Italy's Leonardo plans a 5-year, €105bn investment in digitalisation, AI, and interconnected platforms, with a focus on security.

Italy's Leonardo plans a 5-year investment in digitalisation, AI, and interconnected platforms, focusing on security activities. The state-controlled conglomerate aims to play a proactive role in European defence sector evolution, targeting cumulative orders of €105bn ($114.77bn) by 2028, with an annual growth of 4%. Shares rose as much as 6.8% on the announcement, amidst a buoyant market for defence stocks.