Leonardo Pushes for Unified European Defense Industry
The Italian defense giant calls for stronger collaboration and a centralized EU defense budget to enhance efficiency and competitiveness.
- Roberto Cingolani, CEO of Leonardo, advocates for the creation of 'European giants' in defense to rival larger U.S. companies.
- Leonardo is one of the world's largest defense firms, generating over €15 billion in revenue and employing nearly 60,000 people.
- Cingolani emphasizes the need for better coordination of national defense strategies and systems across EU member states.
- He supports transitioning from fragmented national defense budgets to a unified European defense fund to optimize investments.
- Recent collaborations include partnerships with Rheinmetall and Hensoldt, as well as involvement in projects like the F-35 and Eurofighter jets.