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Roma, Italy

Finmeccanica S.p.A. is the leading industrial group in the high-technology sector in Italy and one of the main global players in aerospace, defence and security. It operates in seven sectors: aeronautics, helicopters, space, electronics, defence systems, transportation and construction. The company has offices in over 100 countries. It is partially owned by the Italian government, which holds about 30% of Finmeccanica's shares. Wikipedia.

Nobile F.,Ecole Polytechnique Federale de Lausanne | Pozzoli M.,Finmeccanica | Vergara C.,University of Bergamo
Journal of Computational Physics | Year: 2014

In this paper we consider the numerical solution of the three-dimensional fluid-structure interaction problem in haemodynamics, in the case of real geometries, physiological data and finite elasticity vessel deformations. We study some new inexact schemes, obtained from semi-implicit approximations, which treat exactly the physical interface conditions while performing just one or few iterations for the management of the interface position and of the fluid and structure non-linearities. We show that such schemes allow to improve the efficiency while preserving the accuracy of the related exact (implicit) scheme. To do this we consider both a simple analytical test case and two real cases of clinical interest in haemodynamics. We also provide an error analysis for a simple differential model problem when a BDF method is considered for the time discretization and only few Newton iterations are performed at each temporal instant. © 2014 Elsevier Inc.

Falsini D.,University of Rome Tor Vergata | Fondi F.,Finmeccanica | Schiraldi M.M.,University of Rome Tor Vergata
International Journal of Production Research | Year: 2012

Saaty's AHP is helpful in evaluating alternatives thanks to its effective procedure to determine the relative weights of several comparison criteria. Combining the results of expert interviews, AHP can be very useful for a company in choosing a third party logistics service provider (3PL). However, in the traditional AHP procedure, several results may be rejected when the consistency ratio (CR) of the respondent exceeds a certain threshold. As a consequence, AHP interviews may be repeated several times with a consequent waste of time. In many industrial domains, a faster way to choose a supplier would thus be appreciated. In this paper we propose a mathematical method that combines AHP, DEA and linear programming in order to support the multi-criteria evaluation of third party logistics service providers. The proposed model aims to overcome the limitation of the AHP method, merging experts indications with objective judgments which originate from historical data analysis. Suppliers' past performance is thus used to correct eventual errors resulting from the acceptance of interviews where the consistency ratio is high. The proposed model has been validated on the real case of an international logistics service provider. © 2012 Copyright Taylor and Francis Group, LLC.

Finmeccanica | Date: 2011-03-04

A system for surveillance of a delimited area within which people move, wherein at least one hollow optical fibre is configured for extending through the area and is provided throughout its length with a plurality of holes that set an internal channel of the fibre in communication with the outside of the fibre itself. There is provided an optical source configured for supplying the optical signal to one end of the hollow optical fibre and a sensor designed to detect at one end of the hollow optical fibre the optical signal transmitted throughout the length of the fibre itself. A processing unit is configured for examining the spectrum of the optical signal detected by the sensors in order to detect the presence of toxic agents present in the area and drawn into said channel.

