Italian company Leonardo has reported that its new orders in 2022 increased 20.7% to €17.266bn, and 21% on a like-for-like perimeter.
The growth has been attributed to contributions from Defence Electronics and Security in the company’s US component.
Revenue for 2022 increased by 4.1% to €14.713bn and 4.7% on a like-for-like perimeter, compared to the previous year.
The rise was driven by the performance of Helicopters and Defence Electronics in both its European and US components. Leonardo’s European component contributed the largest portion of revenue.