Ansaldo STS USA (ASTS USA) has penned a $13 million (USD) subcontract agreement with Wellington Power Corporation of Pittsburgh, PA, for the Port Authority of Allegheny County’s (PAAC) North Shore Connector project to extend the light rail system 1.2 miles.

Ansaldo STS (STS.MI), through its subsidiary Ansaldo STS USA, has received a contract from the Long Island Railroad (LIRR) for the LIRR Harold and Point CIL’s (Central Instrument Location) Interlocking project. The contract value is 25.8 million USD.

Finmeccanica was recognized as #1 amongst its peers in HS Today Magazine’s “The Rising 10 of 2009.” This list recognizes some of the fastest-growing companies in the Homeland Security sector that offer numerous solutions to this increasing market. The acquisition of DRS Technologies, Inc. was specifically highlighted as a major accomplishment for Finmeccanica within this market. HSToday noted that Finmeccanica is “moving into US homeland security and defense market in a big way.” The full article can be viewed at the following link: http://ipaperus.ipaperus.com/HomelandSecurityToday/April2009/?Page=47

Finmeccanica once again posts improved results. Revenues grew 12% in 2008 (organic growth: 8%), from EUR 13,429 million in 2007 to EUR 15,037 million.