Italy’s Leonardo takes a stake in Finland’s SSH as European defence M&A inches forward

HELSINKI: Italy’s Leonardo will buy a 24.55% stake in Finland’s SSH to expand its cybersecurity business, the companies said on Tuesday, in a sign of some progress in European defence consolidation and cooperation.

The deal will see the Italian aerospace and defence group become SSH’s biggest shareholder, highlighting Leonardo’s belief that cybersecurity has become essential to the interconnected multi-domain warfare systems it develops.