Leonardo acquires majority stake in GEM Electtronica: Rome, Italy – Global aerospace, defense, and security company Leonardo has finalized its acquisition of a controlling stake in GEM Elettronica, a leading Italian developer and manufacturer of navigation systems, situational awareness, radar sensors, optronic, and inertial sensors for military naval and coastal surveillance applications. The acquisition, valued at approximately €16 million, increases Leonardo’s ownership in GEM Elettronica from 30% to 65%. This strategic move aligns with Leonardo’s Industrial Plan, which prioritizes bolt-on acquisitions in key areas to strengthen its market position.
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Leonardo
Leonardo is a global leader in aerospace, defense, and security, providing innovative products and services to customers worldwide. With a strong heritage in innovation, according to the company, it is working towards advancing technology and supporting the safety and security of nations. The company’s diverse portfolio includes aircraft, helicopters, drones, naval vessels, sensors, and communication systems.
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Leonardo’s NH-90 helicopter. (File Photo).
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GEM Elettronica
GEM Elettronica is a well known Italian company specializing in the design and production of advanced navigation and surveillance solutions for military and commercial applications. GEM Elettronica’s products are widely used in naval vessels, coastal surveillance systems, and other critical infrastructure. The company’s expertise in radar technology, optronics, and inertial sensors has made it a trusted partner to defense and security organizations around the world.
The acquisition of GEM Elettronica will significantly enhance Leonardo’s capabilities in naval and coastal radar systems. By combining GEM Elettronica’s complementary product portfolio with Leonardo’s existing offerings, the company will be able to provide customers with a comprehensive suite of solutions for their specific needs.
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