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. The state-controlled group sold 18…
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…
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…
(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…
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…
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.…
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…
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…
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…
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%…
(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,…
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…
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…
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…
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…
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…
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…
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,…
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…
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…
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…
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…