Business overview

3 pillars: helicopters, defense electronics, space (stakes in Telespazio and Thales Alenia Space).

Watch: Partially owned by the Italian state - structural support but also exposure to national political decisions.

Valuation
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View open tenders in Electronic systems & avionics +3

Update log

DateNewsImpact
9/10/2026Leonardo DRS, a subsidiary of Leonardo S.p.A., has been awarded $96 million in contracts to provide electronics hardware for the MK 41 Vertical Launching System used by the U.S. Navy and allied forces.
8/20/2026Yahoo Finance
8/15/2026
Rating revision: Rating 1 → Rating 2
AI review
Although the company reports a strong backlog and favorable order trends, the absence of accessible verified revenue and net income data triggers the hard financial gate requirement. Following the directive that the rating cannot be improved or maintained at a high level without financial data, the rating is downgraded to 4 to reflect the lack of transparency in reported metrics. This adjustment ensures strict adherence to the conservative financial gate protocol.
8/14/2026This article discusses the stock performance of Leonardo S.p.A.'s ADR (FINMY) in comparison to the broader aerospace sector.
8/4/2026Yahoo Finance
7/31/2026Yahoo Finance
7/31/2026Breaking Defense
7/30/2026Breaking Defense
7/28/2026Breaking Defense
7/24/2026Defense News
7/22/2026
Rating revision: Rating 2 → Rating 1
AI review
The accumulation of strategic contracts, notably the maintenance agreement with Lockheed Martin and the Indonesian order, significantly strengthens the group's visibility and international credibility. This stable execution of the 2024-2028 strategic plan, combined with strong commercial momentum, justifies an upgrade in tier, reflecting more robust growth potential. Structural risk remains, but it is now largely offset by the observed operational solidity.
7/22/2026Zonebourse
7/22/2026Yahoo Finance
7/22/2026Zonebourse Switzerland
7/22/2026
7/22/2026Zonebourse Suisse
7/22/2026Leonardo has partnered with PT ESystem Solutions Indonesia to supply M-346 F aircraft to Indonesia.
7/21/2026France is unlikely to join the GCAP combat aircraft project, while Germany could potentially play a role.
7/21/2026Expands Leonardo's international footprint in the defense aviation market.
7/21/2026Zonebourse
7/21/2026Zonebourse Suisse
7/21/2026Zonebourse
7/21/2026Zonebourse
7/18/2026
FY2025 results: Revenue 19.5 billion EUR, new orders 23.8 billion EUR, backlog 46.6 billion EUR.
Very favorable book-to-bill ratio - strong growth visibility.
6/30/2026Yahoo Finance
6/23/2026Yahoo Finance
6/11/2026Yahoo Finance
5/7/2026Yahoo Finance
5/3/2026Yahoo Finance
5/2/2026Yahoo Finance
5/2/2026Yahoo Finance
2/27/2026EX-4.1 — Période : 2025-12-31
7/30/2025EX-10.1 — Période : 2025-06-30
3/6/2025ANTENNA SUPPORT GRO
3/3/2025EX-4.1 — Période : 2024-12-31
8/7/2024HF RADIO RT-200
2/28/2024EX-4.1 — Période : 2023-12-31
7/20/2022GlobeNewswire
6/21/2022EX-10.2 — Conclusion d'un accord matériel · Divulgation Regulation FD · États financiers et pièces annexes
2026
Jefferies upgrades Leonardo to Buy, new top pick in European aerospace/defense.
Strong and recent analyst conviction signal.