Page 6 - Defence Electronics News Today : Breaking News, Live Updates & Top Stories | Vimarsana

07 May 2021 (Last Updated May 7th, 2021 11:50) Italian multinational aerospace, defence and security company Leonardo has posted strong results in the first quarter of 2021. Share Article In the first three months of the year, the company’s revenues amounted to €2.79bn, a 7.7% jump from €2.59bn recorded in the same quarter of the prior year. EBITA jumped 131.7% from €41m to €95m on a year-on-year basis with a considerable increase in all business segments except for Aerostructures. Net loss of the company also declined from €59m in Q...

Italy's Leonardo to buy 25 percent stake in German sensor maker Hensoldt SECTIONS Last Updated: Apr 24, 2021, 04:02 PM IST Share Synopsis "We are excited about the investment in Hensoldt as the catalyst for the establishment of closer cooperation that will further enhance our respective positions in the growing defence electronics market," chief executive officer Alessandro Profumo said in a statement. Reuters The logo of defence group Leonardo in Geneva, Switzerland, May 22, 2017 Italian defence group Leonardo said on Saturday it agreed to buy a 25.1% stake in German military sensor maker He...