Target: Leonardo S.p.A. Domain: Political Research cutoff: 26 October 2026 Jurisdiction: Italy
Corporate Communications & Public Stance
Statements concerning Israel and Palestine
On 30 September 2025, Leonardo S.p.A. CEO Roberto Cingolani told Corriere della Sera that the company had received no new export authorisations for Israel since the beginning of the conflict and maintained two existing contracts concerning unarmed training helicopters and aircraft. He identified four technicians working in Israel and dated the relevant agreements to 2012 and 2019. Acting entity: Leonardo S.p.A.; beneficiary: Israeli military aviation training operators; communication channel: corriere.it interview; first and last documented observation: 30 September 2025; contracts described as continuing on that date; subsequent contractual status unknown; audience: general newspaper readership; persistence of the published interview beyond the observation date not independently measured.1
On 7 October 2025, Cingolani again publicly rejected allegations connecting Leonardo to genocide, stated that the company was not selling new equipment to Israel and acknowledged the existence of maintenance agreements. He said that unilateral contract termination could expose the company to penalties and that governmental intervention could provide a route to suspending existing licences. Acting entity: Leonardo S.p.A., represented by Roberto Cingolani; beneficiary of communication: the company’s public and institutional audience; channel: repubblica.it; first and last documented observation: 7 October 2025; published statement remained publicly retrievable during research; underlying contracts’ current status unknown.2
Comparative public posture
Leonardo’s March 2024 industrial plan describes the company through aerospace, defence, security, international markets and strategic technological capabilities. It explicitly identifies Israeli military-training success within its helicopter business planning. Acting entity: Leonardo S.p.A.; audience: investors, analysts and other corporate stakeholders; channel: leonardo.com; dated observation: March 2024; the plan covers 2024–2028; its continuing status as a published corporate communication was confirmed, although implementation of each objective was not separately verified.3
A complete, source-supported comparison between Leonardo’s public statements concerning Ukraine and its statements concerning Palestinian civilian harm was not established. No public evidence identified sufficient to document a specific comparative-silence pattern.
Market framing
Leonardo’s 2024–2028 industrial presentation identifies Israeli military-training contracts alongside international opportunities within its ordinary defence and helicopter business planning. Acting entity: Leonardo S.p.A.; beneficiary: investors and customers receiving the company’s commercial outlook; channel: leonardo.com; observation: March 2024; plan horizon: 2024–2028; current achievement of the stated commercial objectives not established.3
Operations in Occupied or Contested Territories
Israeli aviation contracts
Leonardo S.p.A.’s 12 March 2024 corporate-governance report lists a Contractor Logistic Support Contract with Elbit Systems Limited for supply, repair and servicing of spare parts for the Israeli M-346 aircraft fleet. The document additionally describes an Elbit consent requirement if specified changes in Leonardo’s control involve a shareholder linked to a country lacking diplomatic relations with Israel. Acting entity: Leonardo S.p.A.; contractual counterparty: Elbit Systems Limited; end beneficiary: Israeli M-346 fleet; channel: leonardo.com corporate-governance filing; confirmed observation: 12 March 2024; subsequent public confirmation of maintenance activity: September 2025; independently verified termination: none.4, 1
Elbit Systems announced completion of an Israeli Air Force ground-based training-system centre developed with Alenia Aermacchi, Selex ES and CAE. Its announcement identifies TOR – Advanced Flight Training, an Elbit Systems/Israel Aerospace Industries venture, as responsible for operating the M-346 Lavi training aircraft. Acting entities: Elbit Systems, Alenia Aermacchi and Selex ES; beneficiary: Israeli Air Force; channel: elbitsystems.com; historical programme announcement: 2016; later programme maintenance evidenced separately by Leonardo’s 2024 and 2025 disclosures; current operating status of the complete original training centre not independently confirmed.5, 4
Israeli defence-sector investment
Leonardo DRS, Inc.’s SEC annual report states that its merger with Israel-based RADA Electronic Industries Ltd. completed on 28 November 2022. RADA became a wholly owned subsidiary, with consideration valued at approximately $511 million. The report identifies RADA as a supplier of military tactical radar technology. Acting entity: Leonardo DRS, Inc.; counterparty: RADA shareholders; beneficiary: the combined defence technology enterprise; channel: sec.gov; transaction date: 28 November 2022; ongoing ownership reported in subsequent SEC disclosures, with no independently verified disposal in the reviewed documents.6, 7
Leonardo DRS’s 2022 SEC annual report additionally identifies an approximately 12% interest in Israel-based RadSee Technologies Ltd. arising from the RADA acquisition. Acting entity: Leonardo DRS, Inc.; beneficiary: RadSee Technologies Ltd.; channel: sec.gov; observation: financial year 2022; current equity percentage and operational activities require updated verification.6
Occupied territories and settlements
No public evidence identified establishing a Leonardo-operated facility, dealership, military-support installation, sponsorship or property holding within an Israeli settlement in the occupied West Bank, occupied East Jerusalem or occupied Syrian Golan.
