ATLANTA — Leonardo SpA reported a 14% growth in revenue at its Space division for the nine months ending Sept. 30, with a higher return on sales and a pretax profit compared to a loss a year ago.
Leonardo’s results confirm that all three European space system prime contractors planning a merger — the other two being Airbus Space Systems and Thales Alenia Space — are now healthy businesses.
Italy-based Leonardo was always the least-affected of the three by the drop in telecommunications . . .
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