Leonardo banks on space, cybersecurity, AI for double-digit growth

Published on March 12, 2024



ROME — Italy’s Leonardo has promised double-digit order and revenue growth by 2028 with a new five-year plan emphasizing investments in space, cybersecurity and artificial intelligence, as well as corporate streamlining.

The state-controlled defense giant predicted that by 2028 its new annual order tally will rise by 16.5% to €22.6 billion ($24.7 billion) from this year’s expected €19.4 billion, while revenue will soar 27% to reach €21.3 billion.

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