Reuters
Leonardo reported €23.3 billion in new orders, revenue of €15.3 billion and EBITA of €1.3 billion for the first nine months of 2026. Net profit rose 74% to €812 million, and the company raised its full-year order outlook; its CEO says the backlog and improving delivery capacity will underpin stronger targets in a new industrial plan expected in March.
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Leonardo reported €23.3 billion in new orders, revenue of €15.3 billion and EBITA of €1.3 billion for the first nine months of 2026. Net profit rose 74% to €812 million, and the company raised its full-year order outlook; its CEO says the backlog and improving delivery capacity will underpin stronger targets in a new industrial plan expected in March.
Sierra Space has appointed Daniel Gittsovich as chief financial officer, bringing in an executive who most recently held the same role at L3Harris Technologies’ missile solutions unit. The hire comes as the company pursues a shift toward defense, placing financial leadership alongside its strategic repositioning.
The U.S. Space Force has awarded initial operational contracts for its Commercial Augmentation Space Reserve, while Kyiv is considering ICEYE- and Nokia-backed sovereign communications satellites after uncertainty over Ukraine’s Starshield access. Separate efforts target satellite links for UK drones and commercial satellite intelligence for wildfire response, underscoring expanding defense and public-service uses.
L3Harris has opened a robotic rocket motor factory in Camden, Arkansas, adding a new production facility to a site where the company already operates more than 100 buildings across 2,000 acres. The announcement highlights continued investment in the company’s manufacturing footprint, though no output or capacity figures were provided.
L3Harris received an $876 million undefinitized contract modification to advance the U.S. Navy’s Next Generation Jammer Low Band program into its next engineering and manufacturing development phase. The pod is part of a new family of jamming equipment for the EA-18G Growler.
The undefinitized award funds the next engineering and manufacturing phase of the Next Generation Jammer Low Band program for the EA-18G Growler. The Navy says the $876.4 million modification is intended to accelerate development and deliver the electronic-warfare capability on a faster timeline.
L3Harris will design, assemble, integrate and test an all-glass telescope for the Laser Interferometer Space Antenna (LISA), a European Space Agency mission expected to launch in the mid-2030s. NASA selected the company for the work, according to one report; another describes the telescope as part of ESA’s mission.
High activity
The Space Force selected Northrop Grumman and True Anomaly to build “space-to-space” ISR satellites by 2028, while L3Harris secured a $461.9 million executive-aircraft satcom contract. Separately, Nokia and ICEYE are developing sovereign low-Earth-orbit communications systems for governments, defense contractors and emergency services.
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