Leonardo co-general Manager Lorenzo Mariani said significant consolidation among European defense companies in the future will lead to a healthier defense sector in the region. In an interview with Breaking Defense published on Thursday, Mariani discussed how consolidation differs from the mergers and acquisitions practice in the United States and how it is more similar...
Hello, Guest!
Tag: Leonardo
Post
UK-Japan-Italy Partnership Unveils Concept Model of Next-Generation Combat Aircraft; Herman Claesen Quoted
BAE Systems has unveiled a new concept model of its next-generation combat aircraft under the Global Combat Air Program at the Farnborough International Airshow. The new aircraft, which the U.K. contractor developed with Japan’s Mitsubishi Heavy Industries and Leonardo of Italy, features a larger wingspan than previous concepts for enhanced aerodynamics, a more intelligent weapons...
Post
Leonardo to Support Ammunition Production for Italian Armed Forces
The Defence Industries Agency, a component of the Italian Ministry of Defence that supplies military equipment to the Italian Armed Forces, has partnered with Leonardo to develop conventional 155 mm artillery ammunition over 18 months. Leonardo said the collaboration, with options to extend further, aims to improve the operational capabilities of the Italian Armed Forces...
Post
Leonardo-Rheinmetall MOU Eyes Armored Vehicle Manufacturing for European Market; Armin Papperger Quoted
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...
Post
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...
Post
Leonardo’s Southern Italy Facility to Pause Boeing 787 Production, Begin AW609 Tiltrotor Assembly
Leonardo has selected the site for the final assembly of its AW609 tiltrotor aircraft in Italy. On Monday, the company met with trade union representatives to share the next steps in its Grottaglie production site diversification plan. The Grottaglie plant located near Taranto, Puglia, in southern Italy was originally built for the production of Boeing...
Post
Italy Tops 2023 European Defence Fund Project Awards With Leonardo’s Major Grants
Italy cornered most of the projects under the 2023 European Defence Fund, the European Commission’s support tool for defense research and development among regional companies. Out of the EDF’s 54 R&D projects in 2023, valued at about $1.07 billion, Italian companies won 35, with Leonardo accounting for 13 grants, according to a company statement. With...
Post
Fincantieri, Partner Companies to Deliver Italian Navy’s Requirements for Advanced Sub-Sea Drone Tech
Italy-based companies are collaborating to deliver the Italian Navy’s requirements for advanced sub-sea drone technologies. Fincantieri said it would work with Leonardo and Saipem to respond to the service’s solicitations for modern underwater propulsion, communications, and drone launch and recovery capabilities. “The responses to all four tenders will be made by clusters of companies,” a...
Post
Leonardo Sells Underwater Armaments Systems to Shipbuilder Fincantieri; Roberto Cingolani Quoted
Leonardo is divesting its business line responsible for making torpedos. The defense company signed a definitive agreement with Fincantieri, one of the biggest shipbuilders in Europe, for the sale of Underwater Armaments Systems for up to $447 million. In a press release, Leonardo said Fincantieri will pay a fixed amount of about $323 million for...
Post
Leonardo to Collaborate With Singapore on Naval Technology Development
Leonardo has partnered with Singapore to explore further deployment of the Italian contractor’s naval gun and underwater technologies in the island nation. Leonardo’s website lists the76SR guns and Hitrole remote weapon stations among the company’s naval systems in the Singapore Navy service. It notes that the company has been partnering with the Singapore Armed Forces...