Italy’s Leonardo rides high on soaring global defense spending
Italia
ROME — Leonardo will see annual orders of €32 billion ($37 billion) a year by 2030, up from €23.8 billion last year, the firm said on Thursday as it announced a bullish new industrial plan reflecting soaring global defense spending. The Italian state-controlled firm will see revenue leap 50% by 2030, reaching €30 billion from last year’s €19.5 billion, it predicted. During a presentation in Rome, CEO Roberto Cingolani said the company would up its focus on cyber security and digitalization as
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