Leonardo kicked off August 2026 with a strong push into Asia, closing two significant deals and bolstering its presence in the region. In Malaysia, the Coast Guard welcomed its first AW189 helicopter, enhancing maritime capabilities, while Indonesia became the latest customer for Leonardo’s M-346 F Block 20 aircraft. Meanwhile, back in Europe, Fire Point officially launched the Freyja missile defense project, with Leonardo at the helm of an elite consortium. Adding to this momentum, the British-Italian-Japanese Global Combat Air Program (GCAP) future fighter jet project accelerated, promising an earlier entry into service – a boon for Leonardo’s involvement.
Technology & Capability Trends
Technology
Mentions
Assessment
AW189 helicopter
2
Versatile platform for surveillance and SAR, boosting maritime capabilities.
M-346 F Block 20 aircraft
1
Proven light fighter jet with advanced avionics, now with 23 customers globally.
Freyja missile defense project
1
Ambitious radar and guidance systems development, integrating European tech.
Contract & Market Landscape
Deal
Value (USD)
Geography
Notes
Malaysia Coast Guard AW189 helicopters
$129.0M
Malaysia
Four units ordered for enhanced maritime capabilities.
Indonesia M-346 aircraft
$150.0M
Indonesia
Twelve jets sold with localization of support and training facilities.
What to Watch
Freyja Project Progress: Monitor advancements in radar systems and guidance technologies.
GCAP Timeline Update: Track potential adjustments to the fast-tracked future fighter jet program.
Leonardo’s Asia Push: Follow additional opportunities for AW189 helicopters and M-346 aircraft sales.