Leonardo has secured €64 million in funding from the 2025 European Defence Fund, with 15 of its 18 submitted proposals selected. The allocation includes €51 million for development and €13 million for research across 11 capability development initiatives and four research projects. The EDF 2025 cycle saw 57 projects selected from 410 submissions, involving 634 entities across 26 European countries plus Norway and Ukraine, with a total budget of approximately €1 billion. Small and medium-sized enterprises represented 38% of participants. Key Leonardo projects include ASIMOV, focused on in-orbit operations for European defence, and ANEMOS, a research initiative for radio communication solutions. Including contributions from group subsidiaries, Leonardo's total funding reaches approximately €84 million.

Leonardo, a surveillance company, plans to add SignalTrace sensors to automatic license plate readers (ALPRs) that would collect unique identifiers from mobile phones, Bluetooth devices, and other electronics in passing vehicles. The technology would link these device identifiers to licence plates, enabling law enforcement to track specific individuals rather than just vehicles. SignalTrace can detect RFID tags in key cards, Bluetooth devices like headphones and fitness trackers, vehicle components such as tyre pressure sensors, and Wi-Fi sources including laptops. The system stores this data for future searches and uses algorithms to correlate devices that consistently travel together with specific licence plates. Leonardo sells ALPR cameras to law enforcement and government agencies. The company did not respond to requests for comment about the product.

German satellite maker OHB will consider legal action if EU regulators approve a planned merger of Airbus, Thales and Leonardo's satellite businesses, CEO Marco Fuchs told Reuters on Thursday. The three aerospace groups announced "Project Bromo" in October, aiming to create a stronger European competitor to SpaceX and Chinese rivals. However, OHB fears the deal could weaken competition and disrupt its supply chain in Europe. Fuchs dismissed comparisons with Chinese competitors, noting Europe does not purchase satellites from China. The core regulatory question is whether the new entity would primarily compete globally or reinforce market dominance in Europe. OHB's market value has risen roughly fivefold to €5 billion over the past year. The company reported 18% quarterly revenue growth with order backlog up 45%.