Italy Consolidates Defense Industry as Leonardo Absorbs Iveco’s Military Vehicle Business

Leonardo has completed its acquisition of Iveco Group’s defence division for approximately EUR1.6 billion ($1.84 billion), finalizing a deal that gives the Italian aerospace and defence conglomerate full ownership of …

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Pentagon Mobilizes Industrial Base for “Golden Dome” Missile Shield with $151B SHIELD Award

The U.S. Missile Defense Agency (MDA) has completed another round of awards under its Scalable Homeland Innovative Enterprise Layered Defense (SHIELD) multiple-award indefinite-delivery/indefinite-quantity (IDIQ) contract, a flexible acquisition vehicle with …

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