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Last Trade - 02/12/21

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Market Cap £66.14bn
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Former Leonardo sub-supplier did not sell components to Airbus

Fri 15th October, 2021 1:28pm
MILAN, Oct 15 (Reuters) - A former sub-contractor of
Leonardo  LDOF.MI  did not sell components to Airbus  AIR.PA ,
the Italian defence group said on Friday. 
    Shares of the Italian state-controlled conglomerate fell 
more than 7% on Thursday after Boeing  BA.N  said parts supplied
by Leonardo sourced from the sub-contractor had been improperly
    Leonardo said Manufacturing Processes Specification (MPS) 
had not supplied titanium components for Airbus programs. 
    MPS is listed as an Airbus approved supplier in a document
available on the planemaker's website.
    Leonardo shares were volatile on Friday on the Milan stock
exchange. They were rising 0.33% at 1245 GMT, underperforming
Italy's blue-chip index FTSE MIB  .FTMIB , up 0.5%.

 (Reporting by Maria Pia Quaglia, editing by Giulia Segreti)
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