Leonardo plans for aerostructures JV advance but deadline slips to year-end

Leonardo’s plan for a new aerostructures joint venture is still moving forward, though the timeline has been impacted by ongoing instability in the Middle East. Negotiations with potential partners have experienced delays due to the current geopolitical situation. The project, initially conceived under former CEO Roberto Cingolani, remains a key strategic initiative for Leonardo. Despite these setbacks, final sign-off on the joint venture is now anticipated before the end of this year. This adjustment reflects the broader challenges presented by international conflicts and their effect on business operations within the aerospace sector.