Leonardo targets June for aerostructures joint venture
Leonardo aims to sign an aerostructures joint venture by June. The deal with an undisclosed partner seeks to stabilize the unit and expand global operations.
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The defense group Italy[Country:{ "assets":{ "country":"IT" } }] based Leonardo S.p.A.[Symbol:{ "assets":{ "symbol":"LDO.MI" } }] expects to sign a joint-venture agreement for its aerostructures unit by the end of June. The move is intended to provide a stable future for the loss-making division, which has faced significant delays in securing a strategic partner.
