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Harry Cassin
Publisher and Editor

Andy Spalding
Senior Editor

Jessica Tillipman
Senior Editor

Bill Steinman
Senior Editor

Richard L. Cassin
Editor at Large

Elizabeth K. Spahn
Editor Emeritus

Cody Worthington
Contributing Editor

Julie DiMauro
Contributing Editor

Thomas Fox
Contributing Editor

Marc Alain Bohn
Contributing Editor

Bill Waite
Contributing Editor

Russell A. Stamets
Contributing Editor

Richard Bistrong
Contributing Editor

Eric Carlson
Contributing Editor

Posts Tagged: Finmeccanica

Ex Finmeccanica boss Orsi cleared of India bribery

An Italian court Thursday sentenced the former head of Finmeccanica, Giuseppe Orsi, to two years in prison for false bookkeeping. But he was acquitted of international corruption related to a $712 million deal to sell 12 helicopters to India in 2010.… Continue Reading

India lifts military procurement ban on Rolls Royce, Finmeccanica

India will allow its military to buy from defense contractors that were previously banned because of graft allegations.

“Some purchases from six foreign companies, including Rolls-Royce Holdings Plc (RR/) and two local businesses that earlier faced curbs are now permitted, according to the Vice Chief of the Indian Air Force R.… Continue Reading

More Finmeccanica execs arrested for bribery

Two former managers of Finmeccanica SpA, Italy’s state-controlled defense and industrial group, have been arrested over allegations of international corruption connected to a tracking system for waste-hauling trucks.

Lorenzo Borgogni, Finmeccanica’s former head of external relations, and Stefano Carlini, former operating manager of Selex Service Management, a Finmeccanica subsidiary running the Sistri project, were placed under house arrest on Monday.… Continue Reading

India nixes AgustaWestland helicopter deal over bribery claims

India has terminated a £466 million helicopter order with British-Italian company AgustaWestland International because of allegations the firm bribed officials.

New Delhi said on Wednesday that it had formally terminated a contract for the supply of 12 AW-101 transport helicopters because AugustaWestland had breached a ‘pre-contract integrity pact,’ but it declined to give further details.… Continue Reading

Finmeccanica boss Orsi on trial in Milan

The former chairman and CEO of Italian defense giant Finmeccanica went on trial Wednesday in Italy.

Giuseppe Orsi is charged with fraud and corruption. Prosecutors say he bribed Indian officials to win a 2010 contract to produce a dozen helicopters for use by India’s political leaders.… Continue Reading