Leonardo and Rheinmetall win €3.7B Italian army deal

Italian defense group Leonardo and Germany's Rheinmetall have secured two contracts worth 3.7 billion euros with the Italian army. The orders cover combat vehicles and new generation tanks as part of a military modernization program.

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Leonardo logo is seen in this illustration taken July 26, 2025. REUTERS/Dado Ruvic/Illustration

LEONARDO SPA and RHEINMETALL AG secured two contracts worth €3.7 billion ($4.16 billion) from the Italy army through their joint venture. The orders cover A2CS combat vehicles and next-generation MBT tanks for military modernization. The venture between Italian and Germany defense firms expands European defense integration.

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