The Italian aviation and aerospace industry is doing well. In 2022, it recorded consolidated sales of about 13 billion euros, and 2023 looks even better. As for aeronautics, the international rearmament scenario, to which Italy has also adjusted, plays an important role. For 2023 about 8 billion euros have been allocated for this alone, and this will be growing until 2025. Certainly this money does not only go into planes and drones, but nevertheless it will have an important impact on the air force. Even NATO has asked to increase the Italian budget for the military up to 2 percent of GDP. The Italian industrial supply chain is one of the most important in the world, with a few large companies, Leonardo in the lead, and 50% of the total made up of very small companies. In the last 3 years, the sector has been affected by the consequences of the COVID-19 outbreak and this has had a significant impact on companies in the sector, with turnover decreasing by as much as 50% and with little investment, which has made the net recovery in 2023 extraordinary. For the astronautical part, funding has increased very considerably: Italy is now the third largest contributor to ESA, the European Space Agency, after the French and Germans. More than 2 billion euros have been allocated to build an all-Italian Earth observation constellation within the European Iride project and to develop and consolidate Avio's Vega launchers.