No verified Leonardo-specific entry from the OHCHR settlement-business database was obtained.
Litigation and regulatory scrutiny
Un Ponte Per announced that it, together with other Italian civil-society organisations, was pursuing proceedings against Leonardo S.p.A. and the Italian state seeking to halt military supply arrangements involving Israel. It identified a first Rome civil-court hearing scheduled for 27 March 2026. Acting parties: Un Ponte Per and associated claimant organisations; defendants: Leonardo S.p.A. and the Italian state; channel: unponteper.it; documented observation: 27 March 2026; proceedings subsequently confirmed as continuing in May 2026.8
ARCI reported on 22 May 2026 that the Rome court had ordered a further hearing on 16 October 2026 and set a timetable for final submissions. It also reported that Leonardo’s request to join the State of Israel to the proceedings had not been accepted. Acting entity: ARCI, reporting the claimants’ procedural account; defendants: Leonardo S.p.A. and the Italian state; channel: arci.it; procedural observations: March–May 2026; no final judicial determination established by this evidence.9, 10
Civil-society campaigns
Campaign Against Arms Trade identifies Leonardo as the subject of protests relating to F-35 components, including action at Edinburgh in August 2025 and earlier activity at Southampton. Acting entities: campaign organisations and participating protesters; target: Leonardo’s UK operations; channel: caat.org.uk; observations: 2023–2025; campaign activity documented across that period, with no verified final cessation date.11
Campaign Against Arms Trade’s Edinburgh organisers publicly called for protests against Leonardo’s sponsorship of the September 2024 SPIE Security and Defence conference at the Edinburgh International Conference Centre. The campaign identified Leonardo’s Edinburgh manufacture of F-35 laser-targeting equipment and linked the programme to Israeli military operations in Gaza. Acting entity: Campaign Against Arms Trade and its Edinburgh campaigners; target: Leonardo’s UK operations and participation in the Edinburgh conference; channel: caat.org.uk; documented observation: September 2024; duration of subsequent campaign activity and current organisational operations not established by this source. The connection between specific Edinburgh-manufactured components and individual Israeli aircraft was not independently traced.12
Corporate Watch’s research, republished by The Prisma on 23 December 2024, identifies Leonardo’s supply of Israeli M-346 training aircraft and reports a historical allegation attributed to the Palestine Solidarity Campaign that AgustaWestland manufactured components for Apache helicopters used by Israel in Gaza. Acting entity: Corporate Watch, reporting the Palestine Solidarity Campaign’s historical allegation; target: Leonardo S.p.A. and associated entities; channel: theprisma.co.uk; documented observation: 23 December 2024; original allegation’s publication date and ongoing status of the historical equipment relationship were not independently established from this source.13
Internal Governance, Content & Retail Policies
Employee relations
No public evidence identified of a verified Leonardo disciplinary proceeding, dismissal, employment tribunal decision or collective-bargaining sanction specifically concerning an employee’s pro-Palestinian political expression.
The reviewed sources establish protests at Leonardo facilities, but those events alone do not establish company disciplinary action against employees.11
Platform and editorial policies
No public evidence identified of Leonardo operating a consumer social-media moderation system or implementing a Palestine-specific content-removal policy.
No public evidence identified of a regulatory decision concerning discriminatory moderation of Palestinian content by Leonardo.
Retail and sourcing
No public evidence identified of Leonardo consumer-product labelling, settlement-origin retail sourcing or geographic-origin product categorisation relating to occupied Palestinian territory.
Shareholder resolutions
No public evidence identified of a Leonardo shareholder resolution being rejected, suppressed or procedurally obstructed specifically because it requested Israel-Palestine human-rights due diligence.
