

Leonardo S.p.A.
Additional Details
Leonardo S.p.A. (formerly Finmeccanica) is an Italian multinational company specialising in aerospace, defence, and security. Headquartered in Rome, it is the 12th largest defence contractor in the world based on 2020 revenues. The company is partially owned by the Italian government, which holds 30.2% of the company's shares and is its largest shareholder. Leonardo is a prominent armament partner for the Israeli Air Force. The company's largest contribution lies in the supply of a massive deal including 30 M-346 advanced jet trainers (known in Israel as "Lavi"). These aircraft are primarily used at the Hatzerim airbase to train and qualify Israeli pilots who later fly combat fighters such as the F-15, F-16, and F-35. The company also signed contracts to provide the military with 12 advanced AW119Kx military helicopters to replace its aging training fleet. Additionally, its US subsidiary, Leonardo DRS, contributes to supplying advanced radars, laser targeting systems, and electronic technologies integrated directly into Israeli tanks and armored vehicles. -- Listed on Borsa Italiana (LDO), Leonardo S.p.A. is a public defense and aerospace company backed by the Italian Ministry of Economy and Finance and monitored by institutional funds.
Listing type
Company that provides economic or military support to Israel
Type of involvement
Import and export
Product category
Military and security equipment
Action needed
- Organize collective activities and events at the company's headquarters to disrupt its operations; to pressure it to stop dealing with Israel.
- Boycott the company and its securities listed on the stock exchange.
- Pressure sovereign wealth funds to withdraw their investments from the company.
Sources
- https://www.timesofisrael.com/final-plane-in-billion-dollar-deal-with-italy-lands-in-israel/
- https://aeronautics.leonardo.com/en/news-and-stories-detail/-/detail/leonardo-m346-celebration
- https://www.leonardo.com/en/press-release-detail/-/detail/20-04-2022-leonardo-us-department-of-defense-awards-29-million-contract-for-new-aw119kx-helicopters-in-foreign-military-sale-to-israel
