Italy's Leonardo buys a European cybersecurity company
"Cybersecurity is an essential component in so-called multi-domain warfare, where everything is connected with everything. Connections must be secure so that the enemy cannot use parts of a system," Stefano Pontecorvo said.
Pontecorvo did not name the company or give a more precise timeframe.
In October, Leonardo's Chief Executive Roberto Cingolani said the state-controlled company was looking at dozens of domestic and foreign companies for possible acquisitions, cautioning that no single deal would cost more than 15 per cent of the cybersecurity division's turnover.
He had added that the group expected double-digit percentage growth in the cybersecurity business in the coming years.
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