Leonardo boosted by 2021 aircraft order increase, notes ‘limited exposure’ to Russia
Leonardo received an order from Austria for a fleet of AW169M helicopters in 2021. (Photo: Leonardo)
Leonardo's industrial recovery looks to be in good health, following production complications linked to COVID-19 issues.
Following the release of Leonardo’s FY2021 results, the manufacturer said that it has now reached pre-pandemic levels of production across all divisions with the exception of Aerostructures and saw overall orders climb to €14.3 billion ($15.62 billion) – up 4% against 2021 figures.
Of all divisions, Leonardo’s Aircraft segment saw the largest increase in orders, up more than 31% year on year, based mainly on export contracts for M-346 trainers, the F-35 and Eurofighter Typhoon logistics support.
New helicopter orders fell 2.8% against 2020, amounting to €4.3 billion, but helped by securing an agreement with the Austrian MoD for 18
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Defence Helicopter
-
![Germany to send WS-61 Westland Sea King helicopters to Ukraine]()
Germany to send WS-61 Westland Sea King helicopters to Ukraine
Germany has committed to sending Ukraine six of its 21 retiring WS-61 Westland Sea King multirole, amphibious helicopters.
-
![Boeing secures $271 million to advance modernisation of US Special Operations' MH-47G Chinook]()
Boeing secures $271 million to advance modernisation of US Special Operations' MH-47G Chinook
Boeing has clinched a major contract modification to further its backing of the US Special Operations Command’s MH-47G Chinook aircraft modernisation effort.
-
![Dubai Airshow 2023: South Korean homegrown helicopters make international debut]()
Dubai Airshow 2023: South Korean homegrown helicopters make international debut
Two KAI helicopters, the KUH-1E utility helicopter and the Light Attack Helicopter (LAH), have taken centre stage at the Dubai Airshow 2023.
-
![Italian Navy receives final NH90 helicopter]()
Italian Navy receives final NH90 helicopter
The Italian Navy now boasts a fleet of 56 NH90 helicopters comprising 46 SH-90As and 10 MH-90As.
-
![Argentina seeks AW109 and CH-46 Sea Knight helicopters]()
Argentina seeks AW109 and CH-46 Sea Knight helicopters
The Argentinian Air Force (FAA) and the Argentinian Naval Aviation Command (COAN) are looking for options to upgrade their helicopter fleets.
-
![DSEI 2023: Lockheed to produce about 40% of Black Hawks on UK soil if it wins NMH contest]()
DSEI 2023: Lockheed to produce about 40% of Black Hawks on UK soil if it wins NMH contest
Lockheed Martin promises a boost to the British job market and export opportunities, while strengthening ties with Poland and positioning the UK for a future in rotorcraft technology in the event of a New Medium Helicopter competition triumph.
