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#12Largest Defence Co · 2026

Leonardo S.p.A.

Italy's aerospace and helicopter prime, now a full GCAP partner.

Defence Revenue
$13B
HQ
Italy
Founded
1948
Employees
~52,000
Listing
BIT: LDO

Overview

Leonardo sits at roughly USD 18 billion in total revenue with helicopters, electronics, and aerospace structures as the core pillars. Strong order book, healthy GCAP exposure as a full three-way partner with the UK and Japan, and a domestic political backdrop that is now firmly supportive of defence industrial growth.

Recent Strategic Moves

AW149 selected by multiple NATO members. GCAP demonstrator phase advancing. M-346 trainer winning fresh export competitions.

Flagship Products & Programmes

AW101 / AW149 / AW169M helicoptersEurofighter Typhoon (consortium)GCAP (with UK and Japan)M-346 trainer

Business Categories

HelicoptersElectronicsCombat AircraftCybersecurity