Leonardo kicked July off with a bang, acquiring software whiz kid Raft in an all-cash $450M deal. This strategic grab nets Leonardo top-tier open architecture mission software and AI expertise, strengthening its integrated mission solutions. The company’s first half of 2026 painted a rosy picture, with record-breaking orders, revenues, and profits – a testament to its expanding defence portfolio. Meanwhile, Indonesia snapped up €348M worth of Leonardo’s helicopters and fighter jets, solidifying the Italian giant’s presence in Southeast Asia.
Technology & Capability Trends
Technology
Mentions
Assessment
Software acquisition
1
Strengthens open architecture mission software capabilities
Open-architecture software
2
Enhances data integration for advanced AI-enabled solutions
Unmanned aerial vehicles (UAVs)
1
Astore Levante debuts, targeting European naval unmanned aviation market
Contract & Market Landscape
Deal
Value (USD)
Geography
Notes
Raft acquisition
$450M
US
Strengthens open architecture mission software capabilities
Indonesian MoD AW149 LOI
€348M (~$387M)
Indonesia
Potential supply for search and rescue, disaster relief missions
NATO Accenture PBN contract
$216M (NATO)
NATO nations
Leonardo to work with Accenture for seven years
What to Watch
FY 2026 Results: Keep an eye on Leonardo’s full-year financials to see if they live up to upgraded guidance.
Raft Integration: Monitor how smoothly Raft’s software and team integrate into the Leonardo DRS fold.
Astore Levante Deliveries: Watch for first deliveries of this new naval unmanned aerial vehicle to Italy by year-end.