INDIAN ARMED FORCES CHIEFS ON
OUR RELENTLESS AND FOCUSED PUBLISHING EFFORTS

 
SP Guide Publications puts forth a well compiled articulation of issues, pursuits and accomplishments of the Indian Army, over the years

— General Manoj Pande, Indian Army Chief

 
 
I am confident that SP Guide Publications would continue to inform, inspire and influence.

— Admiral R. Hari Kumar, Indian Navy Chief

My compliments to SP Guide Publications for informative and credible reportage on contemporary aerospace issues over the past six decades.

— Air Chief Marshal V.R. Chaudhari, Indian Air Force Chief

       

 

Finmeccanica takes € 3.2 billion charges, posts € 2.3 billion loss for 2011

Issue No. 7-8 | April 01-30, 2012

Chairman and CEO of Finmeccanica Giuseppe Orsi said: “2011 was an extraordinarily difficult year during which we carried out a comprehensive but necessary review of the Group’s industrial strategy and business and technological approach. Inevitably the balance sheet we are presenting reflects this and represents the first important step to setting Finmeccanica on a new trajectory. 2012 will be characterised by an improvement in our key balance sheet indicators and will be a year of calibrated transition towards a new Finmeccanica.”

The new orders totalled € 17.434 billion and the order backlog was € 46 billion. The net loss of € 2.3 billion was due to ‘exceptional events’ and non-recurring charges of € 3.18 billion.