Finmeccanica S.p.A. operates in the aerospace, defense electronics, and security sectors worldwide with a focus on Europe and North America. It primarily manufactures tactical airlifters, combat aircraft, and unmanned air vehicles for both civil and military applications, and produces training aircraft with related support services. The company also involves in the aircraft modifications and overhaul on behalf of the manufacturers. In addition, Finmeccanica designs and develops helicopters and tiltrotors for civil and military use, as well as missile systems, torpedoes, naval artillery, and armored vehicles for the army. It also engages in the power generation using fuel cells to serve governments, independent power producers, and industrial users, as well as offers single or combined cycle, atomic energy and services. Additionally, the company involves in satellite construction for civil and military use and satellite services management, as well as holds investments in companies operating in rail systems. It has two joint ventures with Alcatel S.A. one operating in the design, development, and production of space and satellite systems, and the other operating in the sector of services for satellite solutions; and a joint venture with BAE Systems plc and EADS N.V. for missile systems. The company was founded in 1948 and is headquartered in Rome, Italy.