Leonardo sells 6.9% in its U.S. unit DRS at $17.75 per share
ROME (Reuters) – Italy’s defence and aerospace conglomerate Leonardo said on Friday it had sold 6.9% of its U.S. subsidiary DRS at $17.75 per share. …
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Leonardo focuses on European alliances as it trims DRS stake in US
By Giulia Segreti and Alvise Armellini ROME (Reuters) – Italy’s Leonardo is trimming its stake in U.S. unit DRS as new CEO Roberto Cingolani looks …
Italy’s Leonardo to offer 6.3% stake in US subsidiary in share sale
(Reuters) – Italy’s state-controlled defence and aerospace group Leonardo on Wednesday said it would sell a 6.3% minority stake in its U.S. subsidiary Leonardo DRS …
Experts Conduct Necropsy on Minke Whale Found Dead at Leonardo State Marina
MIDDLETOWN, NJ – On October 19, the Marine Mammal Stranding Center (MMSC) spearheaded a collaborative effort to extricate a deceased Minke whale from Leonardo State …
Leonardo, Siemens sign deal to create cybersecurity platform
ROME (Reuters) – Leonardo and Siemens on Thursday said they signed a memorandum of understanding to offer cybersecurity solutions for infrastructure in the energy, oil …
Italy’s Leonardo set to benefit from higher defence spending
ROME (Reuters) – Italy’s Leonardo said on Friday it was set to benefit from higher defence spending following the Russian invasion of Ukraine and that …
Leonardo agrees early retirement, new hirings deal with Italian unions
ROME (Reuters) – Defence and aerospace group Leonardo said on Wednesday it had struck a deal with Italian trade unions for the early retirement of …
Leonardo, Iveco win Brazil order worth up to 2 billion euros, Italy’s defence minister says
MILAN (Reuters) -A consortium of defence group Leonardo and commercial vehicle maker Iveco has won an order to supply Brazil’s army with 220 armoured vehicles …
Italy’s Leonardo raises FY orders guidance after strong nine months
ROME (Reuters) -Italy’s state-controlled defence group Leonardo on Thursday raised its full-year guidance after reporting a sizeable jump in orders during January-September. In that period, …
Leonardo Dicaprio-backed fintech Aspiration names new Chief Executive Officer
(Reuters) – Fintech startup Aspiration, backed by Hollywood celebrities Robert Downey Jr and Leonardo DiCaprio, on Thursday announced the appointment of Olivia Albrecht as its …
Italian eyewear billionaire Leonardo Del Vecchio dies at 87
By Claudia Cristoferi and Giulia Segreti MILAN -Italy’s Leonardo Del Vecchio, who rose from childhood poverty to build the eyewear empire that owns brands such …
Leonardo set to benefit from Polish military helicopter order
MILAN – Poland plans to buy several AW149 military helicopters, which are built by the Italian company Leonardo, the Polish defence ministry wrote on Twitter. …
Leonardo shareholders reject liability action against CEO
By Giulia Segreti ROME -Shareholders in Italy’s Leonardo on Tuesday rejected a proposal by activist investor Bluebell Partners to start a liability action against the …
Italy’s Leonardo sees Ukraine crisis accelerating EU defence project
By Francesca Landini MILAN – Italian aerospace and defence group Leonardo believes Russia’s invasion of Ukraine will accelerate plans to create European common defence capabilities …
Leonardo sees EU defence spending boosting cash flow, pays dividend
MILAN – Italian aerospace and defence group Leonardo expects free cash flow to more than double this year compared with 2021 as governments around the …
Leonardo to take into account EU defence plans when weighing units sale – unions
MILAN – Italy’s Leonardo will take into account the effort of European governments to build common military capabilities, when assessing options to sell two of …
Leonardo, Avio Aero, Lockheed sign 380 million euro contract with Italy’s air force
MILAN – Italy’s Defence Ministry has given its green light to a 380 million euro ($425.94 million) contract with a consortium of companies including Italian …
Italy’s Leonardo suspends search for automation division partner
ROME – Leonardo said on Tuesday it had suspended its search for a partner for the Italian defence group’s automation arm, as no offer had …
Leonardo and Vertical Aerospace team up on electric aircraft fuselage
MILAN – Italy’s Leonardo and UK-based Vertical Aerospace will work together to develop the fuselage for Vertical’s VX4 electric aircraft, they said on Tuesday. The …