German arms manufacturer Rheinmetall and Italian defense company Leonardo are planning a 50:50 partnership in Italy to develop and commercialize armored vehicles for the European market. The plan, outlined in a memorandum of understanding that the two companies signed on Wednesday, focuses on the Italian Army’s ground systems programs on a new main battle tank...
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Tag: Italian Army
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Italy Places New Order for Additional Armored Vehicles From Iveco-Leonardo JV
Italy has placed a new order for 28 Centauro II 8×8 armored vehicles to complete the requirement set by the Italian Army. In a press release on Thursday, the Iveco-Oto Melara Consortium, a joint venture between Iveco Defence Vehicles and Leonardo, announced that it signed the contract for the new batch with Italy’s Secretariat of...
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US Approves Italy’s Acquisition of M142 HIMARS Rocket Launchers for $400M
Italy is set to acquire M142 High Mobility Artillery Rocket Systems to aid in maintaining stability in Europe. The U.S. Department of State approved on Friday the possible foreign military sale of 21 HIMARS rocket launchers and related equipment valued at $400 million to the Italian Army. Lockheed Martin, as the primary contractor, will manufacture...