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. The state-controlled group sold 18 …
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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 to expand the state-controlled group …
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(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 on the market. The 16.5 …
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MIDDLETOWN, NJ – On October 19, the Marine Mammal Stranding Center (MMSC) spearheaded a collaborative effort to extricate a deceased Minke whale from Leonardo State Marina’s bulkhead. Assisted by the …
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ROME (Reuters) – Leonardo and Siemens on Thursday said they signed a memorandum of understanding to offer cybersecurity solutions for infrastructure in the energy, oil and gas and industrial sectors. …
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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 orders for the current year …
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ROME (Reuters) – Defence and aerospace group Leonardo said on Wednesday it had struck a deal with Italian trade unions for the early retirement of 400 of its staff during …
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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 worth up to 2 billion …
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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, new orders rose by 26.8% …
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(Reuters) – Fintech startup Aspiration, backed by Hollywood celebrities Robert Downey Jr and Leonardo DiCaprio, on Thursday announced the appointment of Olivia Albrecht as its new Chief Executive Officer. Albrecht, …
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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 as Ray-Ban and Oakley, has …
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MILAN – Poland plans to buy several AW149 military helicopters, which are built by the Italian company Leonardo, the Polish defence ministry wrote on Twitter. In a note, Banca Akros …
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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 defence group’s chief executive Alessandro …
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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 and expects to see higher …
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MILAN – Italian aerospace and defence group Leonardo expects free cash flow to more than double this year compared with 2021 as governments around the world step up military spending …
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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 its defence units, unions said …
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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 aerospace and defence group Leonardo, …
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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 been made that could ensure …
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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 two groups will design, test …
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MILAN – Defence and aerospace group Leonardo said on Wednesday it had not taken a formal decision about a sale of a business line at its DRS division. Bloomberg reported …
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MILAN – Italian defence group Leonardo is not the subject of a judicial investigation into the Kuwait Eurofighter programme, the company said on Tuesday, adding that its deal to supply …
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MILAN – Italian aerospace group Leonardo said on Tuesday it had reached an agreement with unions to furlough employees at its Aerostructures division to compensate for a fall in orders …
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By Angelo Amante, Francesca Landini and Elisa Anzolin ROME – KMW+Nexter Defence Systems (KNDS) is close to making a 650 million euro ($736 million) binding bid for Leonardo’s OTO Melara …
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ROME – Italian lawmakers from the co-ruling 5-Star Movement on Monday urged state-controlled defence group Leonardo to avoid selling two units to Franco-German consortium KMW+Nexter Defence Systems (KNDS). KNDS is …