Singapore Airshow 2018: Leonardo targets major Asian expansion

07 February 2018

Italian group Leonardo plans a significant expansion in the Asia-Pacific region as part of its newly announced 2018-2022 Industrial Plan that aims to boost global exports, an executive from the company told Jane’s on 7 February.

Speaking at the Singapore Airshow, Marco Buratti, Leonardo’s senior vice-president for international marketing and strategic campaigns, said the plan – announced by the group in late January – includes a target to achieve total orders of EUR70 billion (USD87 billion) by 2022.

Of this total, 60% (or about USD52 billion) is targeted in international orders, with 20% of this (or about USD10.4 billion) sourced from the Asia-Pacific region, he said.

Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at

(130 of 486 words)