Leonardo’s Board of Directors approved the creation of the new Electronics Division, reporting directly to the CEO. Its aim is to allow Leonardo to organise its Defense and Security Electronics activities in the optimum way to address the technological and competitive challenges characterising this strategic and growing business. It also enables Leonardo to achieve suitable critical mass and the strengthening of its presence in reference markets.
This evolution will result in the organisational model being aligned with that of the main players in the market, ensuring an even more integrated development.
The current Land & Naval Defence Electronics, Airborne & Space Systems and Defence Systems Divisions will be merged in the new Electronics Division.
Traffic Control Systems and Automation Systems lines of business, currently relating to Security & Information Systems Division, will also be transferred to the new Electronics Division.
The responsibility of the new Division is entrusted to Norman Bone (photo).
With reference to the press release issued on 27th of September 2018 related to the establishment of the Cyber Security Division, reporting directly to the CEO, Leonardo also announced that the responsibility for the Division will be entrusted to Barbara Poggiali. This will be with effect from 21st January 2019.
Leonardo is among the top ten global players in Aerospace, Defence and Security and Italy’s main industrial company.
Organised into seven business divisions (Helicopters; Aircraft; Aero-structures; Airborne & Space Systems; Land & Naval Defence Electronics; Defence Systems; Security & Information Systems), Leonardo operates in the most competitive international markets by leveraging its areas of technology and product leadership.
Listed on the Milan Stock Exchange (LDO), in 2017 Leonardo recorded consolidated restated revenues of 11.7 billion Euros and has a significant industrial presence in Italy, the UK, the U.S. and Poland.