Leonardo reports 31% surge in new orders in Q1 as CEO departs
The defense boss highlighted that revenues reached €4.5 billion in the first three months of the year — a 7 percent increase over 2025 — with a total backlog reaching €57 billion.
The defense boss highlighted that revenues reached €4.5 billion in the first three months of the year — a 7 percent increase over 2025 — with a total backlog reaching €57 billion.
In 2025, Kyiv rose to become the 4th largest importer of Italian military equipment, up from outside the top 10 the year prior, with exports reaching €349 million ($409 million).
NHIndustries will provide “multiple evolution options” to NATO and nations involved in the Block 2 study, aligned to “respective operational requirements,” said the manufacturer.
The plan to oust Roberto Cingolani came only three weeks after the official presented his ambitious 2026-2030 industrial plan in Rome.
Havelsan, VN maritime and Piloda Defence "are targeting the signing of the first purchase order in the first half of 2026."
The new funding invests in "key design and engineering activities and enables the trilateral partnership to build momentum and accelerate pace of delivery."
Leonardo said “available cash resources” will finance the acquisition, which is also planned to leverage “the complementary nature of the two companies’ sales networks."
Ukraine, Poland and the United Kingdom were the three biggest European weapon system importers between 2021 and 2025, said SIPRI.
The firm, a joint venture between Germany's Krauss-Maffei Wegmann and France's Nexter, amassed an order intake of €11.2 billion ($13.1 billion) in 2024.
Rome will get five Rheinmetall Lynx KF-41 vehicles with Lance turrets, followed by 16 "newly configured vehicles equipped with the same chassis and Leonardo's Hitfist 30mm turret."
Robbin Laird visited Italy's International Flight Training School in Sardinia at Decimomannu Airbase to see how it approaches training aviators for modern combat.
Despite the current drama in the rival FCAS program, Leonardo UK's Andrew Howard said he expects FCAS to deliver a "very good capability."
Once modified, the new aircraft will see the Italian Air Force provided with “an airborne jamming ability with range, altitude and endurance to disrupt enemy command and control communications, radars and navigation systems from an extended distance,” L3Harris said.
An artist rendering of the demonstrator, set to fly for the first time in 2027, showcases a design complete with a single cockpit, twin engine, canted twin tail and delta wing blueprint.