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Leonardo Space increased H1 revenue, EBITDA & backlog; preparing EU anti-trust filing on merger with Airbus, Thales
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Leonardo Space increased H1 revenue, EBITDA & backlog; preparing EU anti-trust filing on merger with Airbus, Thales
TUPPER LAKE, NY— Leonardo’s Space division, including its majority stake in satellite service provider Telespazio, reported a 14.4% increase in revenue for the six months ending June 30 and a 5.9% increase in EBITDA on the strength of payload and robotics contracts. New orders were up 11.6% at 500 million euros ($574 million). Backlog for the division stood at 1.6 billion euros at June 30. New orders during the period include several satellites …
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