Leonardo unveils new plan: 142 billion orders to 2030 expected

With its trajectory firmly focused on cybersecurity, supercomputing (Hpc) and artificial intelligence, which are - the group explains - the backbone of the future course, Leonardo presents the update of its industrial plan to 2030, which envisages cumulative orders of 142 billion (with an average annual growth rate from now until the end of the plan of 6.1%) and cumulative revenues of 126 billion (an average annual increase of 9%).

All in the name of that transformation, desired by CEO Roberto Cingolani since his arrival at the helm of the group, which has led the company in Piazza Monte Grappa towards the structure of a multinational 'one company' capable of intercepting, tracking and neutralising all new threats, conventional and otherwise. Also thanks to the multi-domain platform, the Michelangelo Dome, which represents the complete declination of the ability to exploit assets and skills across all domains (air, land, sea, space and cyber) and which will be able to benefit from 21 billion euro of new business opportunities over the next decade, of which 6 billion between 2026 and 2030.

"We have achieved everything we had planned in the first industrial plan, beyond all expectations. We have all platforms, from the terrestrial domain to the space, naval, and air domains. We have invested heavily in digital, AI, and cybersecurity,' explains group CEO Roberto Cingolani, who will illustrate the plan to the financial community in the morning. 'Today we can count on a competitive advantage that few can boast, and we are able to develop products and solutions to respond to future threats. The new Industrial Plan defines the group's trajectory to 2030, looking to further consolidate its role as a high-tech player in global security.

Going back to the numbers presented by the former Finmeccanica, the plan aims to take advantage of the huge boost in defence spending further enhanced by an extremely disrupted geopolitical picture also due to the new conflict in the Middle East: the estimates provided by the group speak of an increase in the global security budget from 0.4 trillion dollars a year in 2020 to over 1 trillion dollars in 2030, with a decisive increase also in the economic impact of cyber crime (from around 1 trillion dollars a year in 2020 to 1 trillion dollars a month in 2030). For this reason, Leonardo intends to strengthen its position in global security in order to cover with its solutions the entire value chain that presides over defence against the multiplication of hybrid and cyber threats.

Therefore, considering the boost provided by the Michelangelo Dome and the new multi-domain dual-use solutions, Leonardo expects to reach 32 billion orders in 2030 from the 25 billion reached at the end of this year, 30 billion euros in revenues in 2030 (21 billion in 2026) with an EBITDA of 3.59 billion (2.03 billion at the end of this year) and an operating free cash flow doubled to 2.06 billion (1.11 billion in 2026).