Italian Defense Firm Leonardo to Sell Part of Its Avio Stake

Bloomberg•Tuesday, October 28, 2025 at 6:07:43 PM

Leonardo SpA, a major player in the European defense and aerospace sector, is divesting a minority stake in Avio SpA, a rocket manufacturer. This move is part of a strategy to raise €400 million ($467 million) for a capital increase. The sale, aimed at institutional investors, reflects Leonardo's efforts to strengthen its financial position while continuing to invest in its core operations. This transaction is significant as it highlights the ongoing dynamics in the aerospace industry and the importance of capital management for growth.

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