Brand Heritage & State Partnerships
Military and state-security positioning
Leonardo’s 2024–2028 industrial plan describes its activities in aerospace, defence and security and identifies defence technology and government programmes as elements of its commercial strategy. Acting entity: Leonardo S.p.A.; beneficiaries: governmental and commercial customers; channel: leonardo.com; observation: March 2024; plan period: 2024–2028; company presentation remained publicly available during research.3
Israeli state partnerships
Elbit Systems’ historical Israeli Air Force training-centre announcement identifies Leonardo predecessor businesses Alenia Aermacchi and Selex ES among the project participants. The Israeli Air Force was the programme beneficiary, with Elbit the prime contractor and TOR responsible for M-346 aircraft operations. Acting entities: Alenia Aermacchi and Selex ES; beneficiary: Israeli Air Force; channel: elbitsystems.com; observation: 2016; subsequent M-346 maintenance arrangements separately documented in Leonardo’s 2024 governance report.5, 4
Elbit Systems announced on 6 March 2017 that it had signed an agreement with Leonardo Helicopters for joint marketing and installation of Heli-ClearVision enhanced-flight-vision equipment on commercial helicopters. Acting entities: Elbit Systems and Leonardo Helicopters; intended beneficiaries: commercial helicopter customers; channel: elbitsystems.com; earliest documented observation: 6 March 2017 [pre-2020]; agreement described at the time as long-term; independent evidence of continuation or cessation in October 2026 was not obtained.14
Cultural sponsorship and public diplomacy
No public evidence identified of Leonardo financing a named Brand Israel cultural campaign, Israeli settlement festival or state-sponsored public-diplomacy programme.
No public evidence identified of a Leonardo executive receiving an Israeli state honour explicitly connected to advocacy concerning Palestinians.
Lobbying, Advocacy, Financing & Logistics
Political lobbying
No public evidence identified of a Leonardo-funded political action committee, lobbying filing or registered lobbying mandate specifically advocating Israeli annexation, settlement expansion, anti-BDS legislation or restrictions on Palestinian political expression.
Defence-sector supply and logistical support
Leonardo’s 2023 corporate-governance report records a contractual logistics arrangement with Elbit Systems for the Israeli M-346 fleet covering spare parts, repair and servicing. Acting entity: Leonardo S.p.A.; contractual recipient: Elbit Systems Limited; operational beneficiary: Israeli military aviation training; channel: leonardo.com; contractual relationship documented in March 2024 and further maintenance activity described by the CEO in September 2025; no independently verified termination date.4, 1
Cingolani stated in September 2025 that four Leonardo technicians were in Israel maintaining unarmed training helicopters and aircraft. He identified the underlying agreements as dating from 2012 and 2019. Acting entity: Leonardo S.p.A.; beneficiary: Israeli military aviation training arrangements; channel: corriere.it; earliest agreement dates: 2012 and 2019, with the 2012 agreement [pre-2020] and 2019 agreement [pre-2020]; last confirmed operational observation: September 2025; continuation beyond that date unknown.1
Financial contributions
No public evidence identified of a documented Leonardo corporate donation to the Israel Defense Forces, Friends of the Israel Defense Forces, Jewish National Fund, settlement organisations, military-welfare foundations or Israeli reservist fundraising organisations.
No public evidence identified of a publicly disclosed Leonardo matching-gift programme identifying such organisations as eligible recipients.
Crisis asset mobilisation
The maintenance arrangements described by Cingolani in September 2025 continued after 19 July 2024 and November 2024 according to his account. These were described as previously existing contractual services rather than newly announced emergency donations. Acting entity: Leonardo S.p.A.; beneficiary: Israeli military training operators; channel: corriere.it; original agreements: 2012 and 2019; confirmed continuing observation: September 2025; independent verification of subsequent cessation unavailable.1
No public evidence identified of a Leonardo-specific emergency charitable transfer, free transport operation or donation of logistical assets to Israeli military-support organisations during the conflict.
