BIT:LDOAerospace & Defense
Is Leonardo (BIT:LDO) Below Fair Value On Its New £4.6b GCAP Contract?
Leonardo (BIT:LDO) is back in focus after Edgewing, its trinational joint venture, secured an 18 month GCAP sixth generation fighter design contract worth £4.6b, in addition to a £686m bridge deal.
See our latest analysis for Leonardo.
The GCAP contract headlines arrive after a mixed period for Leonardo, with the share price up 13.57% over the past week and 2.56% year to date, but down 15.63% over 90 days. At the same time, the 1 year and multi year total shareholder returns remain very...