Leonardo and Elettronica have signed an agreement to strengthen the long-term strategic cooperation between the two companies in support of the growth of sovereign technologies. On the basis of the complementary nature of their respective skills, Leonardo and Elettronica will jointly develop solutions and offers to effectively respond to the increasing challenges that are arising on the domestic, European and international markets.
“The agreement will enable a significant improvement to be achieved in the industrial and proactive synergy between the two main players in the domestic Defence & Security sector to provide clients with the best possible solutions. The signing of the partnership is aimed at consolidating and strengthening Leonardo’s core business, in line with the goals of the long-term strategic plan for sustainable growth Be Tomorrow 2030.Alessandro Profumo, CEO of Leonardo
This agreement confirms the role of Elettronica as national champion of Electronic Defence systems. Moreover, it clearly shows that the wealth of knowledge and the qualified skills of national industry, as main asset of the Italian technological sovereignty, can and shall proceed jointly in order to address the global challenges and support the national efforts towards strategic autonomy.Enzo Benigni, CEO and President of Elettronica Spa
The partnership has led to the identification of the maritime and fixed and rotary wing avionics sectors as those of strategic interest. Within this perimeter, the “golden rules” have been agreed for sharing the market needs, on the basis of market scenarios, in order to jointly address the NATO and European EDF/EDIDP calls and the opportunities on the domestic defence market for maritime and helicopter systems and manned and unmanned airborne platforms.
Leonardo and Elettronica will propose integrated solutions for their customers – Elettronica systems and Leonardo platforms/systems – that are already in their portfolios or technological evolutions of them to better respond to customer needs.
Governance of the agreement has ensured by the appointment of a permanent steering committee to guarantee the full achievement of the purposes of the partnership. The committee is composed of the respective top management teams and has the duty of defining the strategic guidelines for the development of the evolutive plans and roadmaps of the collaboration agreement.
Source: Elettronica news release