Military exports, as Fincantieri and Leonardo sprint

While Leonardo conquers the 14th position, Fincantieri has made a leap from 54th to 47th position in the top 100 of arms manufacturers drawn up by Sipri. Pietro Romano's analysis for Il Messaggero

At Fincantieri they wear a helmet.

THE MILITARY MOVES OF FINCANTIERI

Last year, the group led by Giuseppe Bono achieved, in fact, a remarkable increase in revenues derived from its military side. It recorded a 23% growth in one year, from 2.171 to 2.660 billion dollars, a significant figure even if it must be taken into account that the maritime market is fluctuating, due to the long lead times required for its production.

HELMET EFFECT FOR FINCANTIERI

Fincantieri has made a leap from 54th to 47th position in “The Sipri top 100 Arms-Producing”, the annual ranking of the largest hundred arms manufacturers drawn up by Sipri of Stockholm, one of the main thinkers in the sector.

MILITARY NUMBERS

In 2020, the world arms systems market increased by 1.3% to $ 530 billion. Compared to 2015, the increase marks approximately + 17%. Five US groups are at the top of the list. Once again in the lead is Lockheed Martin , manufacturer of the F-35 fighter plane. The first European company is British Bae Systems (sixth) followed by three Chinese companies.

THE COMPARISON BETWEEN LEONARDO AND FINCANTIERI

Leonardo is 13th and has earned a place despite marking a decline of 1.5% year on year with a military turnover of 11.160 billion. Between Leonardo and Fincantieri the sales of the two Italian companies amount to 13.8 billion dollars, equal to 2.6% of the world total. Although the share of Mbda, the European missile consortium of which Leonardo holds 25%, which recorded sales of 4.050 billion dollars, should be added to these revenues.

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This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/export-militare-come-sprintano-fincantieri-e-leonardo/ on Wed, 08 Dec 2021 07:06:44 +0000.