BIT:LDOAerospace & Defense
Assessing Leonardo (BIT:LDO) Valuation After Asia Expansion Moves In Indonesia And India
Leonardo (BIT:LDO) is back in focus after two Asia based developments: a Letter of Intent with Indonesia for M-346F Block 20 aircraft and a helicopter manufacturing partnership with Adani Defence & Aerospace in India.
See our latest analysis for Leonardo.
These Asia focused agreements arrive after a mixed few months for Leonardo, with the share price at €54.08 and a 90 day share price return of 5.87% following a 30 day share price return decline of 8.37%. At the same time, longer term...