Assessment of newly examined principals: Through 26 October 2026, the reviewed public evidence establishes senior corporate, financial, governance and institutional responsibilities for Cutillo, Aurilio, Diacetti, Grifoni, Soro, Tucci and Veltri. It does not establish an individually attributable political donation, registered Israel/Palestine lobbying mandate, settlement-advocacy role, military-welfare fundraising activity or organised anti-Palestinian political campaign by any of these seven individuals. The appointment and committee records are positive evidence of organisational influence; they are insufficient to establish the separate element of qualifying political conduct. The absence of identified evidence is limited to publicly accessible, indexed materials reviewed through the cutoff and does not establish that undisclosed activities did not occur.15, 16, 17, 18, 19
Corporate Structure & Primary Mission
Ownership and state participation
Italian parliamentary documentation dated 26 February 2026 identifies the Italian Ministry of Economy and Finance as holder of approximately 30.2% of Leonardo’s capital. The report identifies Stefano Pontecorvo as Chairman and Roberto Cingolani as CEO. Acting entity: Italian Ministry of Economy and Finance; beneficiary: Italian state shareholder interests; channel: documenti.camera.it; ownership position documented in February 2026; later changes were not independently verified.20
Leonardo’s corporate-governance report for financial year 2024, issued on 11 March 2025, separately identifies the Ministry of Economy and Finance as holding approximately 30.204% of Leonardo’s ordinary and voting capital and Capital Research and Management Company as holding approximately 5.06% in the disclosed historical position at 10 March 2025. The 5.06% holding does not meet the audit’s 10% controlling-equity threshold. Acting entities: the named shareholders; beneficiary: their respective investment portfolios; channel: leonardo.com; disclosure position: 10 March 2025; exact current percentages may differ.21
Corporate mission
Leonardo’s published strategy establishes commercial aerospace, defence and security activities, government relationships and participation in international military programmes. It does not describe an exclusive foundational obligation to advance Israeli state geopolitical objectives. Acting entity: Leonardo S.p.A.; audience: shareholders and industrial partners; channel: leonardo.com; observation: March 2024; planning horizon: 2024–2028.3
Principal group entities
Leonardo’s governance disclosures establish the parent company’s participation in strategic aerospace and defence relationships, including Lockheed Martin’s Joint Strike Fighter programme and Elbit’s M-346 fleet support arrangement. Acting entity: Leonardo S.p.A.; counterparties: Lockheed Martin Aeronautics and Elbit Systems Limited; channel: leonardo.com; documented observation: 2024; subsequent contractual termination not independently established.4
The 2022 RADA merger resulted in Leonardo S.p.A. controlling Leonardo DRS through a majority interest and Leonardo DRS owning RADA as a subsidiary. Leonardo DRS described RADA as an Israeli military tactical-radar manufacturer. Acting entities: Leonardo S.p.A. and Leonardo DRS, Inc.; beneficiary: the combined defence enterprise; channel: sec.gov; documented transaction date: 28 November 2022; subsequent ownership relationship confirmed in the 2023 annual-report material.6, 7
Additional integrated entities
Leonardo’s 2024 corporate materials identify Leonardo UK, Kopter, PZL-Świdnik, Telespazio, Thales Alenia Space, MBDA, Hensoldt and other aerospace and defence investments within its international corporate portfolio. Acting entity: Leonardo S.p.A.; beneficiaries: the respective group companies and joint ventures; channel: leonardo.com corporate disclosures; observation: 2024; individual current shareholdings require the latest complete ownership register.22
Leonardo DRS’s primary transaction announcement, filed with the US Securities and Exchange Commission on 28 November 2022, confirms that the merger with RADA Electronic Industries Ltd. was completed on 28 November 2022. The announcement separately identifies 29 November 2022 as the commencement of trading under the DRS ticker on NASDAQ, explaining the possible date confusion. Leonardo DRS’s 2022 and 2023 annual reports independently confirm 28 November 2022 as the acquisition completion date. This confirms the existing audit statements under “Israeli defence-sector investment” and “Principal group entities”, both of which record 28 November 2022 correctly. No date correction is required.23, 6, 7
Executive & Leadership Footprint
Named controlling principals
Roberto Cingolani - CEO and General Manager: Searched Israel supply, Gaza statements, defence relationships, political fundraising, military-welfare donations and settlement organisations. His September and October 2025 public statements concerning Israeli aircraft maintenance and export authorisations are documented. No public evidence identified of a verified personal donation to an Israeli military-welfare or settlement organisation. Acting individual: Roberto Cingolani, speaking in his corporate capacity; beneficiary of communication: Leonardo S.p.A. and its public audiences; channels: corriere.it and repubblica.it; documented dates: 30 September–7 October 2025; subsequent personal advocacy or donations not established.1, 2
