Leonardo-Finmeccanica’s Group Services Provider to Operate as Leonardo Global Solutions

Leonardo-Finmeccanica’s group services provider has changed its name to Leonardo Global Solutions following the approval Tuesday of the proposed name change in the updated articles of association during a shareholders’ meeting.

Leonardo-Finmeccanica said Wednesday the decision to rename Finmeccanica Global Services to LGS comes a month after shareholders cleared a proposal to rebrand Finmeccanica as Leonardo.

LGS will work to help Leonardo-Finmeccanica manage more than 12,000 suppliers as well as provide and procure services valued at approximately $1.3 billion.

Leonardo-Finmeccanica is set to transition to the Leonardo name by Jan. 1.