Of this £960 million, a third of all Leonardo supply chain spending was spent directly with SMEs, covering computer, electronic and optical products. Overall, Leonardo's procurement spending is estimated to indirectly support 12,900 jobs in the company’s UK supply chain.
In terms of how Leonardo’s supply chain purchases impact UK GDP, it was estimated to support a £830 million contribution to in 2023, with the largest indirect impact being £190 million in the manufacturing sector.
Helicopters
Leonardo’s UK helicopters business works with hundreds of suppliers, and made £400 million of supply chain purchases in 2023. The largest impact was felt in the manufacturing industries, with professional services and administrative services having the second and third largest impacts.
Electronics
In 2023, Leonardo UK’s electronic business spent £460 million with its domestic suppliers. This spending and the activity it stimulated up the supply chain supported an estimated 5,900 jobs. The largest impact was in the administrative services sector, which includes various business support activities such as employment services, office administration and facilities management.
The breakdown in local supply chain spending in 2023 at each of our main locations, was as follows:
- Leonardo in Edinburgh – £61m
- Leonardo in Luton – £19m
- Leonardo in Basildon – £16m
- Leonardo in Southampton – £4.8m
- Leonardo in Lincoln – £3.6m
Cyber
Leonardo UK’s cyber security business made £21 million of procurement purchases from UK businesses in 2023, including capital investment spending.
