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ENAV and Leonardo Strengthen their Cooperation in International Markets - The 24-month agreement aims to develop new services and technologies with high-added value in the field of air traffic management - ENAV.it / Leonardo.com
ENAV and Leonardo Strengthen their Cooperation in International Markets

 

NewswireTODAY - /newswire/ - Rome, Italy, 2024/03/19 - The 24-month agreement aims to develop new services and technologies with high-added value in the field of air traffic management - ENAV.it / Leonardo.com. FNC IM; SIFI.MI

   
 
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Cutting-edge technologies, innovative solutions and services to improve air traffic management and safety. These are the key points of the Memorandum of Understanding (MoU) between ENAV SpA and Leonardo, intended to strengthen their cooperation and operate jointly in the Air Traffic Management (ATM) market in Italy and abroad.

The agreement, signed by ENAV CEO Pasqualino Monti and Leonardo Co-General Manager Lorenzo Mariani, aims to establish an industrial and commercial partnership to develop a portfolio of high-value-added technologies and systems in air traffic management. The 24-month agreement also encompasses joint services, ranging from training operational personnel to validating new sensors and defining flight procedures.

The CEO of ENAV SpA, Pasqualino Monti: “Our goal is to synergistically enhance the skills and competencies of two Italian centres of excellence in order to offer high-performance systems to potential customers. This agreement lays the foundation for maximising the production and engineering content of both organisations and the national supply chain.”

Lorenzo Mariani, Co-General Manager at Leonardo, highlighted: “ENAV and Leonardo have long striven for innovation and technological development, aiming to enhance the effectiveness, safety and reliability of air traffic management infrastructures and systems.” He added: “With this new commitment, we aim to leverage our combined strengths to build on these objectives and jointly develop innovative business models with a powerful international presence.”

The two companies have worked together for some time now in developing advanced radar and surveillance systems, communication technologies, air traffic management software, and satellite navigation procedures. Leonardo and ENAV are also partners in the latest air traffic management initiatives for drones.

The agreement may be the subject of subsequent binding agreements that the parties will define in compliance with the applicable legislation, including that relating to transactions between related parties.

ENAV (enav.it) is the Italian Air Navigation Service Provider. It guarantees around 2 million flights per year, safety and punctuality 24 hours a day through the provision of air navigation services to companies flying in Italy. Long considered among Europe's "big five" for operational performance and technological innovation and listed on the Milan Stock Exchange, ENAV is a key component of the international Air Traffic Management system, with a commercial presence in more than 80 countries worldwide. The Company actively participates in research and development activities, in coordination with national and international industry and is a major player in the implementation of the Single European Sky, the program aimed at harmonizing air traffic management in the European Union with the goal of strengthening the safety and efficiency of continental air transport.

Press Office: T: +39 06 81662833 - E: ufficiostampa[.]enav.it.
Investor Relations: T: +39 06 81664372 - E: ir[.]enav.it.

Leonardo (leonardo.com) is a leading global Aerospace, Defence and Security (AD&S) company. With 51,000 employees worldwide, it operates in the fields of Helicopters, Electronics, Aircraft, Cyber & Security and Space, and is a key partner in major international programmes including Eurofighter, NH-90, FREMM, GCAP and Eurodrone. Leonardo has significant industrial capabilities in Italy, the UK, Poland, and the US and also operates through subsidiaries, joint ventures and stakes, including Leonardo DRS (72.3%), MBDA (25%), ATR (50%), Hensoldt (22,8%), Telespazio (67%), Thales Alenia Space (33%) and Avio (29.6%). Listed on the Milan Stock Exchange (LDO), Leonardo reported new orders of €17.3 billion in 2022, with an order backlog of €37.5 billion and consolidated revenues of €14.7 billion. The company is included in the MIB ESG index and has been part of the Dow Jones Sustainability Indices (DJSI) since 2010.

Investor Relations: T: +39 0632473512 - E: ir[.]leonardo.com.

 
 
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Agency / Source: Leonardo S.p.a.

 
 

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ENAV and Leonardo Strengthen their Cooperation in International Markets

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ENAV | Leonardo
Contact: Press Office - LeonardoCompany.com 
+39 0632473313 leonardopressoffice[.]leonardo.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Leonardo S.p.a. securities in any jurisdiction including any other companies listed or named in this release.

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