Urgent.News

What's breaking now, across thousands of outlets.

Business

Francesco Macrì: "We need to invest in European common defense"

The CEO of Leonardo is talking about a “Renaissance” of industry based on innovation in the security, space, AI and robotics sectors

Translated from Italian Read in Italian

Francesco Macrì: "We need to invest in European common defense"

Francesco Macrì, president of Leonardo, has called for a European defence project, stating that Italy and Europe must work together to achieve a common defence. He noted that the country faces over 500 cyber attacks per year, and that a collective effort is needed to address this threat. Macrì also highlighted the potential for growth in the space economy, which is expected to be worth $1,800 billion by 2035, and emphasised the importance of investing in artificial intelligence to avoid becoming "technological subjects".

Leonardo, Italy's largest manufacturing company, has a significant presence in the country, with operations in 15 regions and 4,500 suppliers, 84% of which are small and medium-sized enterprises.

Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at ilsole24ore.com →

More in Business

North Korea's Kim calls for training world's 'strongest' military

SEOUL: North Korean leader Kim Jong Un urged his military to train to become the strongest in the world at a two-day meeting of company commanders in Pyongyang, state media said Saturday. Kim’s call for what he dubbed a “Korean-style military revolution” came the same week Seoul’s military proposed talks to clarify the border after an…

More from Saturday 24 October →