Since 01 January 2016, former 100% Finmeccania subsidiaries Agusta Westland, Alenia Aermacchi, Selex ES, Oto Melara and Wass, have merged into one single company operating with seven divisions under the Finmeccania name.An agreement signed with the unions on 02 February now gives workers from the former subsidiaries a single collective framework and as a result the industrial relations systems have been adapted to suit the new division based organization structure. The new agreement caters for working time, training and social policies. Finmeccania is Italy’s leading aerospace and defense industrial group and employs more than 28,000.
Finmeccania’s new structure hinges round four sectors: Helicopters, Aeronautics, Electronics, Defence & Security systems, and Space, and seven divisions: Helicopters, Aircraft, Aero-Structures, Airborne & Spaces Systems, Land & Naval Defence Electronics, Defence Systems, Security & Information Systems, whilst the former structure comprised a holding company with separately controlled businesses. The agreement signed on 02 February between Finmeccania and the unions puts a new system of industri
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