Leonardo aims to reach €30 billion ($32.5 billion) in revenue by 2029, driven by rising European defense budgets and industry expansion. The forecast was announced during the company’s FY2024 results and 2025–29 industrial update on March 11. In 2024, Leonardo reported €17.8 billion ($19.8 billion) in revenue, marking a significant increase toward its long-term target. The company plans to focus on strengthening its core business sectors, particularly in defense, security, and advanced aircraft and helicopter platforms. Leonardo’s growth strategy aligns with increasing European investments in military capabilities and defense modernization.
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