Stefano Pontecorvo - Chairman: Searched Israel statements, political affiliations, settlement organisations, military-linked philanthropy and relevant board appointments. His chairmanship is established by Italian parliamentary records. No public evidence identified of a personal Israel-Palestine-related donation or public advocacy act in the reviewed materials.20
Lorenzo Mariani - historically identified Co-General Manager: Searched Israeli defence contracts, political advocacy and philanthropy. Leonardo’s historical corporate presentation identifies him in this management role. No public evidence identified of personal donations or settlement advocacy. Current role was not independently established.22
Italian Ministry of Economy and Finance - 30.2% shareholder: Searched ownership, state influence, defence policy and instructions concerning Israel. State shareholding is documented. No public evidence identified in the retrieved sources of an explicit shareholder directive ordering Leonardo to support Israeli settlement expansion or finance Israeli military-welfare organisations.20, 21
Capital Research and Management Company - historically disclosed 5.06% voting position: Searched political advocacy, proxy influence and Israel-related governance positions. Leonardo’s corporate-governance report identifies the historical 5.06% shareholding at 10 March 2025, which is below 10%. No public evidence identified of a Leonardo-specific Israel-Palestine advocacy intervention attributable to this shareholder.21
Other directors
Italian parliamentary documentation identifies Elena Vasco, Steven Duncan Wood, Giancarlo Ghislanzoni, Cristina Manara, Francesco Macrì, Dominique Levy, Enrica Giorgetti, Trifone Altieri, Silvia Stefini and Marcello Sala among Leonardo’s directors. Their board positions are documented, but no public evidence identified in the retrieved sources of personal donations, settlement-organisation board roles or Israel-Palestine lobbying by these individuals.20
Personal philanthropy
No public evidence identified of verified personal or family-office grants by Roberto Cingolani, Stefano Pontecorvo or the other identified Leonardo directors to FIDF, JNF/KKL, Regavim, Im Tirtzu, Israeli military-welfare bodies or settlement organisations.
Public advocacy
Roberto Cingolani’s September–October 2025 statements constitute verified public executive communications concerning Leonardo’s Israel-related contracts. They were published through Italian news organisations and addressed company conduct, contractual obligations and allegations made against Leonardo. No independently verified duration of audience exposure beyond the continuing availability of the articles was established.1, 2
Board memberships and geopolitical affiliations
No public evidence identified of a controlling Leonardo principal serving on the board of a named settlement organisation or Israel-focused anti-BDS pressure group.
Leonardo S.p.A.’s primary corporate-governance records identify the director as Silvia Stefini, confirming the spelling used in the existing audit under “Other directors”. Leonardo’s 2023 corporate-governance report, issued on 12 March 2024, repeatedly uses “Silvia Stefini”, including in its board composition, committee membership records and individual director biography. Leonardo’s separately published official director biography likewise identifies her as Silvia Stefini, an independent non-executive director appointed on 9 May 2023. The company’s 2024 corporate-governance report, issued on 11 March 2025, also uses “Silvia STEFINI”. These detailed primary board records consistently support Stefini rather than Stefani. The existing audit therefore requires no spelling correction.24, 25, 26
Gian Piero Cutillo - Co-General Manager: 7 May–26 October 2026 - no public evidence identified of a personal Israel/Palestine-related political statement, advocacy campaign, lobbying mandate, political donation or affiliation with an Israeli settlement organisation, military-welfare organisation or Palestine-focused political group. Leonardo appointed Cutillo Co-General Manager on 7 May 2026, heading a newly established General Management Department reporting directly to CEO Lorenzo Mariani. His previous responsibilities included Managing Director of the Helicopters Division from 2017 to 2026. These positions establish substantial corporate influence and warrant inclusion under Principle 4. The existing Military finding that no separately verified personal Israeli military-channel act was established remains uncontradicted. The reviewed public material establishes senior responsibility within a company conducting Israeli military aviation business, but does not establish Cutillo’s personal participation in Israel-related political advocacy or lobbying. Searches covered Italian and English name combinations with Israel, Israele, Palestine, Palestina, Gaza, lobbying, political donations, defence relationships and organisational affiliations. An April 2026 Panorama article discussing Cutillo’s possible appointment as CEO and a May 2026 Leonardo leadership announcement provided corporate and political context without identifying qualifying personal Israel/Palestine-related conduct.15, 27
