by Joe Katzman | Mar 28, 2012 | ABM, Corporate Financials, Daily Rapid Fire, Design Innovations, Finmeccanica, France, Fuel & Power, Germany, Helicopters & Rotary, Israel, Middle East - Other, Policy - Procurement, RAFAEL, Raytheon, Robots, Tanks & Mechanized, USA
* Finmeccanica declared [PDF] a EUR 2.3 billion loss for 2011 (slightly more than $3B) on EUR 17.3B of revenue (-7% vs. 2010) because of high nonrecurring charges. Sales declined 22% to EUR 17.4B. Total backlog dropped 5% to 46 billion euros but from the...
