Leonardo has signed a new Memorandum of Understanding (MoU) with Saudi Arabia, further deepening its collaboration in the aerospace and defense sectors. The agreement, announced during bilateral meetings between Italy and Saudi Arabia, involves the Kingdom’s Ministry of Investment (MISA) and the General Authority for Military Industries (GAMI).
The MoU builds on a prior agreement signed in early 2024, which focused on areas such as space industry development, Maintenance, Repair, and Overhaul (MRO) for airframes, localization of electronic warfare systems and radars, helicopter assembly, and industrial processes. Additionally, it explored initiatives in combat air, cross-domain integration, and national supply chain development. The latest agreement underscores Leonardo’s commitment to expanding industrial collaboration, particularly in the combat air and helicopter domains.
The Italian company has been an integral partner in Saudi Arabia’s defense and aerospace ecosystem for decades, delivering advanced technologies and services, including rotorcraft for transport and rescue operations, electronic systems, sensors, maritime defense solutions, and cyber capabilities. The company’s dedicated headquarters in the Kingdom supports ongoing operations and partnerships with local stakeholders.
The MoU aligns with Saudi Arabia’s Vision 2030, the Kingdom’s ambitious framework for economic diversification and innovation. Through collaboration with local technological partners, research institutions, and end-users, Leonardo aims to contribute to sustainable development and production in the region.
About Leonardo
Leonardo is a global leader in Aerospace, Defense, and Security, with 53,000 employees worldwide. The company operates across key sectors, including Helicopters, Electronics, Aircraft, Cyber & Security, and Space, and participates in major international programs such as Eurofighter, NH-90, FREMM, GCAP, and Eurodrone. With production facilities in Italy, the UK, Poland, and the USA, the company leverages its joint ventures and subsidiaries, including Leonardo DRS, MBDA, and Telespazio. Listed on the Milan Stock Exchange (LDO), Leonardo reported €17.9 billion in new orders and €15.3 billion in consolidated revenues in 2023. The company is recognized for its sustainability efforts, featuring in the Dow Jones Sustainability Indices since 2010.