Giuseppe Aurilio - Chief Financial Officer: 10 November 2025–26 October 2026 - no public evidence identified of personal Israel/Palestine-related advocacy, lobbying, political donations, settlement-organisation affiliations or military-welfare fundraising. Leonardo’s corporate-governance disclosures identify Aurilio as Chief Financial Officer and Officer in Charge of Financial Reporting, effective 10 November 2025. His responsibilities include financial reporting and statutory certifications, establishing a senior financial oversight role relevant to Principle 4. Gabelli’s published account of a 16 June 2026 meeting with Aurilio and Leonardo’s investor-relations representative at Eurosatory confirms his continued senior corporate participation. Its account discusses financial guidance, Italian defence programmes, Middle Eastern revenue and corporate investments, but identifies no Israeli political advocacy, Palestinian political position or personal lobbying activity. The existing Economic finding that no verified personal Israeli investment was identified remains uncontradicted. Searches covered Aurilio’s name with Israel, Israele, Palestine, Palestina, Gaza, lobbying, political donations, investment affiliations and defence-sector relationships. The evidence establishes corporate financial responsibility and ordinary investor communications, without establishing qualifying personal political conduct.16, 17
Roberto Diacetti - Independent Non-Executive Director: 7 May–26 October 2026 - no public evidence identified of personal Israel/Palestine-related advocacy, political donations, lobbying or relevant organisational affiliations. Leonardo appointed Diacetti to its 2026–2028 board. On 26 May 2026, he became Chairman of the Control and Risks Committee and a member of the Nomination and Remuneration Committee. Those appointments establish direct influence over corporate risk oversight and governance, bringing him within Principle 4. Saipem independently documents his previous service as an independent director, Chairman of its Related Parties Committee and member of its Sustainability, Scenarios and Governance Committee, with his resignation announced in January 2026. These are confirming findings concerning corporate influence, but they do not establish Israel/Palestine-related political conduct. Searches covered his full name alongside Israel, Israele, Palestine, Palestina, Gaza, political advocacy, lobbying, donations and organisational affiliations. No qualifying personal political act was established by the reviewed material.18, 19, 28
Elena Grifoni - Independent Non-Executive Director: 7 May–26 October 2026 - no public evidence identified of personal Israel/Palestine-related statements, advocacy, lobbying, political donations or qualifying organisational affiliations. Leonardo’s May 2026 appointments establish her membership of the Sustainability Committee, the Geopolitical, Industrial Scenarios and Technological Innovation Committee, and the Governance and Related Parties Committee. The geopolitical committee supports board oversight of international developments, industrial scenarios and associated regulatory risks. These documented responsibilities establish governance influence within Principle 4, including participation in a committee whose remit could encompass Israel-related geopolitical risks. They do not demonstrate that Grifoni advocated a particular position concerning Israel or Palestine. Searches combined her full name with Israel, Israele, Palestine, Palestina, Gaza, lobbying, donations, political affiliations and Leonardo’s geopolitical committee. No qualifying personal conduct was established.18, 19
Francesco Soro - Independent Non-Executive Director: 7 May–26 October 2026 - no public evidence identified of personal Israel/Palestine-related statements, advocacy, lobbying, political donations or affiliations with Israeli settlement or military-support organisations. Leonardo appointed Soro to its 2026–2028 board and subsequently to the Nomination and Remuneration Committee and the Geopolitical, Industrial Scenarios and Technological Innovation Committee. The company’s May 2026 board announcement additionally acknowledged his professional role within Italy’s Ministry of Economy and Finance and reported that the board considered this compatible with his independence. His board responsibilities and government position establish a credible channel of institutional influence relevant to Principle 4. However, the evidence does not establish that Soro used either position to influence Leonardo’s Israeli contracts, advocate an Israel/Palestine policy or make a qualifying political contribution. Searches covered his full name with Israel, Israele, Palestine, Palestina, Gaza, defence policy, government lobbying, political donations and organisational affiliations. No qualifying personal Israel/Palestine-related conduct was established.18, 19, 15
