Leonardo chair floats idea of future merger with Fincantieri

The chairman of Italy's Leonardo, Stefano Pontecorvo, suggested a potential merger with state-controlled shipbuilder Fincantieri during a conference at Bocconi University. He expressed hope for a future combination, addressing Fincantieri’s executive vice-president, Claudio Cisilino. Both companies, already collaborating on various programs, have previously faced challenges in pursuing deeper integration due to political issues and differing business priorities. Fincantieri aims to expand its defense business in its latest five-year plan.