Leonardo, Italy’s leading defense group, is positioning itself to become a key player in the expansion of the European defense sector, as stated by its Chief Executive Roberto Cingolani. With rising defense spending in EU countries post the Russian invasion of Ukraine, Leonardo aims to capitalize on this trend by focusing on technological advancements, particularly in space and cybersecurity domains, over the next five years. The company’s industrial plan emphasizes strengthening its core businesses, investing in digitalization and artificial intelligence, and leveraging opportunities in cybersecurity and space exploration, reflecting its proactive approach to aligning with the evolving global security paradigm.
Cingolani’s strategic vision includes fostering alliances with other defense groups in Europe, as the sector anticipates a wave of mergers. Leonardo aims to enhance its growth trajectory through potential mergers and acquisitions, further solidifying its position in the defense market. The company forecasts substantial revenue growth and profitability over the 2024-2028 period, driven by investments in digitalization, product rationalization, and operational efficiencies, reflecting its commitment to delivering value to shareholders while playing a pivotal role in Europe’s defense strategy.
