(8 Mar) – Finmeccanica continues to invest outside Italy. The Italian giant announced this morning an agreement for new projects for a total value of about 173 million euros through its companies DRS Technologies, Ansaldo Energia, Ansaldo STS and SELEX Galileo. DRS Technologies has been awarded a 68.7 million dollars contract Tank Rack Modules (TRM ) for the U.S. Army’s Modular Fuel System (MFS). In addition to this order, the company has received a 31.9 million dollars award from the U.S. Army for program support, field service and logistics related to the DRS Mast Mounted Sight (MMS) on the OH-58D Kiowa Warrior helicopter. Ansaldo Energia, which is jointly controlled by Finmeccanica and First Reserve Corporation, has won a maintenance contract in Spain worth around EUR 42 million for the Escatron and Algeciras combined-cycle thermoelectric plants of E.ON Generacion, the Spanish company owned by E.ON, one of the world’s biggest private energy groups. The maintenance contract for the two plants will run for nine years, and includes the supply of strategic spare parts and innovative technological solutions. In Italy, Ansaldo Energia has won a contract for the supply of three steam turbines, and Ansaldo STS has been awarded by POSCO E&C a contract worth 27.5 million dollars, and SELEX Galileo has recently been awarded contracts worth approximately 15 million euros for support and service solution activities in the export marketplace.(Ram/Peg)
