Leonardo Launches The Third Group Of Key Suppliers To Their ELITE Leonardo Lounge

The third group of companies have now joined the ‘ELITE Leonardo Lounge’. The environment is reserved for high-potential companies from Leonardo’s supply chain developed by ELITE and enriched by content and services for Leonardo’s suppliers.

With the addition of the 23 new entries, the number of Leonardo’s key suppliers to the ELITE program rises to 67. The companies included in the ELITE Leonardo Lounge come from 13 different regions, with a combined revenue of 1.3 billion euros and over 7,500 employees.

High-Potential companies

“We are extremely pleased to have launched the third group of 23 key suppliers to the ELITE Leonardo Lounge: this is a further step forward in the creation of a more competitive, integrated, innovative and resilient industrial eco-system. This is the sustainable development model which we are offering to our best suppliers with the LEAP2020 program,” underlines Giacinto Carullo, Leonardo’s Chief Procurement & Supply Chain Officer.

The ELITE Leonardo Lounge model was developed to meet the specific needs of the high-potential companies

The ELITE Leonardo Lounge model was developed in co-design to meet the specific needs of the high-potential companies in the Leonardo supply chain. It allows suppliers, within the program, to structure their resilience, growth and internationalization plans that require high levels of transversal skills, especially in terms of managerial skills and internal organizational structure.

High-Impact categories

The initiative is part of the optimization and strengthening process of the supply chain that Leonardo launched in 2018 with the Leonardo Empowering Advanced Partnership (LEAP2020) program in line with the objectives of the Company’s Business Plan.

The purpose of LEAP2020 is to make suppliers in some high-impact categories more solid and sustainable, to their own qualitative and dimensional growth, and to grow a selected pool of partners more integrated into Leonardo’s production ecosystem. It also supports the partners in the ability to innovate and compete on international markets, consolidating poles of excellence on certain technologies.