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LDO Leonardo SpA

21.76
0.34 (1.59%)
26 Apr 2024 - Closed
Delayed by 15 minutes
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
  0.34 1.59% 21.76 21.65 21.70 21.94 21.19 21.58 3,006,704 17:00:00

UK and Italian Industry Companies to Partner on Air-Combat Systems

11/09/2019 12:42pm

Dow Jones News


Leonardo (BIT:LDO)
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By Olivia Bugault

 

Leonardo SpA (LDO.MI) said Wednesday that Italian industries companies signed a statement of intent with U.K. defense firms to partner on future air-combat systems.

The companies--which include BAE Systems PLC (BA.LN), Rolls-Royce Holdings PLC (RR.LN) from the U.K. and Leonardo, Elettronica, Avio SpA (AVIO.MI) and MBDA from Italy--will work on a program named Tempest aiming at developing air combat systems.

The statement of intent follows the U.K. and Italian governments' commitment to work more closely on combat air capabilities, the aerospace and defense company said.

 

Write to Olivia Bugault at olivia.bugault@dowjones.com

 

(END) Dow Jones Newswires

September 11, 2019 07:27 ET (11:27 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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