Leonardo’s aeronautics division delivered strong results in the first half, led by a standout performance in its aircraft business. New orders for the company’s aerospace division rose 53.4% year over year (YOY) to €2.2 billion ($2.55 billion), while revenue increased 13.9% to €1.91 billion.
The aircraft unit accounted for the majority of this growth, securing €1.58 billion in orders (+41.8%) and €1.62 billion in revenue (+18.6%). Strong demand for international fighter and multirole programs, including GCAP and C-27J, underpinned the increase. Service activities contributed 30% of divisional revenue, reflecting the company’s ongoing shift toward a more service-oriented model. EBITA reached €180 million, up 5.9% YOY.
Leonardo’s aerostructures business, while posting a 91.8% jump in orders (€698 million), saw revenue decline slightly to €334 million, in line with planned production phasing on the Boeing 787 program. The division reported a €125 million loss.
Its GIE ATR joint venture delivered seven aircraft in the half, down from 11 in the same year-ago period. A venture with Baykar for advanced UAS (LBA) remains on track to be operational by year-end.
With a unified airplane strategy and strong order momentum, particularly in its aircraft unit, Leonardo said its aeronautics division is positioned for continued growth through the rest of this year.