Leonardo projects €30 billion in revenue by 2029
Italy and Spain are two European countries who recently placed further orders for the Eurofighter Typhoon, an industrial and multinational consortium which Leonardo is a part of. (Photo: Leonardo)
The forecast came as the Italian firm presented its new 2025–29 industrial plan to analysts, with its future figures bolstered by the European increase in defence spending.
Leonardo is aiming to reach €30 billion (US$32.5 billion) revenue by 2029, boosted by increased European defence spending and industry growth. The forecast was announced as part of its FY2024 results and 2025–29 industrial update on 11 March.
In 2024 Leonardo saw growth in each of its business sectors and achieved €17.8 billion ($19.8 billion) in revenue. This latest forecast from $19.8 billion to $32.5 billion would see an increase of almost 60%.
In 2025, it will focus further on strengthening its ‘core’ business sectors, driven by the growth of orders in defence and security, helicopter and aircraft platform such
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