News Article | April 20, 2015
Site: www.businesswire.com

LIMERICK, Ireland--(BUSINESS WIRE)--Waypoint Leasing (“Waypoint”), the largest independent global helicopter leasing company, today announced that it has acquired and placed on lease over 100 aircraft, less than 24 months since launch. Additionally, Waypoint raised a further $185 million in the first quarter of 2015 through the execution of three debt facilities, including the company’s first unsecured facility. The company will use the proceeds to support its customers through the provision of further liquidity into the global helicopter market. Waypoint’s fleet, which ranges from light single engine to heavy twin engine helicopters delivered from Finmeccanica - AgustaWestland, Airbus Helicopters, Bell Helicopter and Sikorsky Aircraft Corporation, now includes over 100 aircraft on lease with 13 customers operating in 22 countries around the world, with total assets in excess of $1.2 billion. Additionally, Waypoint has firm and option orders with aircraft manufacturers for more than 95 helicopters valued at more than $1.4 billion, to be delivered over the next five years. Ed Washecka, CEO of Waypoint, said, “We appreciate the tremendous support of our customers and financial and operating partners who are key to the success of our business. We differentiate our business by leveraging our deep helicopter operating and leasing experience across our global platform, enabling us to be responsive and flexible for our customers. Through a combination of our acquired portfolio and our order book, we are extremely well positioned to continue to meet customer demand for helicopter services and financing solutions in the years ahead”. Alan Jenkins, CFO of Waypoint, added, “We continue to execute on our financing strategy through the closing of three facilities in the first quarter of 2015, including our first unsecured revolving credit facility, providing us with further liquidity and flexibility. As we have successfully scaled the business, our cost of capital has continued to decrease, a benefit we continue to bring to the industry. We are proud that our success in the market has allowed us to attract some of the world’s most renowned financial institutions to act as lead arrangers for our debt financing transactions.” This financing brings Waypoint’s total debt commitments to more than $1.2 billion, and together with its previously announced equity commitments, its total financing to $1.7 billion to support helicopter lease transactions for its diverse customer base. Waypoint Leasing is a global helicopter leasing company that provides operating lease and financing solutions to helicopter operators worldwide. Headquartered in Limerick, Ireland, Waypoint Leasing differentiates itself with a senior management team that has direct helicopter operating and leasing experience in key helicopter markets around the world, having leased helicopters across Africa, Asia, Australia, Europe and North and South America. Waypoint Leasing serves a wide range of sectors including oil and gas, emergency medical service, search and rescue, firefighting and governmental support. Further information is available at www.waypointleasing.com.

The Proton rocket, that will launch the ExoMars 2016 spacecraft to Mars, is lifted on the launchpad at the Baikonur cosmodrome, Kazakhstan, in this handout photo released by European Space Agency (ESA) on March 11, 2016. REUTERS/Stephane Corvaja/ESA/Handout via Reuters More BERLIN (Reuters) - A spacecraft is due to set off for Mars next week on a mission that scientists hope will help answer one of the most burning questions of spacefaring times: Is there life on other planets? The craft, part of the European-Russian ExoMars program, is to lift off from the Baikonur spaceport in Kazakhstan on board a Proton rocket at 5:31 A.M. EDT (0931 GMT) on Monday, starting a seven-month journey through space. It will carry an atmospheric probe that will study trace gases, such as methane, around Mars as well as a lander that will test technologies needed for a rover due to follow in 2018. U.S. space agency NASA's Mars rover Curiosity in late 2014 found spurts of methane gas in the planet's atmosphere, a chemical that on Earth is strongly tied to life. Scientists believe the methane could stem from micro-organisms, called methanogenes, that either became extinct millions of years ago and left gas frozen below the planet's surface, or that some methane-producing organisms still survive. "Proving that life exists or has existed on Mars would show that Earth is not unique in terms of having life on it," Rolf de Groot, head of the European Space Agency's (ESA) Robotic Exploration Coordination Office, told Reuters. "That would make it much more likely that there are other places in the universe that also have life," he added. Another explanation for the methane in Mars's atmosphere could be that it is produced by geological phenomena, like the oxidation of iron. The second part of the ExoMars mission in 2018 will deliver a European rover to the surface of Mars. It will be the first with the ability to both move across the planet's surface and drill into the ground to collect and analyze samples. "The radiation from space destroys all the biological material. If you go two meters into the ground you may be able to find places that were protected (from radiation)," de Groot said. Landing on Mars is a notoriously difficult task that has bedevilled nearly all of Russia's previous efforts and has given NASA trouble as well. The United States currently has two operational rovers on Mars, Curiosity and Opportunity. The ExoMars 2016 mission is led by ESA, with Russia's Roscosmos supplying the launcher and two of the four scientific instruments on the trace gas orbiter. The prime contractor is Thales Alenia Space, a joint venture between Thales and Finmeccanica. The cost of the ExoMars mission to ESA, including the second part due in 2018, is expected to be about 1.3 billion euros ($1.4 billion). Russia's contribution comes on top of that. In 2018, NASA also plans to launch a Mars spacecraft, a satellite known as InSight and designed to study the deep interior of Mars, the U.S. agency said this week.

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