A Forecast International blog about the arms trade, geopolitics, defense and security, and military spending.
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 …
Italy Consolidates Defense Industry as Leonardo Absorbs Iveco’s Military Vehicle Business Read More
Europe’s artillery heavyweights are lining up for Italy’s next big land-forces upgrade, and KNDS and Leonardo want to be at the front of the queue. The Franco-German group KNDS and …
KNDS and Leonardo Set Aside Rivalry to Capture Italy’s Heavy Firepower Market Read More
With activity at this year’s Association of the U.S. Army (AUSA) exposition in Washington swirling around C-UAS, Air Launched Effects, and unmanned ground vehicles, the show also delivered on several …
Army Aviation at AUSA: Three Leading Stories Read More Leonardo S.p.A. has signed a binding agreement to buy Iveco Defence Vehicles (IDV) from Iveco Group for an enterprise value of EUR1.7 billion ($1.96 billion), a move the Italian aerospace conglomerate says …
Leonardo to Acquire Iveco Defence Vehicles in €1.7 Billion Deal, Becomes Land-Systems “Prime” Read More
A new era for sixth-generation airpower began today with the launch of Edgewing, the tri-national industrial joint venture that will design and develop the Global Combat Air Program (GCAP) fighter …
Industry Partners Establish Edgewing as GCAP Design Authority Read More
The British Ministry of Defense expects to move forward with a contract for the New Medium Helicopter (NMH) in 2025, a defense official said at a parliamentary hearing this week. …
U.K. to Order New Medium Helicopter in 2025 Read More
The German Federal Cartel Office (Bundeskartellamt) has approved the formation of a joint venture between Germany’s defense systems producer Rheinmetall AG and Leonardo S.p.A., an Italian aerospace and defense company. …
Rheinmetall and Leonardo JV Receives Approval, to Focus on Italian Army Programs Read More
Iveco Defence Vehicles (IDV) has signed a preliminary agreement with Leonardo to supply components for future contracts within the new Leonardo-Rheinmetall joint venture. IDV will contribute 12-15 percent of the …
Iveco Defence Vehicles to Supply Components for Leonardo-Rheinmetall JV Read More Defense industry giants Leonardo and Rheinmetall have officially formed a new joint venture, Leonardo Rheinmetall Military Vehicles (LRMV), dedicated to the development and production of military combat vehicles. This partnership …
Leonardo and Rheinmetall Join Forces to Create European Combat Vehicle Powerhouse Read More
Talks between KNDS and Leonardo have collapsed without a deal. Launched in December 2023, the discussions aimed to create a powerful European defense alliance. Initial plans, formed under the Italian …
KNDS, Leonardo Talks on European Armored Vehicle Alliance Fail Read More