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Italy’s Leonardo rides high on soaring global defense spending

Leonardo aims to test the Michelangelo air defense dome in Ukraine by 2026, targeting $21 billion in new business and NATO integration by 2030.

  • On Thursday, Leonardo said it hopes to test the Michelangelo dome in Ukraine before year-end and plans NATO trials in 2027, with the first component due by late 2026.
  • Leonardo's industrial update on Thursday said it projects €25 billion in new orders and €21 billion in revenues for 2026, supported by multibillion-euro defense investments.
  • Leonardo describes Michelangelo as supporting a 10-15 kilometre 'dead zone' with the MC5 plug-in module enabling multi-domain connectivity, Leonardo says.
  • Leonardo plans technology transfer and MC5 adaptation for companion countries, with 20 interested countries, targeting NATO and European Union integration by end of 2030.
  • Looking to 2030, Leonardo projects €32 billion in annual orders, €30 billion revenue, and a workforce growth of around 24,000, while engaging with MBDA and Thales across Europe.
Insights by Ground AI

13 Articles

Center

Air defence is entering a new era with the Michelangelo project. The Italian company Leonardo is preparing an intelligent dome tested in Ukraine in 2026, while Thales unveils its own integrated system...

Lean Left

Until the end of the year.

Lean Left

Private Italian company Leonardo wants to test its new Michelangelo air defense dome in Ukraine by the end of 2026, and then move on to planned tests within NATO as early as next year.

Left

Roberto Cingolani presents Leonardo's industrial plan and explains that the company's trajectory provides for the transition from defence to global security...

·Italy
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HuffPost It broke the news in Italy on Thursday, March 12, 2026.
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