Leonardo Faces Pressure to Boost Bid for Iveco Defense Unit
A consortium backed by Italy's Leonardo SpA is facing pressure to raise its offer for Iveco Group NV 's defense unit after being outbid by European rivals, people with knowledge of the matter said.
Leonardo — the only Italian suitor in the process — made the lowest offer in the first round of bidding, the people said, asking not to be identified because the information is private. As a result, the company is coming under increased political pressure to improve its proposal to ensure the business remains in local hands, according to the people.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
38 minutes ago
- Yahoo
Report: Wirtz successfully completes medical checks with Liverpool
Germany's Florian Wirtz (L) and France's Manu Kone stand on the pitch after the UEFA Nations League soccer match between Germany and France at Stuttgart Arena. Federico Gambarini/dpa Bayer Leverkusen playmaker Florian Wirtz has successfully completed medical checks with Liverpool, broadcasters Sky reported on Friday. He's now expected to sign a deal with the Premier League champions until 2030. Advertisement The deal for the young forward could be worth up to €150 million ($172.74 million) including bonuses, making Wirtz the most expensive signing in Bundesliga and Premier League history. Only Paris Saint-German's moves for Neymar and Kylian Mbappe have ever carried a higher transfer fee. The Germany international had been a major target for top European clubs, including Leverkusen's Bundesliga rivals Bayern Munich.
Yahoo
41 minutes ago
- Yahoo
Electromechanical Actuators in Aircraft Market worth $804.3 million by 2030 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., June 20, 2025 /PRNewswire/ -- The electromechanical actuators in aircraft market is projected to reach USD 804.3 million by 2030, growing from USD 577.1 million in 2025 at a CAGR of 6.9% according to a new report by MarketsandMarkets™. The electromechanical actuators in aircraft market is witnessing strong momentum, fueled by rapid advancements in power electronics, smart sensors, and digital control systems. The growing focus on more electric aircraft (MEA) concepts, which aim to improve energy efficiency and reduce dependency on hydraulic and pneumatic systems, is accelerating the adoption of EMAs. The rising demand for lightweight, maintenance-friendly, and environmentally sustainable solutions encourages innovation in commercial and military aviation. At the same time, evolving defense modernization programs and next-generation aircraft platforms are opening up new opportunities for advanced actuation technologies. Aircraft manufacturers and system integrators increasingly invest in cutting-edge EMA solutions to meet performance, safety, and cost targets. With technology becoming more integrated and platforms more electric, the market is poised for long-term growth. It remains a critical enabler of the aviation industry's shift toward more innovative, cleaner, and reliable systems. Download PDF Brochure: Browse in-depth TOC on "Electromechanical Actuators in Aircraft Market" 200 – Tables80 – Figures230 – Pages Electromechanical Actuators in Aircraft Market Report Scope: Report Coverage Details Market Revenue in 2025 $ 577.1 million Estimated Value by 2030 $ 804.3 million Growth Rate Poised to grow at a CAGR of 6.9% Market Size Available for 2020–2030 Forecast Period 2025–2030 Forecast Units Value (USD Million/Billion) Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered By mechanism type, motor torque, application, platform, and region Geographies Covered North America, Europe, Asia Pacific, and Rest of World Key Market Challenge Power supply and thermal management limitations Key Market Opportunities Advancements in autonomous flight Key Market Drivers Rising adoption of More Electric Aircraft architecture By platform, the narrow-body aircraft segment is projected to account for the largest share of the electromechanical actuators in aircraft market during the forecast period. The dominance of the narrow-body aircraft segment is underpinned by strong global demand for single-aisle jets, especially across commercial airline fleets. With increasing focus on fleet modernization, airlines are upgrading to newer models, such as the Airbus A320neo and Boeing 737 MAX, which integrate advanced electromechanical actuators (EMAs) for flight control surfaces, landing gear operations, and other critical functions. The adoption of EMAs in narrow-body aircraft is primarily driven by their lower weight, better energy efficiency, and reduced maintenance needs compared to traditional hydraulic systems. Given the high production