Leonardo Company Search Market Environment Share USA Contraction of Defense Budget due to the Covid crisis: from $ 160B in 2020 to $ 150B in 2021, up to $ 140B in 2022. Modest recovery expected starting from 2023Slowdown in defense spending also due raw materials price and Covid-19 Middle East - Africa China the main spender Significant Defense budgets in South Korea, India and Japan, with annual values> 50B $Australia Defense Budget <30B $In Southeast Asia, defense budgets ranging between $ 5B and $ 11B per year Asia Pacific CAGR 19-25~ -0.9% MENA~ -0.7% S-SA Germany: Defense Budget increased in 2021 (~ € 47B)France: Defense Budget increased in 2021 (~ € 39B)UK: Defense Budget up +17B £ over the next 4 yearsItaly: at 25.6B in 21-22 (1.4% GDP, still below NATO target) Europe CAGR 19-25~ +1.7% EUR USA: the main defense spender worldwide (> 700B $ in 2020)Return to growth expected from 2026 CAGR 19-25~ -0.5% NA~ +0.7% LA CAGR 19-25~ +4.1 About us Investors Sustainability Careers Media & Stories Contacts P.IVA 00881841001 © 2021 Leonardo S.p.A. For the dissemination of Regulated Information Leonardo uses eMarket SDIR run by Spafid Connect SpA established in Milan, Foro Buonaparte n. 10 (www.emarketstorage.com). For the storage and filing of Regulated Information Leonardo uses eMarket STORAGE run by Spafid Connect SpA established in Milan, Foro Buonaparte n. 10. Privacy Policy Cookie Policy Legal Notice Sitemap CERT About Cookies On This Site In this site, we use technical cookies, own and third party, and other technologies that collect your browsing data to analyse use, improve your experience and personalize the content and advertising. Click here to learn more about our Cookie Policy. This site does not use marketing/profiling cookies. By clicking on "Accept" or continuing to use the site, you agree to the use of all cookies used. Accept