The updated Industrial Plan builds on the progress made since its launch in March 2024. It includes cost-saving measures expected to generate €1.8 billion in savings over the plan’s duration, with €191 million already achieved in 2024.
Leonardo is positioning itself as a leader in developing next-generation technologies for global security. Key elements of the plan include portfolio rationalisation, product digitalisation, and strategic alliances in the aerostructures sector.
Digitalisation plays a central role in Leonardo’s strategy, enhancing internal processes and product development. The introduction of advanced AI systems, digital twins, and cloud-based planning solutions will improve efficiency across operations.
The company is also expanding its role in interoperable defence systems, particularly through the Global Combat Air Programme (GCAP). It will continue developing integrated sensing and communication systems, strengthening its leadership in digital continuity.
Leonardo’s alliances with major defence players will be crucial in driving its growth and competitiveness. Its joint ventures with Rheinmetall in armoured combat systems and Baykar in unmanned aerial vehicles (UAVs) are expected to generate significant revenue over the plan period.
The company has also reinforced its presence in the space sector by creating a dedicated Space Division. This initiative will leverage advancements in intelligence and data analysis to capture growth opportunities in the expanding space market.
In addition, Leonardo is focusing on high-performance computing and AI through its new Hypercomputing Continuum (LHyC) business line. This will support digital transformation in aerospace, defence, energy, and public administration sectors.
Financial projections indicate that these initiatives will contribute to cumulative orders of €5.4 billion and revenues of €3.1 billion over the plan period. Leonardo expects total revenue to reach €24 billion by 2029, driven by increased production capacity and new technological solutions.
To support this transformation, Leonardo is investing in human capital, particularly in quantum technologies, AI, and cybersecurity. The company is launching recruitment and training programmes to attract skilled engineers and digital innovation experts.
With this updated Industrial Plan, Leonardo is strengthening its position in the global security and defence sector. The company is focused on long-term growth, leveraging innovation and strategic partnerships to remain a key player in the evolving geopolitical landscape.
