This growth reflects Italy's position as a global leader in the defense and aerospace sector, ranking among the top 10 countries worldwide. Italian companies are prominent in civil helicopters, regional aircraft, and propulsion systems.

The aerospace industry in Italy reached $6.2 billion in exports in 2022, securing tenth place globally. Italy's defense budget is estimated at $30.3 billion for the year and is expected to grow in the coming years.

The Italian Trade Agency (ITA) sees opportunities for increased collaboration with the UAE, particularly in areas like unmanned aerial vehicles (UAVs) and avionics systems. Italy is keen to become part of the supply chain for UAE aerospace and defense projects and engage in joint research and development initiatives.

The Dubai Airshow 2023 provided an opportunity for Italian aerospace firms to showcase their capabilities, with companies like Leonardo, Avio Aero, and others participating in the event. Italy aims to strengthen its strategic partnerships in the aerospace and defense sectors and contribute to innovation in the industry.

Dubai Airshow, a major aerospace and defense event, attracted thousands of visitors from 95 countries and featured over 1,400 exhibitors displaying the latest innovations in the industry. The event serves as a platform for countries like Italy to showcase their commitment to industry advancement and forge partnerships for the future.