Leonardo Takes Over Iveco Defence Business in €1.7 Billion Deal Reshaping Europe’s Land Systems Strategy

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.

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)

from World Defence News https://ift.tt/VqeBfp3
via IFTTT

Comments

U.S. Army Conducts Gunnery Exercise With Latest Air Defense System Sgt Stout.

U.S. Army officials confirmed that a live gunnery exercise at Fort Hood, Texas, is underway, featuring the latest-generation Sgt Stout short-range air defense system. The drills mark a significant step toward full operational integration as units across the force adapt to evolving threats from drones, rotary-wing aircraft, and low-flying munitions. It matters because Sgt. Stout enhances the Army’s ability to defend forward-deployed troops and critical infrastructure from modern aerial threats. Read full Defense News at this link ... A U.S. Army SGT Stout SHORAD air defense vehicle maneuvers into firing position during live-fire training with the 6th Battalion, 56th Air Defense Artillery Regiment at Fort Hood, Texas, on October 3, 2025. (Picture source: U.S. Department of War) Read More from World Defence News https://ift.tt/NYmsS1n via IFTTT

US-built first Saudi MMSC frigate HMS Saud launched at Fincantieri’s shipyard

According to information published by the Saudi Ministry of Defense on December 18, 2025, the first Multi-Mission Surface Combatant frigate constructed in the United States for the Royal Saudi Navy has been officially launched at Fincantieri Marinette Marine’s shipyard in Marinette, Wisconsin. The ship, designated HMS Saud with pennant number 820 and also known as Jalalat Al-Malik Saud in honor of King Saud, is the lead vessel in a four-ship program ordered under Project Tuwaiq through the U.S. Foreign Military Sales framework, a deal that defense officials have repeatedly described as a cornerstone of bilateral naval cooperation. Read more. The HMS Saud (820) has an overall length of approximately 118 meters, in some sources detailed as 118.6 meters, with a beam of 17.6 meters, a draft of about 4.3 meters, and a full-load displacement estimated at roughly 3,600 tonnes. (Picture source: Saudi MoD) Read full Defense news. from World Defence News https://ift....

Hellfire and JAGM Missiles Confirm Their Key Role in US Strike Power with New Contract

According to an announcement from the United States Department of Defense, Lockheed Martin has received a contract modification valued at $720 million for the fourth year of production of the Hellfire and Joint Air-to-Ground Missile (JAGM) systems. This award brings the total value of the agreement to approximately $1.49 billion. Work will be carried out at the company’s facilities in Ocala, Florida, with completion expected by September 30, 2028. The program is managed by the Army Contracting Command at Redstone Arsenal, Alabama, and is funded through the fiscal year 2025 missile procurement budget. Read more. The JAGM, designated AGM-179, builds on the Hellfire’s design with an improved guidance system that incorporates a multi-mode seeker combining semi-active laser and millimeter-wave radar (Picture source: US DoD) Read full Defense news. from World Defence News https://ift.tt/dvrFwSB via IFTTT

MTQ News

Search This Blog