Leonardo returns to the race led by the space alliance with Thales and Airbus – Il Sole 24 ORE

A meeting of the Board of Directors is scheduled for tomorrow which will be able to give the green light to issue the first financing with the two joint numbers

Leonardo returns to racing, powered by a space alliance with Thales and Airbus

A meeting of the board of directors is scheduled to be held tomorrow to give the green light to sign the initial agreement for the joint project with both partners.

Chiara di Michele

2' lecture

(Il Sole 24 Ore Radiocor) - A positive session for Leonardo - Finmeccanica, who returns to the race to forget after a week.The stock has been among the best on the FTSE MIB from the outset.Although still below the all-time high on October 3 last year (56.68 euros), the balance has increased by about 90% since the beginning of the year.The market is paying attention to the "Bromo" project for the space alliance with Thales and Airbus, which is expected to develop actively.

According to Radiocor's information, a meeting of the board of directors is scheduled for tomorrow, where it will be possible to give the green light to sign a preliminary agreement with both partners, in order to then create a joint venture based on the MBDA model, mainly focused on satellite operations.

Over the weekend, Leonardo's CeO, Roberto Cingolani, expressed confidence in reaching an agreement:

The definition of the agreement mentioned by Chingolani does not coincide with the confirmation of the results for the first nine months of the year scheduled for November 5.For at least a year, Leonardo, Telespecio and Thales have been in talks to merge their space sector assets with Airbus, already a Thales ally through Alenia Space, starting with satellite operations.

In relation to the United States, the CEO emphasized that this is "a moment in which relations between Italy and the United States are very good and intense in a traditionally difficult situation.""