McDermott International Inc. said its Babcock & Wilcox unit completed the sale of its Bailey Controls Operations to Finmeccanica S.p. A. for $295 million. Finmeccanica is an Italian state-owned holding company with interests in the mechanical engineering industry. Bailey Controls, based in Wickliffe, Ohio, makes computerized industrial controls systems. It employs 2,700 people and has annual revenue of about $370 million. TEXT McDermott International Inc. said its Babcock & Wilcox unit completed the sale of its Bailey Controls Operations to Finmeccanica S.p . A. for $ 295 million . Finmeccanica is an Italian state-owned holding company with interests in the mechanical engineering industry . Bailey Controls , based in Wickliffe , Ohio , makes computerized industrial controls systems . It employs 2,700 people and has annual revenue of about $ 370 million . 2~4~6 10 10~12~14~16~18 22~24~26~28~30~32~34~36~38~40~42~44 28 28~30~32~34 38~40~42~44 48~50~52 57 61~63~65~67~69 73~75~77~79~81~83 77~79~81~83 88~90 98~100~102 108~110~112~114 119 123~125 131~133~135~137~139~141~143 139~141~143 McDermott International Inc.|337,338 Babcock & Wilcox unit|339,341 the sale of its Bailey Controls Operations to Finmeccanica S.p. A.|340 Bailey Controls Operations|342,349,352 Finmeccanica S.p. A.|343,345 $295 million|344 an Italian state-owned holding company|346 interests in the mechanical engineering industry|347 the mechanical engineering industry|348 Wickliffe, Ohio|350 computerized industrial controls systems|351 2,700 people|353 annual revenue of about $370 million|354 $370 million|355 337|NUC:DIST:2~4~6 338|NUC:DIST:10 339|MOD:DIST:10|MOD:DIST:12~14~16|NUC:DIST:18 340|MOD:DIST:22|NUC:DIST:24|MOD:DIST:26~28~30~32~34|MOD:DIST:36~38~40~42~44 341|NUC:DIST:28 342|MOD:DIST:28|NUC:DIST:30~32~34 343|NUC:DIST:38~40~42~44 344|NUC:DIST:48~50~52 345|NUC:DIST:57 346|MOD:DIST:61|MOD:DESC:63|MOD:DESC:65|MOD:DESC:67|NUC:DESC:69 347|NUC:DIST:73|MOD:DIST:75~77~79~81~83 348|MOD:DIST:77|MOD:DESC:79~81|NUC:DIST:83 349|NUC:DIST:88~90 350|NUC:DIST:98|MOD:DIST:102 351|MOD:DESC:108|MOD:DIST:110~112|NUC:DIST:114 352|NUC:DIST:119 353|MOD:DESC:123|NUC:DIST:125 354|MOD:DESC:131|NUC:DIST:133|MOD:DESC:135~137~139~141~143 355|NUC:DIST:139~141~143