Leonardo signed a binding agreement on 11 March to acquire Becrypt, a London-based developer of high-assurance cyber security products, through its subsidiary Leonardo UK.
Why Leonardo S.p.A. is buying Becrypt Ltd
Leonardo said Becrypt's secure data transfer, endpoint security and data and cloud security capabilities would strengthen its Zero Trust portfolio and its position in UK and Five Eyes cyber defence. The deal follows its European cyber acquisitions of Axiomatics, SSH Communications and Arbit.
“This latest acquisition in the UK marks another step forward in Leonardo's strategy”
Deal terms and financing
Financial terms were not disclosed.
Regulatory approvals and timing
Completion was subject to regulatory approvals and expected in the second quarter of 2026. Global Scope Partners lists the transaction, on which its member Silverpeak acted for Becrypt, with a completion date of 1 May 2026.
Market context
Becrypt employs about 100 people and its secure operating systems, collaboration, data transfer and mobile device management products are used across the Ministry of Defence and other UK government departments.
