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MarketScreener Homepage  >  Equities  >  Italian Stock Exchange  >  Leonardo S.p.A.    LDO   IT0003856405

LEONARDO S.P.A.

(LDO)
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Leonardo: U.S. Department of Defense exercises options for 36 TH-73A helicopters

11/13/2020 | 01:25pm EST

Rome 13 November 2020 19:08

Leonardo welcomes the announcement made by the U.S. Department of Defense to award AgustaWestland Philadelphia Corp. a 171 million USD modification to the previously awarded firm-fixed-price contract for the US Navy's Advanced Helicopter Training System. This modification exercises options for the production and delivery of an additional 36 TH-73A aircraft, with work expected to be completed in December 2022 in Philadelphia, PA.

In January 2020 Leonardo, through AgustaWestland Philadelphia Corp., was awarded a firm-fixed-price contract valued at 176 million USD for the production and delivery of 32 TH-73A helicopters, initial spares, support and dedicated equipment, and specific pilot and maintenance training services. The TH-73A will be used to train the next generation of student aviators from the US Navy, Marine Corps and Coast Guard.

Disclaimer

Leonardo S.p.A. published this content on 13 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 13 November 2020 18:24:01 UTC


© Publicnow 2020
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Financials
Sales 2020 13 484 M 16 387 M 16 387 M
Net income 2020 349 M 424 M 424 M
Net Debt 2020 3 354 M 4 076 M 4 076 M
P/E ratio 2020 9,71x
Yield 2020 2,15%
Capitalization 3 373 M 4 096 M 4 099 M
EV / Sales 2020 0,50x
EV / Sales 2021 0,47x
Nbr of Employees 49 973
Free-Float 69,3%
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Mean consensus BUY
Number of Analysts 17
Average target price 8,25 €
Last Close Price 6,11 €
Spread / Highest target 93,1%
Spread / Average Target 34,9%
Spread / Lowest Target -3,47%
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Managers and Directors
NameTitle
Alessandro Profumo Chief Executive Officer & Director
Luciano Carta Chairman
Alessandra Genco Chief Financial Officer & Vice President
Roberto Cingolani Chief Technology & Innovation Officer
Dario Frigerio Lead Independent Director
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