Leonardo's race never stops. The defense company reached a milestone today new all-time high on the stock market, exceeding 35 euros per share. A record that comes at a time of grace, in which the stock benefits from the hypotheses of an increase in defense spending by the countries of the European Union, but also from the proposal of the President of the European Commission, Ursula von der Leyen, to exempt the defense sector from the EU limits on public spending.
Meanwhile, the company led by former minister Roberto Cingolani announced today an important agreement with Edge, one of the world's leading groups in the advanced technology and defense sector, to further strengthen the two companies' capabilities in the design of cutting-edge, complex and innovative systems for the export market and to diversify and complete their mutual portfolios of solutions in the air, land, naval and cyber sectors.
Leonardo at historic highs on the stock market
European defense and aerospace stocks are still sailing high today, while the first round of the IPO is underway in Saudi Arabia. Russia-US meeting on Ukraine. The sector is being driven not only by talks aimed at achieving peace, but also by increasingly strong hypotheses regarding a possible increase in defense spending by the European Union countries. Not only that: the European Commission is working on the "modalities and details" of the proposal to activate the suspension clause of the Stability and Growth Pact with regard to defense spending by European Union countries.
In this context, the title Leonardo records a rise of around 2 percent and exceeds 35 euros per share, after having reached a new historical high of 35,14 euros. In the last six months, the company's shares have risen by more than 54%, while in the last year the rise is as much as 86%.
Leonardo signs deal with Edge
In the meantime, the company has announced that it has signed an agreement with Edge. The agreement, signed during the International Defence Exhibition (Idex) 2025, currently underway in Abu Dhabi, will concern the United Arab Emirates market and will include a global export strategy, promoting closer synergies, sharing of knowledge and consolidating specialized resources to more effectively seize and develop opportunities in sectors such as: air capabilities including radar technologies, in particular on multi-mission aircraft; defense capabilities against tactical ballistic missiles; anti-drone and surveillance systems; naval combat management systems; radio communications and, finally, optical targeting systems.
“The agreement anticipates a structured partnership aimed at the joint commercial promotion of these products and solutions to the governments of different countries. It also provides for the joint development of intellectual property and future innovative projects”, Leonardo said in a statement.
Lorenzo Mariani, Co-General Manager of Leonardo, said: “We are honoured and excited about this collaboration with Edge Group, aimed at creating new industrial capacities for domestic and export needs. The sectors identified as pillars of this joint strategy are becoming increasingly important in an evolving market and operating landscape. As such, we believe that joining forces in these fields will enable us to offer the capabilities required by the UAE and other export markets.”
