EDGE and Leonardo have detailed plans to establish a Joint Venture (JV) that would develop, commercialise, manufacture, and support some of the most advanced key defence sensors and systems available globally.
The JV, announced at Eurosatory 2026, is expected to commence operations with contracts worth several hundred million euros already secured and a commercial pipeline targeting over 4 billion euros in orders over five years.
The JV will focus on a range of defence capabilities, including airborne radars for next-generation stealth platforms, the Kronos Grand Mobile High-Power (HP) radar, Combat Management Systems (CMS) and Multi-Mission Aircraft Sensors. The JV will also serve as a commercial platform to promote and sell the M-346 fighter/trainer aircraft and other defence capabilities across European and international markets.
“Leonardo brings decades of engineering excellence in radar and combat management, while we bring the industrial scale, agility and market access to get that technology to customers faster," said Hamad Al Marar, Managing Director and CEO, EDGE. "Together, this JV has the depth to build some of the most advanced sensor and systems technology in the world, with a projected pipeline beyond 4 billion euros in orders over the next five years.”
“The project to establish a Joint Venture with EDGE reflects Leonardo’s belief in the ability of strategic industrial partnerships to provide a key contribution to shape the future of the global defence industry," said Lorenzo Mariani, CEO and General Manager of Leonardo. " Industrial collaboration and joint ventures are a model we are increasingly embracing, and we are confident that, together with EDGE, we will establish a winning benchmark, setting new standards through technological excellence, industrial strength and a shared long-term vision across the sectors we’ve identified for cooperation and across geographies.”
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