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Leonardo boosted by 2021 aircraft order increase, notes ‘limited exposure’ to Russia

11th March 2022 - 17:55 GMT | by Tim Martin in Belfast

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Leonardo received an order from Austria for a fleet of AW169M helicopters in 2021. (Photo: Leonardo)

Leonardo's industrial recovery looks to be in good health, following production complications linked to COVID-19 issues.

Following the release of Leonardo’s FY2021 results, the manufacturer said that it has now reached pre-pandemic levels of production across all divisions with the exception of Aerostructures and saw overall orders climb to €14.3 billion ($15.62 billion) – up 4% against 2021 figures.

Of all divisions, Leonardo’s Aircraft segment saw the largest increase in orders, up more than 31% year on year, based mainly on export contracts for M-346 trainers, the F-35 and Eurofighter Typhoon logistics support.  

New helicopter orders fell 2.8% against 2020, amounting to €4.3 billion, but helped by securing an agreement with the Austrian MoD for 18

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Tim Martin

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Tim Martin


Tim Martin is Air Editor for Shephard Media, based in Belfast. 

Tim has experience writing …

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