Leonardo acquires GEM Elettronica
The Italian defence group Leonardo has acquired a 30 percent stake in the company GEM Elettronica. The company has 130 employees and develops and produces electronics for civil and military use. Applications in the defence sector include small 2D and 3D radar systems, consoles, integrated bridge systems, electro-optical fire control systems, inertial navigation systems and electronic nautical charts. Most recently, GEM was able to develop and install a helo-decking radar for the Italian Navy. According to Leonardo, the product areas of the two companies complement each other, as GEM is active in areas that are hardly ever addressed by the new shareholder. In future, synergies in the areas of development, marketing and sales are to be utilised.
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