Maurizio Tucci - Independent Non-Executive Director and Lead Independent Director: 7 May–26 October 2026 - no public evidence identified of personal Israel/Palestine-related advocacy, lobbying, political donations or affiliations with relevant political or settlement organisations. Leonardo’s May 2026 governance appointments identify Tucci as Lead Independent Director and a member of the Nomination and Remuneration Committee, Sustainability Committee, and Geopolitical, Industrial Scenarios and Technological Innovation Committee. These responsibilities establish substantial board influence within Principle 4. An additional historical reference places a person named Maurizio Tucci in defence-industry management, but the available material does not establish qualifying Israel/Palestine-related political conduct by Leonardo’s current director. Searches covered his full name with Leonardo, Israel, Israele, Palestine, Palestina, Gaza, political advocacy, lobbying and donations. No independently attributable qualifying political act was established.18, 19
Rosalba Veltri - Independent Non-Executive Director: 7 May–26 October 2026 - no public evidence identified of personal Israel/Palestine-related statements, advocacy, lobbying, political donations or qualifying organisational affiliations. Leonardo’s corporate records identify her as Rosina, also known as Rosalba, Veltri. The company appointed her to its 2026–2028 board and subsequently made her Chairwoman of the Sustainability Committee and a member of the Control and Risks Committee. These positions establish substantial influence over corporate sustainability and risk oversight, bringing her within Principle 4. Neither appointment establishes a personal position on Israeli military contracts, Palestinian rights or settlement policy. Searches covered Rosalba Veltri, Rosina Veltri and the combined name with Israel, Israele, Palestine, Palestina, Gaza, advocacy, lobbying, political donations and relevant organisational affiliations. No qualifying personal political conduct was established.18, 19
Footnotes
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Corriere della Sera, “Cingolani: False le accuse a Leonardo sulle forniture a Israele”, 30 September 2025. https://www.corriere.it/economia/aziende/25_settembre_30/cingolani-leonardo-israele-guerra-9267134b-ea21-40cd-8507-1dc2376daxlk.shtml?pwcmp=vetrinaamp ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7
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la Repubblica, “Cingolani: Rifiutiamo accostamento al genocidio”, 7 October 2025. https://www.repubblica.it/economia/2025/10/07/news/cingolani_leonardo_israele_genocidio-424896817/amp/ ↩ ↩2 ↩3
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Leonardo S.p.A., Industrial Plan 2024–2028, Executive Summary, March 2024. https://www.leonardo.com/documents/15646808/25622604/CMD_v18.pdf/de89ea44-679e-db96-9255-ab7bd63c1811?t=1710236841794 ↩ ↩2 ↩3 ↩4
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Leonardo S.p.A., Report on Corporate Governance and Shareholder Structure, 2023 Financial Year, 12 March 2024, including contractual change-of-control disclosures. https://www.leonardo.com/documents/15646808/16736138/RCG%2B2024_EN_12%2B03%2B2024.pdf?t=1710229774511 ↩ ↩2 ↩3 ↩4 ↩5
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Elbit Systems, “Elbit Systems Completes Delivery of Israeli Air Forces’ Ground Based Training System Center”, historical programme announcement. https://www.elbitsystems.com/news/elbit-systems-completes-delivery-israeli-air-forces-ground-based-training-system-center ↩ ↩2
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Leonardo DRS, Inc., Form 10-K for year ended 31 December 2022, filed with the US Securities and Exchange Commission in 2023. https://www.sec.gov/Archives/edgar/data/1833756/000162828023009545/drs-20221231.htm ↩ ↩2 ↩3 ↩4
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Leonardo DRS, Inc., Form 10-K for year ended 31 December 2023, filed with the US Securities and Exchange Commission in 2024. https://www.sec.gov/Archives/edgar/data/1833756/000162828024007359/drs-20231231.htm ↩ ↩2 ↩3
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Un Ponte Per, “On 27 March We Bring the State and Leonardo S.p.A. in Court”, 27 March 2026. https://unponteper.it/en/on-27-march-we-bring-the-state-and-leonardo-s-p-a-in-court/ ↩
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ARCI, “La causa contro Leonardo prosegue: il Tribunale rinvia alla fase finale del giudizio”, 22 May 2026. https://www.arci.it/la-causa-contro-leonardo-prosegue/ ↩
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ARCI, “Vendita di armi verso Israele: prima udienza a trattazione scritta”, 31 March 2026. https://www.arci.it/giu-le-armi-leonardo-prima-udienza-scritta/ ↩
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Campaign Against Arms Trade, Leonardo company profile, including 2025 campaign activity. https://caat.org.uk/data/companies/leonardo/ ↩ ↩2
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Campaign Against Arms Trade, “No Warmongers in our Capital: Edinburgh CAAT to take action at EICC”, September 2024. https://caat.org.uk/news/no-warmongers-in-our-capital-edinburgh-caat-to-take-action-at-eicc/ ↩
