In the first quarter of the year, the defense sector reported revenues of €4.5 billion, marking a 7 percent increase compared to the same period in 2025. This growth reflects a robust demand for defense services and products, contributing to a total backlog that has now reached €57 billion. The figures were announced by the defense minister, who emphasized the importance of sustained investment in national security and defense capabilities. The increase in revenue and backlog indicates a strong outlook for the industry, driven by ongoing geopolitical tensions and the need for enhanced military readiness.
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Original from BreakingDefense: Leonardo reports 31% surge in new orders in Q1 as CEO departs
Leonardo reports 31% surge in new orders in Q1 as CEO departs
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