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International Business Times

Business

Italian Defence Firm Leonardo To Focus On Int'l Alliances For Growth

Leonardo United States Roberto Cingolani

Leonardo boss Roberto Cingolani has sought alliances with other European defence groups since he took up the reins in 2023 (Credit: AFP)

Italian defence group Leonardo will use international alliances to help accelerate growth and face competition amid rising geopolitical tensions, its chief executive said Tuesday.

"In a complex environment," the aerospace and defence group will aim for "strong alliances," Roberto Cingolani said during a conference call with analysts, as he laid out the company's new five-year industrial plan.

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