# Leonardo in advanced talks for aerostructures joint venture

Leonardo is in advanced discussions with a partner, reportedly Saudi Arabia's wealth fund, to set up an aerostructures joint venture aimed at becoming a global champion. A preferred partner has been selected after due diligence.

- Type: Partnership
- Announced: 2025-03-12
- Status: announced
- Products: aerostructures
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Leonardo](https://endata.com/companies/18893.md)

## Sources

- [flightglobal.com](https://www.flightglobal.com/defence/2025/03/leonardo-close-to-launching-aerostructures-joint-venture-as-global-champion/), 2025-03-12: "Leonardo is in advanced discussions with a partner to set up an aerostructures joint venture that its chief executive vows will become a 'global champion' in the sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.