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Leonardo Sees 31% Surge In New Orders

May 1, 2026

2 min read

Key Takeaways

Leonardo reports 31% surge in new orders in Q1.
Revenues reached €4.5 billion, a 7% increase over 2025.
Total backlog reached €57 billion.
Aircraft division leads in profitability.

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Strategic Implications

This surge in new orders may signal Leonardo's growing competitiveness in the global defense market. The emphasis on alliances and partnerships suggests a strategic shift towards collaboration, which could strengthen the company's position in European defense initiatives and may lead to further expansion of its product offerings.

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What Happened

Italian Defense Giant Reports Strong Q1 Results Amid CEO Transition

Italian defense giant Leonardo has reported a 31% surge in new orders during the first quarter of 2026, reaching €9 billion. The company’s aeronautics division led in profitability, with revenues reaching €4.5 billion, a 7% increase over 2025. The total backlog reached €57 billion, with the aircraft division being the core profit generator. Outgoing CEO Roberto Cingolani highlighted the importance of European alliances and announced new partnerships, including a joint venture with Turkish drone-maker Baykar. The financial results were presented by Cingolani, whose three-year mandate as company CEO ends on Wednesday, as reported by Breaking Defense.

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