The Mediobanca Research Area has published a report on the defence system to coincide with the event “The Defence era: capital and innovation in the current geopolitical cycle”. The report, presented exclusively by the Director of the Mediobanca Research Area Gabriele Barbaresco and by leading analyst Nadia Portioli, analyses the financial data of 40 multinationals and 100 Italian firms operating in the security industry, with a focus on the most recent trends in the sector and its prospects.