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Italian defense firm Leonardo targets €24 billion by 2029 through international alliances and tech focus.
Italian defense firm Leonardo plans to boost growth through international alliances, aiming for a 7% annual revenue increase to reach €24 billion by 2029.
The strategy focuses on cybersecurity, space technology, and AI, with alliances against US and Chinese competitors.
Leonardo saw a 67% rise in net profit to €1.16 billion in 2024 and a 16.2% increase in revenues to €17.9 billion.
The company's shares have risen 47% in the past month.
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La firma de defensa italiana Leonardo tiene un objetivo de 24 mil millones de euros para 2029 a través de alianzas internacionales y enfoque tecnológico.