Leonardo Surpasses Financial Goals, Boosted by Defense Spending
Update: 2025-11-05
Description
Leonardo, the Italian aerospace and defense giant, is poised for a successful year, surpassing its financial goals, thanks to a strong performance in the first nine months of 2025. The company's growth is driven by a major support and training contract for the Kuwaiti air force's Eurofighter program, increased revenues in its electronics and helicopter divisions, and strategic moves in the space industry. Leonardo's success is also boosted by increased European defense spending and new partnerships, such as collaborations with Germany's Rheinmetall and Baykar for drone technologies.
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