SELEX Galileo

SELEX Galileo

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SELEX Galileo

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Description:
<!-- Please do not replace internal links with external ones. And please do not remove useful, encyclopedic information. -->SELEX Galileo is a major defence electronics company that specialises in surveillance, protection, tracking, targeting, navigation and control, and imaging systems. It is owned by the Italian company Finmeccanica.

SELEX was created by the Eurosystems transaction between Finmeccanica and BAE Systems which saw the merger of their avionics businesses. Part of BAE Systems Avionics became SELEX Sensors and Airborne Systems Ltd (SELEX S&AS), while part remained with BAE Systems, becoming part of BAE Systems North America Group.

From January 2008, SELEX S&AS and Galileo Avionica began to operate under a common brand name, SELEX Galileo. In January 2010, the operating companies’ legal names were aligned to the brand, becoming SELEX Galileo Ltd and SELEX Galileo S.p.A. respectively. SELEX Sensors and Airborne Systems (US) Inc became SELEX Galileo Inc.

History

Formation

Eurosystems was to be a group of three joint venture companies pooling the avionics, C4ISR and communications businesses of BAE Systems and Finmeccanica. The proposal was announced in July 2003. The difficulties of integrating the companies in this way lead to a re-evaluation of the proposal, BAE's 2004 Annual Report states that "recognising the complexity of the earlier proposed Eurosystems transaction with Finmeccanica we have moved to a simpler...
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