Italy’s Leonardo has announced an impressive 12.2% surge in EBITA for the first quarter, fueled by soaring demand in its aerospace and defense sectors. This remarkable growth highlights the company’s resilience in navigating market challenges, showcasing a strong operational performance that sets it apart.
Deutsche Bank is set to assist Italy’s defense giant Leonardo in ongoing negotiations with Airbus and Thales. The anticipated talks, which could reshape partnerships in the aerospace sector, highlight Leonardo’s ambitions for growth in a competitive market.
Turkey’s Baykar has joined forces with Italy’s Leonardo to collaborate on advanced drone technology. This partnership seeks to enhance defense capabilities and innovation in unmanned aerial systems, marking a significant step in international aerospace relations.
