Leonardo S.p.A.

LDO

IT0003856405

Aerospace & Defense

Real-time Borsa Italiana Other stock markets 09:57:15 2026-06-30 am EDT			5-day change	1st Jan Change
46.94 ^EUR	+1.91%		-6.86%	-4.45%

09:06am	Milan Stock Exchange, best performance in Europe in H1, banks and Saipem lead gains	RE
06:26am	UK commits £8.6 billion to Tempest under GCAP, Starmer says	RE

Leonardo: Drone market launch to follow closing of Baykar JV

Published on 05/04/2026 at 02:02 pm EDT

Alliance News - Translated by Marketscreener - See original

LEONARDO S.P.A.

+1.91%

(Alliance News) - Leonardo Spa clarified on Monday the operational timeline for its joint venture with Baykar in the drone segment, indicating that the market offering of the platforms will only commence following the completion of the closing.

The clarification was provided in a written response released ahead of the annual general meeting on May 7 and concerns the industrial and commercial development of remotely piloted aircraft systems produced under the alliance between the two partners.

Leonardo and Baykar announced last June the creation of a 50-50 joint venture, named Lba Systems, based in Italy and focused on drone production.

In recent meetings with financial analysts, outgoing CEO Roberto Cingolani had indicated a possible launch of the first drones as early as April, outlining a faster scenario for market entry.

Leonardo shares closed Monday down 0.5% at EUR52.78 per share.

By Antonio Di Giorgio, Alliance News reporter

Comments and questions to redazione@alliancenews.com

Latest news about Leonardo S.p.A.

09:06am	Milan Stock Exchange, best performance in Europe in H1, banks and Saipem lead gains	RE
06:26am	UK commits £8.6 billion to Tempest under GCAP, Starmer says	RE
05:52am	Rate repricing; traders in risk-on mode	AN
04:03am	MIB rises to 51,400, strength in Avio and Prysmian	AN
12:38am	Leonardo unit takes control of Rebel Alliance	AN
Jun. 29	Airbus to Get $3.42 Billion Loan From European Investment Bank in Tech Sovereignty Push	DJ
Jun. 26	MIB ends the week lower, double-digit declines for Avio and Leonardo	AN
Jun. 26	Former FS CEO Moretti begins serving 5-year prison sentence over 2009 disaster	RE
Jun. 26	Italy's former railways chief starts 5-year jail term for 2009 disaster	RE
Jun. 26	Milan bourse extends pullback on expectations of a lower Nasdaq, Banca Ifis plunges, oil names sold	RE
Jun. 26	AlphaValue/Baader Europe Upgrades Leonardo to Add	MT
Jun. 25	Global markets live: Amazon, Tesla, Micron, Qualcomm, HSBC…
Jun. 25	Milan bourse extends a cautious rise on expectations of a strong Nasdaq, STM and Technoprobe surge	RE
Jun. 25	Canada Defense Minister Says He Discussed GCAP Program With Japanese Counterpart	RE
Jun. 25	Micron quarterly results lift futures, boost indexes	AN

Chart Leonardo S.p.A.

Duration

Period

LDO: Dynamic Chart

Company Profile

Leonardo S.p.A. is one of the European leaders in the design, manufacturing and marketing of aerospace defense systems. Net sales break down by family of products as follows: - defence systems (38.9%): weapons, radars, etc.; - helicopters (59.8%): civilian and military; - aeronautical equipment (21.7%): aircraft, etc.; - space systems (5,1%); - cybersecurity solutions (3.5%); - other (1%). At the end of 2025, the group had 131 production sites located in Italy (61), the United Kingdom (9), the United States (27) and in other countries (34). Net sales are distributed geographically as follows: Italy (23.3%), the United Kingdom (13.1%), Europe (16.8%), the United States (23.2%) and other (23.6%).

Employees

65,455

Sector

Aerospace & Defense

Calendar

Earnings release - Q2 2026

More about the company