volumes of narrow-body aircraft and their extensive use in short- and medium-haul routes worldwide, this aircraft continues to attract significant EMA integration. Moreover, the push toward more electric aircraft and increasing passenger traffic in emerging markets further reinforce the segment's leading market position. Narrow-body platforms are increasingly seen as the foundation for technological upgrades, which makes them central to the EMA market landscape. By application, the flight control surface segment is projected to account for the largest share during the forecast period. The flight control surface segment is projected to account for a significant market share, driven by the aviation industry's shift toward more electric aircraft and the growing need for precise, lightweight, and energy-efficient actuation systems. These actuators play a vital role in managing the aerodynamic behavior of an aircraft, enabling accurate control of ailerons, elevators, rudders, and flaps. As aircraft designs evolve, the demand for advanced EMAs in primary and secondary flight control systems continues to grow, especially in next-generation commercial jets and military platforms. Reduced maintenance needs, enhanced reliability, and better integration with digital flight control architectures have driven the move from hydraulic systems toward electromechanical solutions. With growing emphasis on performance optimization, weight reduction, and environmental efficiency, EMAs for flight control surfaces have become critical to modern aircraft programs. Inquiry Before Buying: North America is projected to account for the largest share during the forecast period. North America remains at the forefront of the electromechanical actuators in aircraft industry, primarily due to its robust aerospace sector, rich engineering skills base, and drive towards more electric airplane designs. In recent years, there has been a well-documented shift from conventional hydraulic systems toward electromechanical systems, particularly for flight control and landing gear systems. This transformation is fueled by the need to shed weight, increase fuel economy, and make maintenance easier. Industry leaders such as Honeywell, Moog Inc., and Curtiss-Wright are at the forefront of this change, creating more sophisticated and reliable EMA technologies for commercial and defense applications. Regulatory incentives have also played a significant part. The FAA's emphasis on safety and electrification has driven broader usage of EMA systems throughout aging fleets and new airplanes. The region's robust supply base, large aircraft programs, and military modernization continue to drive demand for EMS. With increasing focus on testing, certification, and system integration, North America is emerging as a leading center for electromechanical actuator innovation and deployment. Honeywell International Inc. (US), Curtiss-Wright Corporation (US), Liebherr (Switzerland), and Ametek Inc. (US) are major players in the electromechanical actuators in aircraft companies. These companies have strong distribution networks across North America, Europe, Asia Pacific, the Middle East, and Rest of the World. Get 10% Free Customization on this Report: Browse Adjacent Market: Aerospace and Defence Market Research Reports &Consulting Related Reports: Military Vehicle Electrification Market by Platform (Combat Vehicles, Support Vehicles, Unmanned Armored Vehicles), System, Technology (Hybrid, Fully Electric), Mode of operation, Voltage Type and Region - Global Forecast to 2030 Military Vehicle Sustainment Market by Vehicle Type (Armored Vehicles, Military Trucks), Service (Maintenance, Repair, & Overhaul (MRO), Training & Support, Parts and Components Supply, Upgrades & Modernization), End User, and Region- Global Forecast to 2028 Turret System Market by Type (Manned, Unmanned), Component (Turret Drive, Turret Control System, Stabilization Unit), Platform (Land, Airborne, Naval), and Region – Global Forecast to 2027 Unmanned Ground Vehicles Market by Mobility (Wheeled, Tracked, Hybrid), Application (Military, Commercial, Law Enforcement, Federal Law Enforcement), Size (10-200lbs, 200-500lbs, Others), Mode of Operation, System, and Region-Global Forecast to 2027 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact: Mr. Rohan SalgarkarMarketsandMarkets™ INC. 1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Web Site: Insight: Source: Logo: View original content: SOURCE MarketsandMarkets 登入存取你的投資組合
Yahoo
44 minutes ago
- Yahoo
Gold prices slip as Trump sets two-week deadline over Iran-Israel conflict involvement