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Corporate Watch, “Who’s arming Israel? Mapping UK sites linked to Israeli state terror”, republished by The Prisma, 23 December 2024, including attribution of the historical AgustaWestland allegation to the Palestine Solidarity Campaign. https://theprisma.co.uk/2024/12/23/whos-arming-israel-mapping-uk-sites-linked-to-israeli-state-terror/ ↩
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Elbit Systems, “Elbit Systems’ Heli-ClearVision Suite Now Offered on Leonardo’s Commercial Helicopters”, 6 March 2017. https://www.elbitsystems.com/news/elbit-systems-heli-clearvision-suite-now-offered-leonardos-commercial-helicopters ↩
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AVIONEWS, “Leonardo: the new BoD appoints Lorenzo Mariani as CEO and General Manager”, 8 May 2026. https://www.avionews.it/en/item/1269032-leonardo-the-new-bod-appoints-lorenzo-mariani-as-ceo-and-general-manager.html ↩ ↩2 ↩3
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Gabelli Funds, “Farnborough and Eurosatory Trade Show Highlights”, 2026, reporting a meeting held on 16 June 2026. https://gabelli.com/research/the-gabelli-aerospace-and-defense-etf/ ↩ ↩2
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Leonardo S.p.A., Report on Corporate Governance and Shareholder Structure, Financial Year 2025, 11 March 2026, section 10.6, page 53, documenting Giuseppe Aurilio’s appointment as Chief Financial Officer and Officer in Charge of Financial Reporting, effective 10 November 2025. https://www.leonardo.com/documents/15646808/16736911/RCG%2B2026_11%2B03%2B2026_ENG.pdf/efb6fc24-a6a5-7bf9-7f2e-8e86fd1bbe4f?t=1773313987382 ↩ ↩2
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AVIONEWS, “Leonardo: establishment of Board Committees”, 27 May 2026. https://www.avionews.it/en/item/1269272-leonardo-establishment-of-board-committees.html ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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AVIONEWS, “Who are the new Leonardo board members for 2026–2028, and where do they come from? (2)”, May 2026. https://www.avionews.it/en/item/1269012-who-are-the-new-leonardo-board-members-for-2026-2028-and-where-do-they-come-from-2.html ↩ ↩2 ↩3 ↩4 ↩5 ↩6
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Camera dei Deputati, parliamentary monitoring dossier on publicly owned companies, 26 February 2026. https://documenti.camera.it/leg19/dossier/testi/CP0226S.htm ↩ ↩2 ↩3 ↩4
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Leonardo S.p.A., Report on Corporate Governance and Shareholder Structure, Financial Year 2024, 11 March 2025, Appendix Table 1, page 81, “Information on the Shareholder Structure at 10 March 2025”, identifying the Ministry of Economy and Finance at 30.204% and Capital Research and Management Company at 5.060% of ordinary and voting capital. https://www.leonardo.com/documents/15646808/0/RCG%2B2025_11%2B03%2B2025_ENG.pdf?t=1749748501510 ↩ ↩2 ↩3
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Leonardo S.p.A., Corporate Governance Report, Financial Year 2024, issued March 2025. https://www.leonardo.com/documents/15646808/16736911/RCG%2B2025_11%2B03%2B2025_ENG.pdf?t=1741706617319 ↩ ↩2
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Leonardo DRS, Inc., “Leonardo DRS Announces Closing of Merger with RADA”, 28 November 2022, Exhibit 99.1 filed with the US Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/1833756/000162828022030896/exhibit991-8xk112822.htm ↩
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Leonardo S.p.A., Report on Corporate Governance and Shareholder Structure, Financial Year 2023, 12 March 2024, board composition and director biography, pages 55, 155 and 166. https://www.leonardo.com/documents/15646808/0/RCG%2B2024_EN_12%2B03%2B2024%2B%282%29.pdf ↩
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Leonardo S.p.A., “Silvia Stefini”, official director biography, May 2023. https://www.leonardo.com/documents/15646808/25693206/CV_Stefini_ENG_%28ita%2Bversion%29.pdf/e6e4b211-5d11-f3eb-da6f-328daa1bbf0a ↩
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Leonardo S.p.A., Report on Corporate Governance and Shareholder Structure, Financial Year 2024, 11 March 2025, Table 6: List of Positions Held by the Directors in Other Companies. https://www.leonardo.com/documents/15646808/16736911/RCG%2B2025_11%2B03%2B2025_ENG.pdf ↩
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Panorama, Fausto Biloslavo, “Michelangelo Dome, lo scudo italiano che abbatte missili a costi ridotti (sfidando Israele e Usa)”, 18 April 2026. https://www.panorama.it/attualita/difesa-aerospazio/michelangelo-dome-lo-scudo-italiano-che-abbatte-missili-a-costi-ridotti-sfidando-israele-e-usa ↩
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Teleborsa, “Saipem, si dimette il consigliere indipendente Roberto Diacetti”, published by la Repubblica, 16 January 2026, documenting his resignation and previous board committee responsibilities. https://finanza.repubblica.it/mobile/News/2026/01/16/saipem_si_dimette_il_consigliere_indipendente_roberto_diacetti-205/ ↩