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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Leonardo SpA | BIT:LDO | Italy | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -0.16 | -0.74% | 21.47 | 21.46 | 21.47 | 21.92 | 21.46 | 21.66 | 755,383 | 12:55:14 |
From May 2023 to May 2024
By Mauro Orru
Orizzonte Sistemi Navali, a joint venture between Fincantieri and Leonardo, signed a contract to build three patrol vessels for the Italian Navy for 925 million euros ($1.02 billion).
The two Italian companies said Monday that the contract, signed with the Italian Secretariat General of Defense and National Armaments Directorate, has options for a further three vessels as well as infrastructural upgrades for naval bases in Augusta, Cagliari and Messina.
Fincantieri and Leonardo respectively hold 51% and 49% stakes in the joint venture.
Write to Mauro Orru at mauro.orru@wsj.com
(END) Dow Jones Newswires
July 31, 2023 13:25 ET (17:25 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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