Gold prices slumped in early European trading on Friday morning, after US president Donald Trump set a two-week deadline to decide on whether the US would get directly involved in the Iran-Israel conflict. In a briefing on Thursday, White House press secretary Karoline Leavitt read a message from Trump: "Based on the fact that there's a substantial chance of negotiations that may or may not take place with Iran in the near future, I will make my decision whether or not to go within the next two weeks." This provided some relief to investors who were concerned about the potential for more immediate US involvement in the conflict. Foreign ministers from UK, France and Germany are due to hold talks with Iranian officials in Geneva later on Friday to discuss Iran's nuclear programme. Read more: FTSE 100 LIVE: Markets upbeat as UK and EU begin talks on Iran and Trump sets two week deadline European stocks opened higher on Friday morning, on the back of Trump's two-week pause. Meanwhile, gold prices fell, signalling that investors had become less risk averse, as the precious metal is considered to act as a safe haven asset amid political and economic uncertainty. Gold futures (GC=F) were down 1.3% at $3,363.10 an ounce at the time of writing, while the spot gold price fell 0.7% to $3,348.84 per ounce. Neil Wilson, UK investor strategist at Saxo Markets, said: "Some temporary relief but not enough for anyone to hang their hats on properly as the situation remains way too unpredictable. "Base case has started to shift in the direction of direct US involvement, which opens up a pandora's box of mess, but markets seem to be clinging to expectation that it all remains contained like it has in the past. The meeting today is material and could shift the needle — stay sharp." Oil prices rose on Friday morning, trading at six-month highs, as investors assessed the latest developments around the Iran-Israel conflict. Brent crude futures (BZ=F) advanced 0.4% to $77 a barrel, at the time of writing, while West Texas Intermediate futures (CL=F) climbed 0.7% to trade at $75.66 a barrel. Stocks: Create your watchlist and portfolio Oil prices have surged over the past week, driven higher by concerns that the escalating conflict could lead to a disruption of global supply. There is particular focus on the Strait of Hormuz, off the coast of Iran, with around a fifth of global supplies passing through this channel. Derren Nathan, head of equity research at Hargreaves Lansdown, said: "For now, Iranian oil exports look to be unaffected with a report by Kpler suggesting tanker loadings had reached 2.2 million barrels per day so far this week, a five-week high. "Price support looks firm on the demand side after US crude inventories plummeted by 10.1 million barrels compared to a forecasted fall of just 0.6 million." The pound edged higher 0.1% against the dollar (GBPUSD=X) on Friday, trading at $1.3472 at the time of writing, helped by weakness in the greenback. The US dollar index ( which tracks the greenback against a basket of six currencies, fell 0.3% to 98.66. The muted currency moves came as investors weighed the latest UK economic data releases. Data published on Friday showed that UK government borrowing rose to £17.7bn in May, which was up from £17bn a year earlier. Danni Hewson, head of financial analysis at AJ Bell (AJB.L), said: "May's borrowing came in at the highest ever for the month outside of the pandemic and will only add to speculation that the chancellor will have to announce more spending cuts or further tax increases at the next budget if she wants to meet her fiscal rules and pay for her spending plans." Read more: Why bitcoin and gold are rallying as bond yields hit 30-year highs Separate data, also released on Friday, showed that UK retail sales slumped 2.7% in May, which was much lower than the average forecast of a 0.5% fall in a Reuters poll. "How much people are prepared to spend in the shops is a good indication of how confident consumers are feeling, or not, about their personal finances," said Hewson. 'It's interesting that on the day the latest the latest GfK survey suggests people were feeling a little less nervous in May after April's bill hikes, retail figures show sales in the same period were significantly down." In other currency moves, the pound was little changed against the euro (GBPEUR=X), trading at €1.1704 at the time of writing. More broadly, the UK's FTSE 100 (^FTSE) rose 0.5% to 8,838 points at the time of writing. For more details, on broader market movements check our live coverage here. Read more: Looming petrol price increase could hit fragile consumer confidence Bank of England holds interest rates at 4.25% amid inflation fears Eurozone inflation falls below ECB target to 1.9%
