Leonardo CEO urges “speed as important as money” as joint ventures progress picks up
The Lynx KF41 can be configured for various roles including IFV, C2 and armoured reconnaissance. (Photo: Rheinmetall)
Leonardo’s Q1 2025 results showed a strong start to the year, with progress being made on two of its joint ventures, and a boost in 20% on new orders compared to March 2024.
The results, presented just over a month and a half after its full year financial results, demonstrated growth spread across all business divisions with the aerostructures seeing a boost, Leonardo CEO Roberto Cingolani disclosed.
Of note were the increase in international export orders, which Cingolani said showed the company was “capturing real international opportunities”, with a 5% increase in orders from the rest of the world from 62%
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
-
Estonia boosting defence industry with lessons from Ukraine, says country’s economic minister
Estonia is looking to boost its local defence industry with directed funding, industry parks, support through international orders for equipment and rapid prototyping.
-
UK faces cost of balancing defensive capabilities abroad as Iran conflict widens
The UK has recently deployed a Type 45 destroyer to Cyprus and has bolstered its presence in the Middle East in recent weeks with supporting air power to protect neighbouring countries’ air defences.
-
White House calls on Pentagon contractors to “rapidly and aggressively” boost weapon production
Intended to sustain Operation Epic Fury against Iran, efforts to increase the production of weapons and ammunition could expose long-standing weaknesses in the US defence industrial base.
-
India’s strategic defence footprint expansion could be accelerated by Iran-Israel conflict
The latest escalation between Iran and Israel could shape New Delhi’s next-generation shield as India deepens cooperation with Israel on missile defence and drone production.
-
Is the US magazine of air defence interceptors deep enough to sustain a long campaign against Iran?
The Pentagon spent a considerable number of THAAD and SM-3 rounds to defend against Iranian missiles in 2025 and has not fully replenished its reserves.