On July 30, 2025, a major milestone was reached in the European defense landscape with the announcement of Leonardo's acquisition of Iveco Group’s Defence Business. This transaction, reported by IVECO GROUP, marks the strategic consolidation of two key Italian defense players, aimed at bolstering Europe’s autonomy and competitiveness in land-based military technologies. With global tensions rising and a growing demand for integrated defense solutions, the move underscores Italy's ambition to anchor a continental champion in the sector. The €1.7 billion deal is expected to profoundly influence the military-industrial balance within Europe and beyond. Read Full Defense News At This Link.
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| With this deal, Leonardo takes a definitive step toward becoming Europe’s equivalent of a “land prime contractor,” setting the stage for greater industrial coherence and project scalability in future European defense programs (Picture source: IDV) |