Leonardo S.p.A.
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- Leonardo S.p.A. (FINMY) is an Italian multinational aerospace, defence and security company that designs, develops and manufactures advanced technology solutions including helicopters such as those produced by Leonardo Helicopters and PZL Świdnik; regional turboprop aircraft through its 50% stake in ATR; aerostructures, airborne and space systems; defence electronics and sensors via subsidiaries like Leonardo DRS (71.37% owned) and Hensoldt (22.8% stake); missiles and missile systems through 25%-owned MBDA; unmanned aerial systems via 50%-owned LBA Systems; land defence vehicles through 50%-owned LRMV; satellite services and production through 67%-owned Telespazio and 33%-owned Thales Alenia Space; and cyber security, integrated logistics, space propulsion via 19%-owned Avio, and electronic warfare systems via 31.33%-owned Elettronica. Headquartered in Rome and founded in 1948 as Finmeccanica before rebranding to Leonardo S.p.A. in 2017, the company operates 129 sites worldwide across approximately 150 countries, serving governments, defence agencies and enterprises with 2024 revenues of €17.8 billion, orders of €20.9 billion and an order backlog of €44.2 billion supported by €2.5 billion in R&D investment and 60,468 employees. Recent developments include a November 2025 milestone with EDGE Group toward launching a 51/49 joint venture in Abu Dhabi in 2026 focused on sensors, system integration and platforms for UAE and select export markets; a June 2025 strategic partnership and €20 million share issue with SSH Communications Security; an October 2025 memorandum of understanding with Airbus and Thales; acquisition of Axiomatics to bolster cybersecurity expansion; strong nine-month 2025 results with €18.2 billion in new orders (up 23.4%); and upgraded full-year guidance amid robust European defence spending growth.
Leonardo, EDGE joint venture targets over €4 billion in orders in five years
Italy gives conditional approval to Leonardo-Baykar drones joint venture
Italy's Leonardo wins order for 15 helicopters from Avincis
Germany would be strong partner for GCAP fighter project, Leonardo CEO says
Former CIA chief Petraeus says drone swarms are the next danger — and growth opportunity
Italy's Leonardo outgoing CEO leaves new boss to revise guidance after strong results
Leonardo Posts Strong Growth in Orders, Revenue as Europe Rearms
U.S. Air Force To Fly B-1B Lancer And B-2 Spirit Well Into Late 2030s
Leonardo: This European Defense Giant Is Quietly Fixing Its Biggest Weakness
Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Given Consensus Recommendation of “Moderate Buy” by Brokerages
Italy proposes Mariani as Leonardo CEO, confirms Eni's Descalzi
Italy close to appointing Mariani as Leonardo CEO, ousting Cingolani, sources say
Leonardo Shares Drop 8.5% As Italy Plans CEO Replacement
Italy likely to replace CEO of defence group Leonardo, sources say
Leonardo S.p.a. (FINMY) Discusses New Industrial Plan and Strategic Vision for Growth and Innovation Transcript
These charts show the size of Europe's defense boom, as companies take stock of the Iran war
Contrasting Leonardo (OTCMKTS:FINMY) & Gogoro (NASDAQ:GGR)
Leonardo S.P.A. – Unsponsored ADR (OTCMKTS:FINMY) Given Average Recommendation of “Hold” by Brokerages
More money for defense spending likely will mean more political interference and bad news for margins, WSJ's @jmackin2 writes
Leonardo S.p.a. (FINMY) Q4 2025 Earnings Call Transcript