Helicopters Contribute To Strong Growth at Italian Aerospace Group Leonardo | Aviation International News

Helicopters Contribute To Strong Growth at Leonardo

Orders, revenues, and earnings grew during the first six months of 2024

Leonardo AW189 helicopter — Leonardo has reported increased demand and activity with its civil helicopters, including the AW189 twin-engined model.

By Charles Alcock • Managing Editor

July 31, 2024

Sales of commercial and military helicopters made a significant contribution to double-digit growth in financial performance at Leonardo during the first half of 2024. On Tuesday, the Italian aerospace and defense group reported a 15.6% uptick in orders across its diverse product portfolio to €10.3 billion ($11.2 billion), while revenues increased by 10.9%, to €8 billion, and earnings by 13.3%, to €503 million.

Through June 30, Leonardo logged helicopter orders valued at €3.6 billion, which was almost a 28% increase from a year ago, taking its backlog to €14.4 billion. Over the same period, Leonardo’s rotorcraft revenues grew by almost 13%—from €2.16 billion to €2.43 billion—while the order backlog from this division was up by 8.6% at 15,666 aircraft.

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Leonardo AW139

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