The defense boss highlighted that revenues reached €4.5 billion in the first three months of the year — a 7 percent increase over 2025 — with a total backlog reaching €57 billion.
This development reflects broader trends in defence procurement and industry consolidation as governments worldwide increase defence spending in response to evolving security threats.
Source: Breaking Defense. Read the full report at https://breakingdefense.com/2026/05/leonardo-reports-31-surge-in-new-orders-in-q1-as-former-ceo-departs/