public ownership until 1998, when it was privatized. In 1997, all the Italian stocks were merged. Before that year, other smaller stocks exchanges were based in Naples , Turin , Trieste , Venice , Genoa , Florence , Bologna , Rome , and Palermo . In 1991,

1023-424: Was known by the transitional name of Leonardo-Finmeccanica, as part of the restructuring process of the company carried out by CEO Mauro Moretti from the beginning of his mandate in 2014. The company changed its name to Leonardo S.p.A. on 1 January 2017, after the Italian inventor Leonardo da Vinci . Società Finanziaria Meccanica, "Finmeccanica", was established in 1948 as the mechanical engineering subholding of

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1056-725: Was subject to judicial inquiries on several fronts and management changes. According to Finmeccanica emails published in the Syria Files release by WikiLeaks on 5 July 2012, Finmeccanica increased its sale of mobile communications equipment to Syrian authorities during 2011, delivering 500 of these to the Damascus suburb Muadamia in May 2011, after the Syrian uprising had started, and sending engineers to Damascus in February 2012 to provide training in using

1089-542: Was wound up because of its troubled financial situation; and Agusta, Oto Melara, Officine Galileo and Breda passed to Finmeccanica, which became one of the main Italian industrial groups. Finmeccanica, which was previously fully state owned by IRI, became partly privatized in 1993, when it was listed in the Milan Borsa Italiana stock exchange. In 1992 Finmeccanica's Agusta became a 32% partner in NHIndustries ,

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