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Italy’s Leonardo rides high on soaring global defense spending

The firm’s Michelangelo Dome, a multi-layered air defense system, is projected to yield €21 billion in new business in the next ten years, the CEO said.

ROME — Leonardo will see annual orders of €32 billion ($37 billion) a year by 2030, up from €23.8 billion last year, the firm said on Thursday as it announced a bullish new industrial plan reflecting soaring global defense spending.
The Italian state… [1412 chars]

Source: DefenseNews.com | Published: 2026-03-12T16:40:42Z

Credit: DefenseNews.com

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