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Italian defense firm Leonardo
said it is “positioned on a path of strong growth” on Thursday, as European defense companies stand to gain business from the war in Iran, as they have been boosted by the war in Ukraine.
Leonardo unveiled plans to double profits by 2030, the day after German peer arms maker Rheinmetall
forecast its sales could grow as much as 45% this year, as both companies have record-high order backlogs.
