Helicopter Deliveries and Defense Growth Boost Leonardo Results | Aviation International News

Finance, Taxes, Insurance

Helicopter and Defense Divisions Boost Leonardo Earnings

Italian aerospace and defense group grew revenues by 16.2% last year

Leonardo AW249 attack helicopter — Leonardo's new AW249 attack helicopter (right) is set to form an important part in the Italian group's rotorcraft portfolio.

By Amy Wilder • Writer

February 21, 2025

An uptick in helicopter deliveries contributed to €17.8 billion ($18.6 billion) in 2024 revenues for Italian aerospace and defense group Leonardo. Announcing annual results in Rome on February 20, the company said that the 16.2% growth in revenues was also supported by strong performance in its defense electrionics and security business units, with adjusted earning climbing by 12.9% last year to reach just over €1.525 million, thanks in part to supply chain improvements.

Leonardo delivered 191 helicopters in 2024, which was six more than the previous year. Revenues at its helicopter division increased by 11.1% to reach €5.3 billion, which made it the second highest contributor across the group after defense electronics and security.

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